Guide to Avoiding Shanzhai Coins
1. VC Coins - Proceed with Caution Projects backed by venture capital often come with high volatility, and their price trends can be easily influenced by capital manipulation. Investing in such projects is akin to walking on a tightrope, with enormous risks.
2. Non-Fully Circulating Coins Coins that have not achieved full circulation resemble a stagnant pool of water, with low trading activity and numerous difficulties in capital inflow and outflow. Once trapped, escaping becomes a luxury.
3. Old Coins Have Many Traps Some well-established projects that have been around for years but progress at a snail's pace have long seen their glory days become a thing of the past, with a minuscule chance of rising again and achieving significant appreciation.
4. Non-Mainstream Platforms Coins not listed on mainstream exchanges are like travelers groping in the dark, with low market recognition and poor liquidity, making it difficult to create any waves.
5. Non-Leading Projects Projects that do not hold a leading position in the industry are often at a disadvantage in fierce market competition, showing mediocre performance in both technological innovation and market share competition.