Cryptos to avoid:
Many article are about what to buy...so wanted to share what...to NOT buy. Note that those cited here can make you some cash...but still should be avoided for the reasons given!
Bitcoin Cash (BCH)
Outdated due to innovations like the Lightning Network improving Bitcoin’s efficiency, making BCH’s original advantages obsolete.
Dogecoin (DOGE)
Lacks a competitive advantage, infinite supply, primarily used for tipping...
Hex (HEX)
Questionable claims of returns, lacks clear utility or revenue generation.
Shiba Inu (SHIB)
Lacks differentiation and a competitive edge, with failed catalysts and a history of payment coins crashing after rapid gains.
Terra Classic (LUNC) and TerraClassicUSD (USTC)
Lost foundational purpose after a catastrophic de-pegging event, highlighting the risks of algorithmic stablecoins.
FTX Token (FTT)
Useless since the collapse of the FTX exchange....