The world of digital currencies is growing exponentially, with new altcoins being created all the time. While some may be novelty coins with little genuine value, others may have unique features that make them more useful or desirable than traditional fiat currencies.
It’s important to remember that not all altcoins are created equal. Some may be more stable and have greater potential for growth than others. It’s also important to be aware of the risks associated with investing in altcoins – some may be unstable and have low liquidity, meaning they’re difficult to trade.
You have forgotten that many altcoins are created for money grabs, there are also lots of scam altcoin that is created solely to scam people of their money. Many also ride the trend just to have a pie on the investors that are pretty interested on the current trend. It is indeed very risky to be involved in altcoin that is why we need to do an in-depth research but sadly the fear of missing out always gets in the way in investigating the project much deeper.
That said, there are a number of reasons why people may choose to invest in
I don't think there are numbers of reasons why people invest their money. There is only a single reason why people are willing to invest their money in altcoin projects and that is to get profit. Nothing more, nothing less.