I have seen many reviews about the current new altcoins. Most of them are marked as worse coins with cheap prices, while the rest coins are indicated as scams or shit-coins. I rarely saw people stated that new altcoins are worth for investment or trading nowadays. However, new altcoins are always born from ICO, STO or IEO every month.
So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?
*Warning: Sorry if these questions are ever made by someone!! I never copied or got an idea from others. This is my own opinion.
Maximum new coins are either shit coins or scam in the last 18 months. Only a handful turn projects are real and success. Investors are interested in new coins for basically discousts which they get from IEO, ICO and sell them when it is listed in exchanges. They only invest for short term and leave after selling tokens. Maximum developers copy the past few tokens either it is succeeded or failed.