Every once in a while there comes a Cryptocurrency that is completely useless. It's not actually a Scam but it has no Benefits.
I like to call these Cryptocurrencies Shitcoins.
There is a Shitcoin born every Minute and it's us who need to be somewhat aware of that. Now some of you might say DogeCoin was a Meme Coin but it had some Bright sides too.
I agree on that but if you factorize the sheer number of Shitcoins in the Market to just One kinda successful story you should know better to stay away from them.
There are literary Hundreds of Shitcoins but let me Point out a Few of them which I find a bit funny.
1. BoringCoin
2. CrapCoin
3. CryptoMeth
4. FraudCoin
5. FailCoin
These are just Examples of some Coins which just struck Out. I don't really remember the Name but I saw a Coin and in his Whitepaper and its Website, it was clearly written that if You buy this Coin you are Buying my Shit and I will take all your Money and some People still bought that.
I just want to say to you Guysthat always Read the Whitepaper of the Coin you are interested in Investing in. Do your own Due Diligence. I don't want anyone holding a Shitcoin in their Portfolio.
That's it for this Post.
I hope to see you Guys in my next post.