Bitcoin Forum

Altcoins are mostly shit in crypto. They are copycat, zero-value, were born and die shortly after that.

There are some sort of risks when you decide to invest in newborn altcoins:

• They are pump/ dump coins. You will mostly buy at peaks and sell at bottoms or at worst, can not sell them when price falls to zero.
• You have to take risks by downloading and installing their wallets that potentially contain malwares, and other threats.
• Buying and trading them on newborn exchanges potentially put your fund at risks (when exchanges made scam exits).

Above are some vital risks of newborn altcoins. It is especially true if those projects are born in altcoin seasons, like what we have seen now.

Their wallets are mainly zipped/ compressed to force you downloading and beat AV softwares.
Their account ages (on Github) are young (newborn).
Their ANN threads are written like trash (if you spend time to copy and paste their ANN threads' contents, then search by Google or plagiarism detecting tools, you mostly find plagiarism proof.

It is so easy to make your coin, by cloning source code of the others. It is not too hard as you imagine.


Contributions
Zenon project: https://masternodes.online/currencies/ZNN/
Github: https://github.com/zenonnetwork

See contribution calendar at the overview tab:

Sometimes, you will have links that lead you to page like this one: https://github.com/zenonnetwork/ZNN-Node-deployer
So, you have to click on the link to zenonnetwork overview page, like the image shows.
IMAGE


Repositories page
https://github.com/zenonnetwork?tab=repositories
Insights
https://github.com/zenonnetwork/zenon

Then, you can check some tabs: contributors, code frequency, etc.
The data for Zenon is very little, so I will use the one for DASH to give you an example
https://github.com/dashpay/dash/graphs/contributors
To check more, you should visit their core developers' contributions:
https://github.com/codablock

Join date
Github changed so now you can only see join date at overview page of each account.
Before that change, the join date is display right under username.
Don't invest in coins that have Github accounts were very lately created. I don't judge all of them are scammers or bad developers but if you don't afford to lose your capital, don't invest in such newborn projects with newly-created Github accounts.





https://help.github.com/en/github/visualizing-repository-data-with-graphs/viewing-a-projects-contributors
https://help.github.com/en/github/setting-up-and-managing-your-github-profile/viewing-contributions-on-your-profile#contributions-calendar
https://help.github.com/en/enterprise/2.13/user/articles/viewing-contribution-activity-in-a-repository
https://www.vice.com/en_us/article/vb9v33/github-bitbucket-repositories-ransomware
https://guides.github.com/activities/forking/#making-a-pull-request

Nice instructions. I would just like to extend that people should look at other social media sites as well.
Check the Twitter page, take a quick look at the Telegram channel the project has. What kind of discussions are conducted there. Is it mostly spam, dreams of the project mooning and stuff like that. You can get a good feeling of the project based on the community that talks about it. What kind of information are the admins giving out?

Check out the website on http://whois.domaintools.com/
If it is brand new website, it's a read alarm.

Don't risk and download a brand new wallet on your computer. In 9/10 cases these brand new projects will rely on the Etherum blockchain so you don't need separate software wallets. 

More also, ensure to check the team behind the project before proceeds to invest with them. We have seen lately how the whole scam scene have been change by these crooks to get newborn investors trap into their project. Soon scam projects will pump up and these newborn will get their ass into their net, for those who will obey and read round the forum will be SAVE.

the problem with "copy coins" is that they are copying the "git" too which is basically a list of all the commits that the original developers made. for example in case of Dash you can see a lot of commits and contributors but majority of them are "bitcoin core" developers that developed "bitcoin core" not Dash. but since Dash is a fork (aka copy) of bitcoin core it also has all the historic commits (sometimes they also pull the commits from the original project).

Many of those users who invest in this archetypal pump and dump coins have so much more of them in their wallet, the ones that have reached rock bottom and they are waiting for a miraculous rise for them to sell them off, and also many that aren't even trading at all on any exchange, no one is buying, just sell orders. But they are still more than ready to jump into either investing in the latest ICO or carrying out tasks for them.
This projects aren't "traping" investors, imo, it's their greed and nonchalant attitude to follow the right process that ends up with them being trapped with zero value altcoins.

Not only funds but also personal information. Many new exchanges where new coins are listed also require KYC now.

Some of them don't even github. Even if they, some are closed for review.

For newbies, github is usually the last place they would check and most of them probably don't understand what is it for.

