🤧 My perspective on new coins and old coins
👉 Hello everyone, recently there has been a lot of controversy about whether to invest in new coins or old coins, so through this article I will present my perspectives:
👉 Old Coins: These are coins that have gone through the "Dump and Pump" process, have many years of trading history on the market and have all their tokens unlocked: NEO, GAS, XRP,..
👉 New coins: These are coins that have just appeared, have been released recently, the chart has not gone through the pump and dump process many times: REZ, BB, NOT,..
👉 Some advantages and disadvantages of new and old coins
Advantage
+ New coins:
- Because most new coins belong to a certain trend, they receive great attention from the community
- Many motivations to increase prices because MM needs to push to take profits
- If the price floor is not listed too high and the market is listed at a good time, there will be a push
- Because it is a new project, considering the technology factor alone, it is better than the old project and is in line with the trend
+ Old coins:
- If it still exists up to this point, it proves that it has proven its reputation and reliability
- Little token inflation
- Less risk of strong liquidation because there are very few holders left
Defect
+ New coins:
- Currently, all new coins are listed at too high prices. If the market collapses, it will be divided very strongly
- Easily causes FOMO and causes damage to new market entrants
- Extremely high token inflation
+ Old coins:
- It is difficult to have strong growth potential, because old coins are held by many small holders, so accumulation takes a long time
- Not trendy, old technology
- Has gone through a lot of pump and dump processes so it's no longer attractive to newbies
👉 If you are interested in coins and the market, contact us at 03, 4552, 6, seven six six let's exchange.
