Because they all are noobs to this industry and does not aware much of Cryptocurrency and coin they think anyone can make and run the coin and earn good money with it so in the greed of making money they create coin and most of them just fail.
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I think you are new to this market and do not have much knowledge about this market. So I will recommend you to first learn about trading more and you will understand all the things and I will recommend you to start trading in USD pairs in this you will have less confusion in trading.
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As the market is moving now and the coin market cap is already increasing I am sure by the end of 2018 we will see huge growth in both bitcoin and altcoin market.
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Do not purchase or do trading on someone else recommendation because most of them are also newbies here its better to learn yourself first before start trading and you will know how to trade and after that you will also be able to select good and bad coins.
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LTC and ETH are both good coin and I have both of them in my portfolio but if I have to select one of them I will select ETH as is much better then LTC because the world is using ETH after bitcoin and also most of the upcoming coins are using ETH technology.
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I always read the white paper of any coin which I am interested in buying or the ICO because after reading the whitepaper we get all the information about the Coin/ICO and it helps to choose the coin.
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The only disadvantage I see in Altcoin is that it affected with the movement of bitcoin when bitcoin goes down Altcoin also get affected with that and when it goes up they also get affected with that.
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This is crypto and here you will not loose till you sell in the loss. Patience is the key to success here. Hold tight and earn good panic selling is the reason people loose in this maket.
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Most of the coin which I am holding are either at Hitbtc or Binance and I am only trading on these 2 exchanges at this time I have traded on bittrex also before but now I am doing on Hitbtc and Binance and they are very good exchanges because most of the new coins are available to trade on these 2 exchanges.
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The first thing I do is wait and hold the coin because if the market goes down it will come back again so the best thing is only left to do is hold because selling in loss will not be a wise decision.
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It's a risky thing you can lose there also and earn big also but for that, you need to learn to read the candles first. There are many good videos available on youtube regarding candlestick learning so better to learn first then try your luck
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All 3 are the very good options to buy and I will recommend you to buy all of them if you can because all 3 looks great and can be very big in the future. If you want to select one of them then I will recommend Ethereum.
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It was down some days before because the whole market was going down with bitcoin and because of that Ethereum price was also affecting but now as the market is stable and growing up so same Ethereum is doing going up.
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At this time I am holding NEO because I am seeing a huge potential in NEO in the coming time because its a very good coin and expected to grow huge.
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Yes I agree with you this can happen because most of the bounty are getting scammed now because of ICO fails or Scam and the number of participants are also increasing in the bounty so funds are getting lower and lower so this can happen in a year or two.
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With the involvement of bank with ripple coin, it looks like yes that ripple is the currency of future because we all know that if banks get involve with something it gets sure success and it looks like same will happen with ripple.
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This thing happens with most of the newbies because they are not much aware of trading they purchase the coin at the moon and think it will go to sky and what happen is correction because after increase a lot in price most of the coins do correction and newbie get scared from that and sell that coin in loss so best is to learn about how crypto market moves before entering this market.
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Best Altcoin for me is Ethereum because after Bitcoin the most used coin on this Internet is Ethereum and its a very powerful coin and most of the ICO are also using the blockchain of Ethereum.
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It looks like yes because after a long wait and a downfall now market is in a good position and moving up from last 15 days or more so it looks that the green days are started and now we will see the moon again.
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Ethereum is now moving around 700$ I think its the best time to buy Ethereum now because it looks like it will go to the moon again as the market is moving.
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