As an investor, i did a lots of invest in altcoins. Those were suppose to be good that time with having good hype, good team and community. But with having all of thats, most of altcoins scam after a time! I wonder for some altcoins, they were suppose not to be go but they scammed without any reason! And hundreds of altcoins are in my wallet, which are turn into dead shitcoin now.
You are not alone, I have a ton of tokens, of which a huge majority of the project is dead. However, understand the difference between shitcoins and scams. Shitcoins aren't always scams. It mostly happens to be shitcoin when the management fails at managing/implementing the project, or something takes away the utility of the token. Scam on the other hand could be you investing but never getting your capital or your supposed gain amount
That's very correct as their is this massive misconception in the crypto space that all altcoins are mostly shitcoins which is obviously false but their is a massive audience that believe all altcoins project are scam project but most times scammers are also to blame for this, they tend to use some altcoins to even scam people that are naive in the crypto space and I have seen some of these scam as I was even target with one of their scam to a particular project that seem legit but have been used otherwise by this so called scammers.