Quote from: FanEagle on January 29, 2023, 08:11:22 PM

Quote from: Yamifoud on January 29, 2023, 08:32:24 AM

Quote from: fmz89 on January 29, 2023, 08:15:06 AM

There is lot of old coin gonna be useless if they dont evolve to handle current trend and tech, most likely they wont, changing protocol need to rewrite from beginning so these coin gonna be forgotten and pumper likely they will create new coin

Only those projects that have an important role in the market remain while the rest will collapse and die. Might it happen to XRP or not, at least we are prepared about it and take action before it happens. If we are a long-term investor we make sure that we are not investing low-value or shit coins and much more not to keep hyped coins as no doubt that these projects will die first before Bitcoin and ETH dies. That is why we should also vigilant and check our portfolio from time to time so we are aware about the situation of our investment.

Really huh? Then what about Shib, Ape, Doge. These are not that important but why they are still alive up until now? I guess that's because they have a big community and their members are supporting their favourite coins. They won't just let it go down.

Those coin's don't have solid use cases and the only thing that their supporters can get about them is profit when someone rides their hype or when some influential people mention the coin as it will get the attention of their fans and the public making more people to FOMO. There are many people who hates XRP but I think XRP is better than the coins that I mentioned earlier. We should be careful though if we will consider this for long-term investment.

Yes, you've got a point there. Coins like Shib, Ape, and Doge have managed to maintain their presence despite not having strong use cases because they have dedicated communities who support them. These communities help to keep the coins alive and keep their prices stable.

However, the primary reason for their survival is hype and speculation. People are interested in these coins because they think they can make quick profits, and when influential figures mention these coins, it only adds fuel to the fire. In this sense, these coins are more like speculative assets rather than long-term investments.

Regarding XRP, people have mixed opinions about it. While some may see it as a better investment option compared to the coins you mentioned, it's still important to approach any investment opportunity with caution and consider all factors before making a decision. It's always wise to do your own research and make informed investment decisions, especially when it comes to the long-term.