Post
Topic
Board Altcoin Discussion
Re: How to identify shitcoins?
by
MIner1448
on 10/12/2023, 06:38:45 UTC
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.
This is a fairly common experience among cryptocurrency investors and highlights the importance of discretion when choosing assets to invest in. The cryptocurrency market, especially the altcoin segment, can be highly unpredictable and influenced by various factors, including market conditions, technological changes, news and circumstances surrounding the project team.
It is important to conduct thorough analysis before investing in any asset, including assessing the project team, technology framework, public perception and potential risks.