Common things I found in Alt Coin Sub-Reddits
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I had some free time this weekend and what better way to spend it than browsing alt coin subreddits! I won't name any by name, some are very highly regarded, others are considered "popular" trash. However, regardless of perception, I did find many common characteristics:
- BTC/ETH are old generation, the subreddit's coin is innovative, providing real utility and is therefore, the future.
- The devs behind the subreddit's coin are the best devs in all of crypto. Their track record, funding and interactions on socials are a clear confirmation of this.
- Regular price prediction posts stating how early everyone is and how they are all going to be astronauts. To the moon!!! ????????
- Minor successes are exaggerated whereas all the flaws are suppressed. If any kind of concern is brought up, the post is downvoted to oblivion.
- Everyone is recommended to buy and hodl.
- The coin is the most undervalued project and deserves to be in the top 5, hell it should even surpass the marketcap of bitcoin!
Let me know if I missed anything. Feel free to add it below!
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