I am often skeptical of the cryptocurrency market because cryptocurrency has neither a worldwide community nor a rule to make coins, so my faith is not more than just 10%. This is because 2 3 Coins of the same name can also be made. Ho and no one sends you any legal notice or banner and if 10 projects come in 1 month, then 8 of them are fake, if this problem is not solved then trust in this market will not increase...
Indeed there are no rules guiding creation of tokens on the blockchain and with smart contract successes of etherum, tron and other blockchain we have over a thousand littered projects everywhere on the crypto currency charts ; but that doesn't mean they are all fake. As an investor you should see this as a hurdle not a problem, if you can select the best projects for investment with proper researching skills, trust me you will enjoy your involvement with altcoins. But first you have to dyor