---

You know it's that time again when you see a lot of these new projects come out of nowhere. They will just mint their tokens on ethereum blockchain, create a new website, whitepaper that's most likely plagiarized and they're all set :D

Details in the guide of Github:
Pull Request after forking:
Steps to pull request (https://guides.github.com/activities/forking/#making-a-pull-request) (I update that one in the OP, today).

---

I did not see any project like that (maybe just because I did not see them). Nowadays, if one project is born without Github, it is very hard to scam investors. I know there are always stupid guys will be scammed with whatsoever scam method but for average-knowledgeable investors, if they don't see Github, they won't invest. As being said in OP, Github does not a guarentee at all.

yeah that's a feature or a problem with GitHub, it counts everything in forked projects too.
for example here is a bcash repository: https://github.com/Bitcoin-ABC/bitcoin-abc/graphs/contributors it doesn't even show that it is a fork of bitcoin core under its name (probably because they didn't click the fork button, instead downloaded and uploaded the whole thing) but the contributions are still there because they copied the git folder.

Even having rich Github profile with lots of activity doesn't guarantee that a coin isn't shitcoin - things like that can be faked by making useless commits, and you probably can buy github stars in the same way people buy like on instagram. Altcoin becoming more and more similar to hyips - everyone knows they are scams, but still keep investing in them, because they hope to "win".

Github is only one of the thing investors have to look at and consider before they make their decisions to invest or not invest in one project.

If investors see bad things on Github, stop at it. If they don't find bad things on Github, let's move to the other things. ANN threads, coin specifications, number of premined coins, ie.

luckily this is not a thing yet. and i suspect it is mainly because 90% of those who invest in altcoins either have no idea what github is and even if they did they wouldn't understand a thing of it, or they don't care at all about how active (or not) the github repository of that shitcoin is, instead all they care about is the pump and dumps and the profit they can make and an active github repository or a dead one is not going to change that.

Great thread. The chances are someone has studied the project before you find it, so I'm usually also giving the projects a Google search like this: "<project_name> scam".

Most of the time BitcoinTalk threads and other review websites pop up if there are any accusations against it and, if the proof I find on the websites is enough, I don't need to check anything else. Might save some precious research time :)

I doubt that most of altcoin investors care about technical things behind projects they intend or already invested in. Maybe they don't know about our forum but my topic was created to help people who at least spend their time to search and by any means they find our forum and they deserve to know how to do their own investigations on projects and make their own quality assessments on them.

I hope those investors will see my topic, which will help them.
Rely on works of the others (scam accusations on our forum) or any websites (reviews) is bad way. Because crypto is the one in which everything changes very fast. Altcoin projects appear everyday and you should never wait and depend on works of others to decide invest or not invest in altcoin projects. Their works can be right or wrong.

bump

Looking at a projects github doesn't always tell the truth behind a project. Stakenet is building stuff that has never been seen before, and to protect it from thiefs they develop parts of their project in private until release day.

They've been working on a Lightning supported DEX, and a multi currency wallet with Lightning Swaps. It's one big application, has taken more than a year to code, so it's no wonder if they want to protect themselves from projects who could potentially just steal their code, release first, and get all the attention.

I have seen a lot of updated projects working on Githubs but until finally they became shitcoin and died in this market. Even many projects have finished MVP products and test net but they suddenly disappeared. Obviously, we cannot avoid scam projects. There are too many scam cases in this market

Forget about Github, most projects these days either turn to scam or the coin become shit. Even those with working products are not left out. They will be around for a while and probably get delisted and turn out to be a scam. For the past two years, I have not seen any project that is doing wonderfully well in the market. Many of them are dead or still struggling. I currently join GYMREWARD project and I have been seen a message about how many of the team members are compelling people to buy their token and they were given them an assurance that  they will profit

No qualms about this, scam projects always take advantage of a surge in market to scam people of their funds but I think this industry most especially this forum has grown enough to know most of their tricks. Also, members do good research before investing in any project these days. They don't just jump in just because some people come over here to shill about it.

I have wasted too much space and evergy downloading new project wallet and installing them, most times, they just repeating what has already been in existing. I wonder why they don't build on existing projects than going through a long processes that will still have their project dead. When holding new altcoins, I sleep with one eye opened.

I think enough people post cant stretch enoug how team can scam even with github. I believe the team is most important factor for a successful project, Getting to know how genuine a team is and the track record in over 5-10 or more can determine the credibility. Sometimes the team can be disperse with different profession. They also need a roadmap with staggered milestone that help to monitor development. Group with one man is a warning sign for exit scam.

