Most companies fail but I think the rate is even higher when it comes to coins.

Max Keisers opinions matter and I remember following him in the earlier years of Bitcoin. A lunatic like many other cryptocurrency enthusiasts and like every other investor serves his self interests and you shouldn't listen to analysts, creators or biased investors when it comes to investments unless you are knowledgeable enough to form your own opinion based on what they say. If you take investment advice from anyone else it is always your mistake if it is a losing one.

And if you don't agree with that then ask yourself who's taking the loss.