the altcoin market is right now not manageable... too many trash coins, too many people who wants to earn money on a easy way...
Exactly. So the simple question here is: in 1 year, will KittehCoin be remembered as a trashcoin or will people ask "What trashcoins? I just know I can use KittehCoin for [many useful things]"
the thing is now to find the right color or right number like in the Casino.... we all gambling....
If purely choosing what investment (in the form of mining or in the form of money) to make, then sitting back and hoping for the best: yes.
The important difference with cryptocoins is that you have
influence. We all have influence through promoting, developing, making the coin grow, getting it adopted. Try that with roulette. "Friends, family, social networks: gamble on number 23!" But alas, 23 will always have the same chance of winning.
Cryptocoins can be a casino if you treat them that way, and currently almost everyone who does is on a loosing streak. But they are so much more than that.