Quote from: Y3shot on Today at 07:33:46 PM

Making quick profit from altcoins has also be a reason why many lost their hard earned money. And this mindset of making money quick is a big problem to beginners. Some altcoins are profitable if invested but having so much expectation to make money from altcoins can make one to lose mich. Altcoins are very really risky to invest and are very unpredictable which you can't tell if you are investing a scam project.

This is a necessary cycle for a beginner, lose your first deposit. If this mistake does not teach you anything, it is better not to invest in cryptocurrency. Many people can really give money to scammers or invest in a dead project after hearing about it from youtube. But with time comes experience and patience, which will eventually bring profit.