The problem of new altcoins that they even dont have personal blockchain all use etherium erc20, and because of that they are just like clones.
That is not true at all.
STEEM
NEO
XVG
Are just 3 coins with its own blockchain.
And I have said it before, and will say it again. Nobody "invests" in coins. If you think you are making an actual investment, you are a fool. Then again most people tell me they bought ETH or BTC at x price and "down" x percent. How much did you buy I ask? Usually I hear $50, $100, $200, etc. So I am not sure what they are complaining about. The fact they thought they would buy $50 of BTC and become a millionaire, or if they lost $10.