Maybe at early phase of our participation or investing on crypto since somehow there are lots of misleading information we could read online like we easily get rich if we invest on that particular shitcoins or they tell that this shitcoin will be the next Bitcoin. That situations bring false hope to newbies that's what I experience before I lost lots of money because of those shitcoins and other misleadings information they used to attract people to invest with it.
But hopefully those newbies could get out immediately on wrong decisions they have done and could able to think about that there's none of those shitcoins are really the best to invest aside from Bitcoin. I always feels like the more we invest on shitcoins the more we are close or one step closer to get broke especially if there's situation that a massive rug pull will came and we are not prepare on that situation.
Only someone that is looking for a means to get rich quick through Crypto would believe that a particular shitcoin would be the next Bitcoin, it would be quite difficult for any shitcoins to attain the height of Bitcoin, most of these layer 1 alts are even finding it difficult to get to a quarter close to what Bitcoin has gotten, most if not all of them depend on the growth of Bitcoin to grow so thinking any shitcoins or new project would do better than Bitcoin is very delusional, I'm not against anyone buying shitcoins though it's their choice, and their money and their lose when they eventually do, anyone can do whatever they like with their money afterall even though it means taking huge risk but the right thing when it comes to investment through Cryptocurrency remains buying and holding Bitcoin for long-term. Newbies are very prone to making wrong choices, some due to ignorance some greed but in general they'll all learn from their errors and still acknowledge Bitcoin as the right option on the long run cause investing on shitcoins is very risky and in most cases yield more lose than profits.