Post
Topic
Board Beginners & Help
Re: Be careful of shitcoins
by
pixie85
on 21/06/2020, 20:09:02 UTC

I will advice people to analyse market and the coin that want to be used to trade or invest before buying such coin

Technical analysis is useless with shitcoins. TA predicting future by observing past market action. New shitcoins don't have past action or have so little of it that you cannot do anything with that data.

What you have to do is check their site see if people involved are clean or maybe they used to run ponzis in the past. You can also look at fundamentals. What that coin is supposed to do. Is it unique or another clone of an existing coin.