Post
Topic
Board Altcoin Discussion
Re: Buying old coins: Is it worth it?
by
SEM9
on 17/07/2021, 17:33:15 UTC
Most Old coins aren’t worth investing in. The crypto world is so fast and sadly many of these old projects are to far behind the technology to last. They may go up a little in the bull run that I believe is going to begin here soon, but it’ll just be based on old hype. If you are a long term investor like me who is trying to find the next big coin that will take over in the next 5 years then most of these old coins are old news. They were very important to the growth of the crypto community but the technology is moving to fast and many of these projects are based on old technologies. My favorite new project that I think will take over in the next 5 years is NEAR. It was founded in 2019 and is way ahead of its time. It has done everything that ADA and ETH have promised to do but haven’t been able to yet. It’s fast, cheap, and is focusing on building a strong community that will last. NEAR was founded by all star developers who came from major companies like Facebook and google just to name a couple. They saw the potential in crypto and realized that it will takeover the world. The product that they built and are continuing to build is ready for mass adoption and will flourish when mass adoption happens. It’s also backed by top VC’s like Coinbase and Pantera capital just to name a couple so I’m not just some crazy guy or Bitcoin talk ranting, top VC’s see it’s potential. The crazy thing about crypto is that everyone is rich, but the product is still shit and not ready to be adopted by the masses. All money no product, that’s why I think NEAR will be different because it’s focused on the product and isn’t surviving off of old hype like many of these Alt coins which mark my words will fall off.