Which is why many fall victim of scam projects and shit coins.
actually you are wrong. Patience is the reason why so many are falling victim of scam projects. they are fooled into believing that if they buy and "bag hold" but call it patience then they will make a lot of profit. whereas in reality they are bag holding and losing money as prices continue to fall.
altcoins are mostly pump and dumps. when you buy into the pump you must sell before the dump begins or you will end up losing 80% or 90% of your investment. just ask thousands of newbies who have been losing that much in the past 9 months because they had "patience"!
While i want to believe your thoughts still I disagree on the idea of parient is the reason of being scammed,OP clearly says that we need to study well the project and the team behind each one we will be choosing to invest meaning we must be responsible for our failure because theres alot of ways now to find the legit and scammy project and if you still become a victim them you are more careless than anyone.