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
I agree. Not all projects that offer new sets of Altcoins are bad because there are still good and reliable as well as legible projects out there. Let us not generalized that all Altcoins are bad just because of the recent happenings that involves most projects that turns out to be scam or a failure. There are still decent projects that have good intentions and aim and are just waiting to be discovered and noticed. But because people tend to be afraid because of such generalization, most potential and good Altcoins are being affected and suffering which turns out to be failing even if they have such good ideas and aim to help people specially for the sake of the bounty hunters out there. If we keep this wrong mindset, we can turn out to be killing those potential Altcoins. We must delete the past and just let it be a moral lesson to be careful and mindful to be observant and check if such project we join is legible or not. There are good projects out there that are just waiting to be observed so we must not put bad generalization about Altcoins because if there is bad Altcoins, there are still good Altcoins. We must not enclose and embody that all Altcoins are bad because they are not.