You'd be surprised what people invest in. Shitcoins will be invested in, this cannot be stopped.  True fomo has not hit the public yet, the current Bitcoin run has been artificially pumped by institutions,  once the real FOMO sets in by the retail investors then altcoin market will flourish again. You see, people this time around are a little shell-shocked from the previous bear market, a lot of them holding the bags still. But once the alts get cooking and  bag holders gain that confidence human nature will kick in and they will buy more which will result in huge alt coin spikes. And when that happens bear market will be around the corner.