The thing is, some people are searching for their luck by risking in new projects expecting that it could reach better than what top coins have achieved for years but I certainly agree that top coins will always be the best pick especially if you seek assurance. Some coins these days are just being hyped but still got no future so better be sure than sorry.
Yes, and as much as I'd like everyone to just crash and burn, every few times now and then I think we should also try and bring them back to the path of least pain

I do understand that people have to learn their own lessons too. I sure did and I'm sure many others did, they say that you have to lose your own money to understand or appreciate what it is all the hard work behind it.
Maybe if more people started doing this less people see the 'false promises'.
I certainly did, not only did I invested into things that went low and crashed so hard that they never recovered, but I also lost money in crypto companies as well, from cloud mining companies to exchanges to gambling to many other places.
So, I have to say that I learned my lessons the hard way, and now I am making a good profit, even though the price dropped a lot, my averages are still quite low and I am feeling fine about it. This required me to lose so much money, and because I didn't hold it, I ended up missing out on so much money as well. It requires a bit of time to become like this, I am sure eventually everyone will reach this level.