According to Mihir (@RhythmicAnalyst), the profitability of a cryptocurrency should not automatically classify it as a 'shitcoin'. This statement emphasizes the importance of evaluating cryptocurrencies based on their market performance and utility rather than preconceived notions. Traders should focus on the underlying value and use cases of the coin to make informed decisions. As profitability is a crucial metric for traders, it is essential to conduct thorough technical and fundamental analysis before classification. (Source: Mihir, Twitter)