Investing Wisely: Understanding Shitcoins and the FOMO Phenomenon
The world of cryptocurrencies is developing rapidly, attracting investors and crypto enthusiasts with promising projects. However, along with promising projects, there are also potential ‘scares’ on the market that can lead to the loss of crypto enthusiasts’ funds, and sometimes considerable ones. One of them is ‘Shitcoins’, i.e. cryptocurrencies that do not actually have any real value or long-term potential. At the same time, one of the factors that push investors to invest in such projects...