Why do we know if it is a shit project or not? For a new crypto project, it is difficult to determine whether a good project or a shit project. I think managing risk management by avoiding a shit project, seems a bit difficult to understand.
Maybe what considered a shit project is project that are like the meme coins that only depend on the hype but the hype itself can be gone anytime. But it's also true to differentiate a good project and shit project is difficult,
what i always considered is if the project have good partnership with popular project, like if it's endorsed by big company like binance there are many project endorsed by binance until now with their launchpad, that will make me think the project is good quality because the project was interviewed by binance itself.
But this is only one of many factors out there to determine a good project