New currencies and new projects emerge in an endless stream every day, most of which are deceptive and make investors miserable.
You're right and that's why majority of them are just like an addition to the market without having any contribution because all of them are made to be nothing.
How can we better identify them? I hope everyone can make suggestions so that more people can learn from experience
You don't have to go that far on this one.
Buy Bitcoin, its network is secured and you don't have to wonder why people are always suggesting it to have. It's simple because it's the top and if you're looking for a security, check its history.