That's true. Majority of these projects are only trying to reinvent the wheel which isn't cool.  That is why it is recommended that we only invest in projects that have at least a minimum viable product and not just mere words on a whitepaper. The days of investing  based only on the criteria of how hyped a project is gone. Investing in such is the same as  engaging in gambling.  That said, if ever there would be a new way to fund projects like ICO or IEO, It would take more than just a whitepaper to invest.

The problem is that 99% are ERC-20 tokens, so they even don´t have any github release. You are investing into a utility token, the token that will be utilized on the website in the future. The problem is in 99% the website won´t be used due to no useful use, or they fail to competite with older and estabilished rivals.
Secondly, do not fall into a hype of exchange tokens, most of them have no value due to very low volumes on upcoming exchanges.  ;)

I would advise to invest in those altcoins that were able to list on some big exchange. This will filter all those coins that are still too risky. And don't spend too much time analysing the ideas. This is almost useless now. Better watch the graphs.

It's better to watch the trading volume of new coins and also information about the teams too, I easily detect fake projects using Google search on the pictures of team on websites

Better option, than investing investing in newly created projects without any certainty. At least when you loss any assets you make your own way to make any profits unlike investing in a project with no assurance of getting successful at all.

Thanks for the article. Russian translation
https://bitcointalk.org/index.php?topic=5231434

Ok. I checked it. I don't know Russian but your translation was welcome by your locals (good ones I know them). So your translation seems to be good. I gave you one merit for your time to translate it.

Thank you, zasad@

i got your point  . your right . so what if we loose ? but we already did our best though , to find a good project but we cant avoid the mistake or what we call badluck   . it happens sometimes and its normal but it is bad to know that you are loosing because of your own fault in which you didnt do your best to find a trust worthy project but instead your just randomly picky and throwing away your money  . its bad  because you look like your helping the scammer to grow more but you can instead help the legit one to grow and they can also over scams later on   .

This is very helpful information. This type of checking will define the project.
I usually check the project on their smart contract codes. I just found out, it turns out that checking the GitHub code is very useful. Thanks.

Yes, that's right, and not only is checking out the GitHub code project very useful, but checking out the team and their collaborating partners will also be very useful for ourselves, because these three things are among the most important points for hired hunters.

I suggest you read about them first before downloading their wallet, if you find out that the project consists of repetitive ideas from other projects just ignore, new altcoins are very dangerous, one can get burnt easily while holding them

the harder pary now is not only looking for a legit project to invest.
Even the legit project at first came to be scam in a long run once they think its time to run investors money. Fake and real identity is the smae if they want to scam people they do not care even they use thier real identity in it.

If the time of creation is what most investors look at, then it is not advisable to invest in such a project. The longevity of a project is very important, in order to avoid a pump and dump and at the end, after a very short while, most especially when the team have been able to sell their shitcoin to bagholders, it dies off, with no volume on the exchange. There are so many of them today. They do everything possible to attract investors and traders. We just need to be very careful.

We should really be careful on investing and even promoting them.
Great job OP on spreading some tips on how to avoid fake or scam project this would help us choose wisely on which project to support and invest.

Yes, a very correct suggestion, because every year there are always projects that are neglected because there is no progress, this is what requires everyone to read and find out about new projects that are made every year.

The aim of new developers coming into crypto space is making money, this alone is what makes new projects dangerous to invest in , and to say the truth we already have thousands of altcoins and I think it's far too enough, the choice is left for investors to make

The choice is not only for investors, but for project developers and altcoin developers also have a choice, because if the purpose of building a project is only to make a momentary profit, the project will not last long, and those who hold altcoin from such a project will experience heavy losses.

I know it is not applicable for all but if you can, I advise you to use a single computer for exeperience strange projects (downloading and installing their wallets on that computer is used only for testing and trial). You won't lose money on that computer. Remember don't log in your important accounts with money inside on that computer.

Anyway, if you can not have a computer for that, don't download and install wallets from strange projects is the best you can do.

Yes there are many existing coins and most of them has the same purpose or just a pump/dump kind of crypto. We have an option and that is to choose a new coins sprouting or the old that is already been here for years like btc and other popular alts. Its better to be safe by investing our money in a worthy coin and not likely be delisted in exchanges due to low volume.

100% agreed that most of altcoin that in circulation are shitcoins and only created to scam people,even how good they are in release and how supportive at first but sooner after a year or so?will come out the reality that they are just a copycat and will bring no future for investors.

thank you for sharing this as big Help for many prospective investors and even those who are already here that understand only small things in this market.

also this same reason why i only buying altcoins next to Bitcoin though i also gamble in some low value currency but only with small part of my invesments.

