Altcoins can be profitable, but they come with higher risk compared to established cryptocurrencies. Research thoroughly before investing. This is not a financial advice.
Altcoins are not totally risky like the way some people think, if having the right mindset before investing then it seems you're ready to withstand any challenges and take the risk, why view altcoin investment for long term especially new tokens, this is a wrong mindset that needs to be changed. You have a very short point and with this points you cannot convince anyone to stop investing in altcoins, a lot of investors here get involved in altcoin investment and it doesn't necessary mean choosing altcoin investment is a wrong choice but the question here is how sure are you willing to undergo the risk and loss.