I think that nowadays it's a lot harder to identify a shit coin than it was like 4 years ago. Marscoin, Leafcoin, Quarkcoin I still have them somewhere. They were Utter shit coins.
I actually lost money on Quarkcoin because it was promoted by Max Keiser. I thought he was trustworthy. I was a fool.
Now all the shit coins have amazing websites and white papers. It's really hard to say this project is crap and this project is good.
I like Bitcoin, Ethereum and STEEM. Bitcoin and STEEM I like because I use those a lot. That gives them value to me. Ethereum I like because I have faith in the Ethereum Foundation and see a future in Dapps.
Thank you for your post.
if the whitepaper reads like a marketing doc more than their technical intentions, that is a good sign it will be at most a hypecoin for awhile.