Yeah for the investors who knows what to look out for on github many have no idea what github is and what it represents, they only follow hearsay or all this social media influencers to make an investment decision,
Although, from my observations I think the period of crazy investment on alts have pretty much died down, compare to 2017, many newly lunched alts project are seriously finding it hard to get investors, hence the need for crazy and ridiculous bonuses.

There are always new newbies in the market, from years to years, we have them joining in the craziest bullish period. They are very important elements to help the market rising exponentially. The market can not grow well without new newbies but honestly I don't want them to be cheated by scammers. They can lose money by making bad entry and exit prices but losing for scammers, I hope NOT.

I don't say this year will have a new flow of capital into crypto market but maybe next year will we have and a new tide of scam projects will appear.

I know there are, my point is the way and manner it was in few years back has suddenly changed, people are no longer as crazy as before to invest on newly lunched project, rather they try to do research and ask questions before they decide to invest,
A good example would be the sudden death of ico, can you see many ico succeeding recently like before? It is because investors are less, people are more wiser now, even the so-called ieo are not exempted,
It goes to show that things have changed tremendously from what they use to be, I myself am victim of this shit coin, but not anymore.

Experienced will teached them a lot, newbies are more aggressive and most of the time wanted to invest without studying the projects.
With new invested money the market will proceed, so with scammers, you need to understand and not to allow yourself to invest with
unusable project it will surely burned your money.

Only some of old investors changed their mind and approach. And there are always new investors who will repeat same stupid invesments.
The death of ICO triggered the wave of IEO. That's it. And people lost money for IEOs, in particular scam IEOs.
In the future, we might see IDO, IMO, whatever new method to do fund-rasing. All of them are name-callings.
Even they see a good article or a topic (like mine), they don't care to spend time for reading and getting knowledge. They only want to have money, money, and fast money. They don't care about preventive strategies for their investment, that they can have from reading.

But I created the topic for someone who want to read, learn and need information to prevent stupid loses. Who need it will spend time to read and appreciate it.

Many scam altcoins are already available through bounty campaigns on this forum, almost 90% of the new bounties are scam, it's better to waste your time and energy on something real or that might still survive in the market than something dubious, to earn big we have to take research very seriously

and now the number of people promoting ico on the forums has dropped dramatically, because yes some people have learned and don't just promote new projects before doing research, yes even though there will still be people who continue to be fooled because
every year there will be people who join the forum.
so minimizing alone is very helpful.
Even investors are not too hopeful in new projects.

The forum does not manage any ICO or IEO as well as bounties but there are trust, feedback and flag that can be used for investigation before you invest in any projects with ICO or IEO. Projects that have ANN threads here and have negative trust, negative feedback and active flags are not the ones to invest.
Partially, it comes from the fall of new ICOs, IEOs projects this year and recent months, respectively, not only because of bounty hunters on the forum. Bounty hunters mostly don't care which type of projects they promote for. Bounties mostly require easy tasks. I would not go to bounties, definitely, if I don't see a good campaign, I will leave me signature space free.

There are so many projects that commit fraud like this, but professional investors will always be vigilant before investing in a project. Investors will always check their background, so they don't get caught in the trap they make.
investing in cryptocurrency is fraught with risks, if not careful then your money will disappear. So make a quality investment, not with quantity.

Checking background of projects, team's past projects/ achievements, github pages, etc. is must-thing to do.
Professional investors definitely do this and they do know where and when to be greedy, and vice versa. Being greedy is not too bad but investors have to know when to be greedy and where to spend their capital for future profits.

I think professional investors will not just invest they will look for the best project and see some serious partnerships with big companies so that it can convince professional investors to do so.

And what I know is that investors will make large investments with new projects that are only IEO in large exchanges such as the example of Binance, Huobi, Gate.io because the profits of investing there greatly fold up to 10x after entering the exchange.

It is very different if one want to invest or trade. For investment, sure they have to make in-depth investigations before spending their capital (if they are professional investors). For trading, they can only base on chart and price action to earn profits for their tradings but they also can do both, charts, price actions, and in-depth investigations. It is better if they can do all of those stuffs but for trading being too much careful might requires too much time and result in opportunity missings.

IEOs originated with big exchanges (and investors earned profits from them) but later on small IEOs are mostly scam. That's very basic in crypto, from ICOs to IEOs.

good catch, this will make it easier for us to know how new projects or tokens work. this information is enough to help me to always observe every new project that arises. more than that I think we all know that an important role in a project is dependent on the developer's reputation and the performance of the project team itself.

