With the advent of Bitcoin in 2009 and its success, more and more new companies with the intention of implementing this new blockchain technology in their system to suit the market. Through extremely new technology, we can see our failures in this market. What is Shitcoin? How to identify? Should I invest?
First of all, we must be aware that these "famous" crypto-coins are disguised as major projects.
What is Shitcoin? This term is nothing more than the name given to describe an altitude that has become useless. The principle deposit of altcoin is that the project was created without an end goal or was abandoned by developers during the course, that is, what was sought in thesis failed to materialize
How to identify? The objective to any other investment, is necessary to at least a research on a certain investment before investing. What has been happening recently, especially the cryptography market, is the maneuvering consent, which is no more important than the decision making based on the publication of comments, forming what we know as pyramids. These pyramid stocks are usually supplied with large-quantity supply currencies, are often left in the first place and end up losing a lot of money when encountering whales (big investors). As it is of today the pyramid, which is more recent than the coin (s) and / or leave the boat leave at the loss. Without further ado, let's use the foreground media; 2 ° Always have a foot behind with the tags of low value that its price varies a lot in the short term; 3 ° One should not have by specification, concrete is the best option; 4 ° Never follow an opinion so that it is tempting.
Should I invest? This kind of question is very relative. For those who want to make a profit, the short term is a good option, but can be received when the price is quite inflated, the time that is necessary for the losses. It is still very easy to find when it comes to a bomb, this type of trading is very risky, I speak from experience, I have already obtained a lot of negotiation, but the present has been present on some occasions. But, if you have to invest in this type of criptomoeda, its gain and skip off the boat; always set gain points for gains and losses because, you can go to sleep like a big and a commoner.