And what that make me! I am also BTC optimistic and came to know the strategy of such shitcoin projects of collecting funds. Because i used to work in bounties and many projects promised that they will do that and this but at the end. All they do is go away with all the investor's money.
I also tried my luck with some alts but it didn't go well due to less knowledge so i left it. I totally agreed with your point of gambling chips because shitcoin really are one. I have seen people making hell lot of money and at the same time in the same projects people are losing hell lot of money too.
I have never been in a bounty campaign, but in my beginnings I was also inclined to experiment with various crypto projects, although my focus was always on Bitcoin. I can't say that all these projects failed, but let's say 90% of what I was involved in no longer exists or is practically worthless with some exceptions.
On the other hand, I remember the price of BTC of only $200 and the possibility to collect the same in just a few months of using the faucet (1-2 hours a day max) with a note that back then faucets were much easier without short links and similar nonsense that they are full of today.
When you say that some profit and others lose money, you can conclude that the majority's loss is the minority's gain. It doesn't seem ethical to make a profit in such a way that you have to mislead someone else into investing money in something that you already know in advance will fail - but I mean in general that whole industry that actually sells a bunch of false promises and always targets the poorest who just want to make money no matter what.