the problem is that they have been creating garbage and people have been buying that garbage at an extremely high prices and then they complain why the price of their bags of garbage comes down gradually!
in this process these "devs" become richer and richer. as a result, it attracts more lazy devs to create more garbage to sell to the same people!
its really unfair, investors are taking risks i think these kind of devs should be dealt with to stand as an example for those who have evil thoughts of using blockchain
no, investors are gambling and that is what they get.
if they spent a little time researching the projects they wouldn't have lost any money. and by research i don't mean checking the website or the ads. i mean actually looking at the code, using the coin to see what it offers
differently and a lot of other things.
Agree investor are gambling way how to earn profit with ICO and IEO coin because they faced with two option lost or get profit with investment, when you try gambling site you only have two ways get profit by win and lost your money if not lucky, by investing in IEO you take risk with get profit but have ready when your altcoin investing is not profitable with lower price after listing.