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.
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.
There are two opportunities that I often hear from people to analyze a coin, both of which are almost completely true if I pay close attention. First, when the coins are issued, usually in the next 2 or 3 months they will slowly rise. Second, this moment will be repeated once again, but not for long.
Sometimes keeping too long a coin also doesn't mean anything, considering that every coin has the right time to be at the maximum number, but not all coins have this opportunity.