馃憜
INFO to read.
What's A Sh-tCoin?
Its a coin with a low market cap and the price Fluctuates up and down to 5000%, Its not a steady rise, its more like a sky rocket and decline. Never read 24hr percentages they don't mean anything. You can have a coin with 5000% ROI in 7 days but 95% ROI for the month!!
How Do I know?
You can read their whitepaper, check the development staff, tech or company goals that makes their coin truly unique and valuable. All really good coins have a developing and contributing community. one that handles all aspects of the coin from promo, graphics, news, public awareness, economic incentives, and continued innovation.
Most of the coins are clones of earlier coins with limited resources, vision and skill. Like a Bitcoin Diamond or Super Bitcoin.
You have to be wise when investing in anything because there is always a price fluctuation and you don't want to be buying something that is at it's all time high (ATH). If you're interested in trading, learning how to read charts and market mentality you are in the right place by joining Cryptocurrency Member.
For Long term #HODL the questions you want to ask are:
Does this coin/project have a purpose?
If so what?
Can they solve a real problem?
How good is their team?
How long have they been around?
How strong is their code base?
Do they have a road map?
Are they transparent?
From there you should be able to decide if the coin/token you are looking at is a Sh-tcoin or not.
