The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.
your thoughts
This is also common with generalizing human beings. Where you see a few bad persons, we tend to generalize everyone there as bad, not minding the fact that there still exists some good ones there. Same thing is also applicable to Alts. A lot of people often tag all alts as scams. Well, I come to realize that such persons need to be exposed to what altcoin really is.
in fact there are still altcoins that have a good impact on their platforms, so actually not all altcoins are bad. but because of the bad dominance of altcoin because of new projects, people assume that. therefore we must open our eyes more and generalize more on good and bad altcoin.
more precisely is a market situation that makes the bad conditions of altcoin more visible. as you said, some projects run their platform. some updates have been made but it is the altcoin market conditions that do not yet support that makes many altcoins difficult to develop.