Post
Topic
Board Altcoin Discussion
Re: How To Spot a Shitcoin?
by
Novatech8
on 25/06/2020, 06:55:50 UTC
There is no shortage of coins and tokens in the crypto-industry. How many of them are any good is the question.

Evaluating the economics, technology, and marketing of just one project is hard. There are thousands of projects out there. It’s impossible to come up with a universally applicable method to tell good projects from bad ones.

Yet, somehow people get by and manage to navigate among all the options in the cryptocurrency market. How?

When there are too many things to choose from and the time is limited, people, animals, and computers sometimes use heuristics—problem-solving approaches that aren’t necessarily optimal or rational, but they work well enough in most cases and save some time if you’re lucky.

https://forklog.media/how-to-spot-a-shitcoin/
You can spot shitcoins that are cheaply build, with small research on team members picture and linkedin account you can easily uncover some hidden truth but there are bad ass scam projects that have real team and CEO, they can even make public appearances to 'make investors belief', they are undetectable