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.
It cannot be denied that most altcoins are actually used to scam investors who lack knowledge in this industry. Because shitcoins are different from crypto used for illegal things.
This is because sometimes the problem with others who deliver words here on the forum platform is that the other terms that are being delivered are wrong, as if the former is the bad thing about cryptocurrencies. But it is not defined how it became shitcoins compared to legitimate crypto. That's why if you're a newbie here on the forum platform and don't know anything, you'll think that crypto is ugly because of the terminology that some say here.