Post
Topic
Board Speculation (Altcoins)
Re: Suggest a promising project at an early stage?
by
JeffBrad12
on 12/08/2023, 00:07:13 UTC
I think old project will be the best investment for you and you will never be disappointed with those projects because the best tokens always guarantee investors. Also if you want to hold for longer then definitely buy early top coins. If there are any profitable services offered by them, participate in them.
I don't think that's so simple. Many of the old coins that i used to hold have died out. It's not easy to keep people hyped and interested when markets are getting saturated with newcomers with exciting new tech.

When your old team might be doing the polishing of the old tech in their free time because money has ran out, there's no money for marketing and listing and whole thing is just a hobby for devs. Even community takeovers have almost always turned out as a horrible idea.
its true, so many old coins have already died out honestly it still baffling when someone is saying just invest in old coins regardless of the state they are in.
the thing with old coin in general is that, despite having quite the market capitalisation, they are already being abandoned, very few of them are kept on innovating like ethereum, most just gonna be stagnant until their market capitalisation slowly declines and eventually gets delisted, though it might take sometime before that happened.
i'd most certainly refrain from investing in them if i seek profits, the fact that it gonna takes time longer than newer coins and also there's no real guarantee that the coin itself gonna rise.