Community Forex Questions
Do you still believe in old coins?
On top of the list of top coins, we also see some old famous names from last season, such as EOS, IOTA, Litecoin, Waves, NEO, TRON... Many people say these are "zombie platforms" since they have no users nowadays. Several people mock them and say they will soon be replaced by newer, stronger, more user-friendly projects.
However, I still believe that each token has its own moment. Several old projects have been around for about 3-4 years, so the team has plenty of time to perfect the technology and create a product for the community. The new projects don't have a testnet/mainnet or MVP yet, and everything is still just a promise on paper... Also, their community is huge, and these tokens are absolutely worth pumping and dumping.
I still invest most of my assets in quality old projects like Ethereum, EOS, IOTA, NEO, and TRON. I still believe they have x100 potential in this bull run.
However, I still believe that each token has its own moment. Several old projects have been around for about 3-4 years, so the team has plenty of time to perfect the technology and create a product for the community. The new projects don't have a testnet/mainnet or MVP yet, and everything is still just a promise on paper... Also, their community is huge, and these tokens are absolutely worth pumping and dumping.
I still invest most of my assets in quality old projects like Ethereum, EOS, IOTA, NEO, and TRON. I still believe they have x100 potential in this bull run.
Belief in old coins, particularly those from earlier blockchain generations like Bitcoin and Ethereum, remains strong among many investors and enthusiasts. Despite the rise of newer cryptocurrencies, old coins are often seen as reliable and stable due to their established track records, widespread adoption, and robust security measures. Bitcoin, as the pioneer, continues to be viewed as digital gold, a store of value, and a hedge against inflation. Ethereum, with its smart contract capabilities, maintains a dominant position in decentralized applications and the DeFi ecosystem. While newer coins may offer innovative features, the credibility and resilience of old coins ensure they remain integral to the cryptocurrency landscape, attracting both long-term investors and new entrants to the market.
Oct 08, 2021 21:21