When people saw the value of Bitcoin, they also created various altcoins. Some people who make a profit from investing in Bitcoin will also choose to invest in altcoins.
In such a messy market, can we still allocate assets to cryptocurrencies? What should be done with altcoins?
We can't do anything with altcoins, there is no ban on creating new coins/tokens. Good projects will attract users and will survive. The garbage project will of course soon market layoffs. Anyway, the crypto market is flooded with scam projects, low quality projects,... and has no limits. Your job is to find high quality projects. It's not that simple!
You job is to sort it up and classified which is which, or if you are willing to gamble with fate and you can risk some spare
money that you have.
Very dangerous but it's a matter of how good you are playing around, it serve same a like with gambling, if you are ready
to lose but with high hope to gain huge amount of profits.