"There have been plenty of cases of people shilling all kinds of obvious shitcoins that fail or Ponzi schemes like Bitconnect, yet a month later, it is like all has been swept under the rug."

This is why I think it's important to study history instead of watch the news. When you watch the news everyday they make it seem like what happened today has never happened before, but there are very few things that haven't already happened before (wars, market crashes, elections, and the like) and by studying history you get a better idea of what to do than reacting mindlessly to it. Same goes for Steemit and crypto.