Quote from: Ureung jameun on Today at 07:52:12 PM

Quote from: Daodex on February 25, 2022, 06:30:07 AM

Almost everyone I knew now creates their own tokens Grin

these guys aren't even crypto developers to begin with, they have no coding experience or knowledge now this makes me worry, imagine how many crypto tokens that are created by inexperienced personal, I think we need to buckle up for there will be huge rain of scam tokens upon us than what we've seen before...... Sigh! I wish that only few qualified people knew how to build blockchain projects.

Cryptocurency gives people the opportunity to become successful and rich, so it's not wrong if they create and run their own projects even though they have little experience and knowledge in launching new altcoins. but behind the launch of altcoins carried out by people who have no experience then my advice in this case, then we must be smarter than them, meaning we do not buy new altcoins developed by people who are not professional and have no experience in development altcoins. so don't blame them for developing altcoins without experience, but blame yourself for buying altcoins from them.

It is true that the crypto industry gives everyone the freedom to create their own altcoins. So quite a lot of new altcoins are popping up now,
but unfortunately most of the new altcoins created are just copycats from the previous project. So it doesn't have a clear purpose, there are
mostly new altcoins circulating just to raise funds for the development team, once they make a profit, the development team will leave
the project. Or it could be that new altcoins were created just to pump and dump. Therefore, we really have to be careful when choosing
new projects when investing. Don't be influenced by other people in determining the projects we will buy. But make sure to choose based on
the results of research and analysis that we do ourselves, to make sure we don't choose the wrong project for investment. But if we are a newbie
and don't have good skills in doing analysis, we should avoid investing in new projects and just focus on choosing investments in top altcoins.