Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Now Im afraid to invest for the very reason that almost every day I come across fraudulent projects. And my friends say the same thing. There are already a lot of them and they continue to deceive people