With what I can understand what altcoins are now wasn't what they were before, it was more productive, more realistic and made getting on board cryptocurrency more diverse you don't always have to base on Bitcoin.
But the problem now are different. Everywhere is filled with altcoins the more populated it becomes the More exposed it is to drop in utility.
While all this problems are happening to altcoins we also can part of this issue. Shielding, advocating and support project that are clear to fail for any financial gain or so on.
By standing with those sort of project you can
+Get investors scammed or regret why they invested
+ Lose your credibility as a cryptocurrency enthusiast
+ Make the altcoin sector become a total joke
And many vices.
Let's become more responsible with our action for a good course
That is true, promoting any scam project can reduce credibility of any crypto enthusiast but the prime concern is how to identify the scam projects. Every scam project poses as worth investing in the beginning, a good team, a good roadmap backed by a good concept, it attracts many investors and then run with their money. There must be some regulations to stop these scammers. Noone wants to promote a scam project but identifying it is a big concern always.