Post
Topic
Board Altcoin Discussion
Re: Buying old coins: Is it worth it?
by
cunguks
on 03/08/2021, 18:58:51 UTC
With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.

I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you. Smiley

I also regularly monitor the old coins on the Coinmarketcap list, and I am looking forward to investing in them. But unfortunately the developer has abandoned the coin, so there is no progress whatsoever. Only a few exchanges have listed the coin, so we can't move to an exchange that we use frequently.
if the case has been abandoned by the developer. it will end badly. although there is usually a change of position with someone else if the new person holds it will usually make changes from the project planning developed.
if there is already a greater risk it's better to look for another project, there are many other projects that are better with less risk I'm sure.