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.
to be frank even i dont know why investors invest in new projects where there no transparency of who the them is , and what they are developing after some days those devs scam and close everything and start new scams , at least we should consider is it worth to invest in those projects falling again and again in scams is foolishness
It is the fault of the investors themselves that sometimes they are in a hurry to start investing and easily believe what the team behind the project says and then start to invest in it, especially for new people or new investors who join their cryptocurrency will be very it is easy to invest based on what is given or said by the people or by the team behind the project.