Watching the big cake soar, constantly breaking people's imagination, it should be an exciting thing by common sense. But strangely, I can't feel happy, the reason is simple - what I hold in my hand is not the big cake, but a pile of "shanzhai coins". In the coin circle, this is the norm and helpless choice for many retail investors.
Some may say that shanzhai coins are all garbage and have no value. But I want to say that every star has its time to shine, and some seemingly inconspicuous shanzhai coins might one day shine brightly.
So, how to judge whether a shanzhai coin has potential? Here are a few small suggestions:
Look at the team and the project: A reliable shanzhai coin usually has a strong team and an attractive project behind it. You need to understand who they are, what they are doing, and what their plans are. Also, the most important point about this team is whether they will boast, make big claims, and ride the wave of trends, etc.
How is the technology: The technology of shanzhai coins is also very important. You need to see if its blockchain technology, smart contracts, privacy protection, and other aspects are good enough. After all, technology is the key factor determining whether a shanzhai coin can develop in the long term.
Is there a large market demand: You need to see if this shanzhai coin can solve some problems, and whether there is demand in the market. If it can establish a foothold in a certain field, then its development potential will be great.
Is the community active: The size and activity level of a shanzhai coin's community are also very important. An active community can bring it more popularity and support.
Be aware of risks: When investing in shanzhai coins, risk awareness is absolutely essential. You need to know that the coin circle is highly volatile, and investments carry risks. Therefore, you need to allocate your funds reasonably and not throw everything in at once.
(Join the convoy, ride the waves together, and create brilliance!)
