The Altocins are always a topic, more up and down as with Bitcoin (some only down ;)). ICO projects were on the treadmill and couldn’t really decide which project to invest in, somehow everything looked interesting at first sight!
Today we look at whether your Coin XYZ is a Shitcoin or not?
I created a decision matrix for that. This matrix contains for example: A real problem solves – many projects write on their website what they want to do. But the key question is, which problem do they solve? Is it really a problem and does it need a blockchain?
Another big point in my decision matrix is: How high is the probability that the company can implement this solution?
Depending on the situation, there can be very large hurdles, such as regulation, other partnerships, which are currently very uncertain whether they are willing to participate in the company.
Further points and more detailed explanations can be found in the video:
Last time we talked about whether you should shitcoin, Hodlen or sell your shitcoin. My main focus was on Sunk Cost Value.
If you haven’t seen this video, you can find it here: https://www.youtube.com/watch?v=CEZWhQgtz2k
How’s your coin coming? How do you find my decision matrix?
I am happy to read your comments!