Trading alts is a very dangerous game. If you have no inside information, you will lose a lot. 99.9% altcoins are scams. All the market cap of alts added up is less than of bitcoin.
lol it's not 99.9%, maybe 75-80% but not that high.
Yeah I agree, there are plenty of coins that have been established for years. I also agree it's not really profitable if you don't know what you are doing but it's fine to make a quick buck. I wouldn't recommend going all in.