As an investor, i did a lots of invest in altcoins. Those were suppose to be good that time with having good hype, good team and community. But with having all of thats, most of altcoins scam after a time! I wonder for some altcoins, they were suppose not to be go but they scammed without any reason! And hundreds of altcoins are in my wallet, which are turn into dead shitcoin now.
Identifying the shitcoin in crypto world is little bit difficult but other hand it also is so easy if you focus on some main factors which are important to know about any coin or shitcoin. First you can check out their projects Whitepaper, Roadmap and other activities they fulfill their promises or not what is written on them. You can also do your own investigation in every project you choose for investment just keeping some main factors in mind. I also recommend you for investment in coins (not personal advice just suggestion) only choose top altcoins like Bitcoin, XRP, Eth and much more you find out these altcoins on Coinmarketcap and other site provided visual details about altcoins. Just wait for right time to invest then your investment will not be waste.