Checking out github is the fastest way to detect scam projects and others like team members and use cases follows too, but github says it all, very good post 👍

It is really a job well done to post the fastest way of determining scam projects in the Altcoin section because it is really too difficult to check every project you will see one by one to see if those were legit and payable. Well at least the OP have found a way to easily point out or extract those scam projects from the good ones. But still doing prior observation, and thorough research after extraction will still be the best thing to do to add the assurance that you will be going to engage into a good and wholesome project. OP have provided us a new knowledge that we can use to make checking of projects faster to determine potential projects that are good for engagement such as doing bounty participation and if there's a chance, doing investment as well. So it is really in need to better know the project to avoid regrets in the end. This information will be useful at this point of time until future usage.

Because you mentioned about Bounties, it is good to focus on bounties that are managed by professional managers. They mostly reject scam projects but as always it never is good to totally rely on the others' works. Do it yourself and take care of your capital.
Before checking github, you can think of something like "If something sounds too good to be true, it will be better to stay away from it". Personally, if I see something like that, I don't want to spend time to check more.
Your first practice (first investigation) takes lot of time from you but next ones will cost you less amount of time. The more practice you do, the less amount of time you have to spend for each.

it's true, Github is something important from a crypto currency project, besides Whitepaper and social media or community, Github becomes an important role, because project work will always have a source code, and will be stored on Github to be proof that the project really works , before investing it is better to look in terms of Whitepaper, Community and Github, hopefully the altcoin season can soon be realized

Here come altcoins season again so this thread is a good read to take all precausion for any new project pop up in this time.

Almost all telegram channel I came across spread dreams of project mooning, you can't condemn a project because some wishers are on their channel, the reason why people invest in projects this days is for Mooning, Skyrocket, or altcoin season, they believe they can make huge profits and once in awhile that dream do come to reality.

Last 2 weeks, more and more crypto websites release articles on DeFi but in this post I only want to give you a warning notification that DeFi projects or non-DeFi projects, there are scam ones among them. To avoid getting scammed, you can apply my tutorial in OP.

DeFi trend can help you get profit for your investment if you wisely choose good projects and good entries. If you won't be able to do so you will end with bad endings.

For crypto investors who have never witnessed a trend by themselves, it is a time to get experience (from their capital, profits and losses) but remember to be as wisely as possible and minimize losses.

Lack of activities on github can reveal what was planned for a project, that's true but not always, projects can still turned scam even if their github is active, some projects appeared to be so legit enough to fool anyone, they keep github active to fool people who belief that active github means something good, Scammers have different set of levels

It is given that every time there is a successful project there will be a clone of it no need to look on github the Anne threat shows it all even the white paper sometime is a copy-paste with a little revision on it, some scam project will be too lazy to even make a presentable website most of them will just use what it is already on it and add a little text on it, Defi or not has the potential to be a scam.

Not all people are tech gurus and my topic only gives a tutorial to quickly glance at Github for checking activity of project developers. If you are not a tech guru, you can not assess quality of developers' works.  ;D
Smart scam teams know how to make an interesting and beautiful whitepaper and don't plagiarise. You are right that most of scam projects have plagiarised whitepapers but it is not always true.

It is basic to say "Don't trust on anything that claims to good to be true". If you are still curious and have time to investigate, do more on ANN thread, Github and so on.

It's not all of projects were updating their activities through github and there are so many platforms who have been privately developing the product. It's better to see that from the product that has already developed. we can see that from the functionality of the product itself.

we need transparancy from developer team about their development. we spend alot our money to them so its be their obligation to send developtment progress. and github could be the media between them and us , this is be indicator how they work to realize all plan.

DeFi is overwhelming recent weeks but scammers are only waiting for such hype wave to release their new scam projects. Please read my OP and I wish all best for you to not get trapped by scammers.

See some threads on DeFi that aims on scam DeFi projects
Top 10 DeFi projects (https://bitcointalk.org/index.php?topic=5269687.0)
DeFi scams [history] (https://bitcointalk.org/index.php?topic=5268573.0)

Exactly having to check the source code first, DEFI projects are often very vague about project identity and source code release. Farming projects are blooming and often copy the source code of previous projects. If you have difficulty viewing the source code, consult the blockchain developers who can help you answer your questions.

The tip of the scam iceberg is easy to recognize. The name of token is kind of common trend used by scammers. Check their project's roadmap, coin or token specifications, total tokens own by creators, and activities on Github.

