Cryptocurrency is developing. A lot of good projects appear. Investors became much more experience.
And on the new hype many new projects , inexperienced investors and new scammers will come. That's new cycle.
I agree with you but only partly. Many investors have already drawn conclusions from the situation of 2017 and will study the projects and what they offer more closely. I think there will be less scams or they will be more disguised.
The emergence of fraudulent projects will surely be repeated, and inexperienced investors will come across them in order to gain experience and develop further in the search for good projects.