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.
As of the time of writing, I think the prices dips already which could jump up again very soon to break another resistance. Talking about right time.
The old tokens/coins that I have in mind are actually more ancient like Lisk or ETC. Or probably coins that have been in the bullrun in 2017, undergoes a bear market since 2018 but got out alive still. I can see them still alive today even on the top 20 on CMC. I'd like to believe they are going o be profitable to hold. My pick this time is WAVES because the price isn't more than $100 yet.