To me, if someone has no knowledge and is not willing to accept losses but still deliberately invests in altcoins with the idea of getting rich quickly, they need to receive a proper lesson. I won't feel sorry for those people because life is fair and they need to realize that everything has its price. Don't think too simply that they don't need experience or knowledge but always want to be on par with people who have knowledge and spend most of their time researching everything.
If there were no challenges on the path to success and success was too easy, everyone could succeed. Is it unfair for those who constantly learn and constantly try while many people do not want to make an effort but still want to succeed? Investing in altcoin or any field, when you fail, you can't blame them, but check yourself and know where you stand.
If you invest without good knowledge with the aim of just getting rich in a short period of time, it seems like it's the same as losing money in style. Because in my opinion, profitable investments are long-term and with the knowledge we have, it more or less determines the future. So it is impossible to rely on fraudulent investments in the hope of getting rich quickly, because even this is not magic that will suddenly change the situation for the better it is very unlikely.
To be successful in terms of property, wealth or money, of course, we must have a process, where the process can be said to be a sacrifice whose purpose is to produce a positive right such as profit. Not only with investment, with other things such as business, in my opinion, it is the same, when the things we do fail, we must be able to introspect ourselves by correcting where we went wrong and fixing it so that it does not happen again in the future.