I have mixed emotions with the current status of crypto as I see a lot of bad things happening right now. If you check the ANN thread, you will probably see 20-50 new coins coming out each day and most of it are copycats and if worst, a scamcoin. 3 or 4 years ago, it was heaven or at least most of the projects created back then were successful.
This year was the most worst for icos. most of them are just a scam project that was want to collect money and disappear. Last year is a good time to earn big but this year I struggle to earn some money. most of tokens are just a shit tokens that has no value at all.