When you check activities on Github, it is the time you move further to dig deep and investigate their projects. Sometimes, I don't check Github because it is enough to realize their scam methods at beginning.

Many bitcoin forks, many swap DeFi, many delicious tokens. The later created tokens are copy cats from source codes to names. Forks from source codes, and fork from names. Scammers are stupid and they only be able to reproduce works of others, with very small changes.

Crypto market is crazy during the past few months. DeFi projects are everywhere and not all of them are newborn DeFi projects. Some of them are dead projects that borrow the DeFi name and swap their dead coins to ERC20 chain and use the DeFi names to try attract new investors who don't know origins of those dead projects and steal money from those greed investors.

The steps in OP can help you to check out development activities of dead projects before they swap to DeFi. Don't believe in their promises, look at their development activities instead.

Quite true. If you look thoroughly on their whitepaper you can now barely see if the project were a scam or not, if it happens you spot some plagiarized content then there's a high probability that it was a scam, and be sure to stay away from it. Their website could also be another way to tell if the project was a scam, I am pretty sure you can tell if the content of the website was legit or not. Websites also contain the developers of the project if it happens their info was missing that was definitely a scam and based on my experience I've seen several projects like that, they eventually made an exit scam. But yeah these are just simple ways to determine the legitimacy of the projects, if you still like more in-depth investigation then try checking the progress on Github would be better.

You can check Github manually or you can make a quick search with CryptoMiso.com (https://www.cryptomiso.com/)

The website gives you 4 options: past 3 months, past 6, 9 and 12 months to check Github Commits of 300 cryptocurrencies. There are projects from years ago, past bull runs or since 2019, 2020.

Some old altcoin projects are still actively developed with good Github commit numbers. Top altcoins in last 2 years will be tested in this bear market and their activities in Github will decide their projects will get new all time highs in 2024 - 2025 bull market or they will be forgotten in next years.

Are we in an altcoin season?

It's a Bitcoin season (https://www.blockchaincenter.net/altcoin-season-index/)

I will wait for a Bitcoin bull run in 2024 to buy altcoins and I planned to do it in early months of 2024, not in 2023.

Today the market is very Green and many altcoins have big jumps but are they good and safe to invest your money in?

Check their Githubs.

Gainers / Losers list (https://coinmarketcap.com/gainers-losers/)
Trending Cryptocurrencies list (https://coinmarketcap.com/trending-cryptocurrencies/)

I will not invest my money into altcoins in trending list, top gainers list if their Githubs are bad.

I've heard this few times before, and I can say that it's not always true, Bitcoin dominance is deceeasing but remember that some altcoins won't create a new lows when they are release in the market, they might never go back to their past lows again.

I remember in 2022 when Kaspa was trading for 0.007$ and today it's 0.023$, even when there is fear in the market, Kaspa never go back down to that price again, few altcoins will do the same, I have some on my list that I keep waiting for the past lower value of 2022, they never go back till today.

Altcoins don't fall in bear market are very rare. They can be new altcoins that are creating hype and FOMO or they are very good altcoins with good developments and can build very attractive products in bear market.

I am not sure I can find those altcoins and I use a safe approach, don't touch altcoins in bear market.

Kaspa was shilled a lot before the collapse of Terra and I remembered I saw many tweets from CarltheMoon about Kaspa. He tweeted and had videos with a guy who invested early in Bitcoin and they tried to shill that Kaspa can be another good investment like Bitcoin.

I dont we are at alt season right know,

maybe next month is altcoin at very peak according to this

https://hackernoon.com/images/8MB72fZOFSN4SVzWvKfS5fyiuGq1-jheo3h3c.jpg
- https://hackernoon.com/trading-altcoin-hype-cycles-a-deep-dive-201v3ya9

Tho Scam project will never end in fact scam industry will never end. That is why DYOR is needed before investing

I knew we are not in an altcoin season which usually follows a Bitcoin season like one month after a Bitcoin season.
It's a Bitcoin season (https://www.blockchaincenter.net/altcoin-season-index/)
[/quote]

Looks interesting and I did not know about it.

The diagram looks like a Electrocardiogram (ECG) but it makes sense from my experience with cryptocurrency market. I will look at their methodology to understand more about the diagram and how they came to that conclusion.

Yes  ;D and when you take a look at the chart sometimes it does follow that pattern even tho is not highly accurate  and then here some other info too

Too find altseason BTC.D Decrese BTC price increse and altseason is coming