Quote from: crazy-pilot on January 20, 2021, 06:38:56 PM

Quote from: DAVID GRACED20 on January 19, 2021, 03:02:38 AM

In just 11 years of cryptocurrencies existence we've seen a series of shitcoins coming up, making a choice on which coin to hold aside $BTC & $ETH $BET $DOT $ADA & LINK is becoming difficult, how best can I get to know more viable projects like the ones I already have? When will the proliferation of shitcoins in crypto space stop? Who will check mate the proliferation of shitcoins?

I think your path may be quite simple. Study all possible scam projects for which you have the strength. Study the most popular scams that managed to deceive people, study the average scams that managed to declassify in time, but which all just managed to cash in, and study those who were already exposed at first. This will help you get a picture of what is happening and understand what connects all the scam projects to each other.

Still, we should be all careful.

Not all of the scams happening are the same scams although most of them have the same process or same way of scamming people. As long as we see projects or coins that are so good to be true, there is a high chance of it being a scam. With thousands of altcoins on the market, there are a huge number of scam out there.