As we can see, there are lots of coins that are being offered in the market every single day. Does every single coins that are in the market really usable in our daily lives? According to Bitcoin.com, the enormous number of tokens existing in the market is currently bringing confusion to the investors. For example, they wanted to invest their money in Quarkchain, but bought the Quark instead. Which is a totally different coin. I know that it is probably the fault of the investors for not double checking the coin, but too much coins in the market also plays a big factor.
Are there any solutions about this problem that we, the users in this forum, can do?
That is why its very important to do a thorough research first before engaging yourself into crypto. There are some people who just wanted to go dive in the ocean due to the hype of cryptos even if they don't have any knowledge about it. When it comes to investments we need to really be careful to place it in an investment vehicle that will really let us profit since crypto is not a game it is a currency and its value is very volatile.