We all invest in projects hoping to make a profit somewhere down the track.
Have there been projects where the initial value of a coin ended up being higher than the value of the coin 18 months after its launch? OR can we expect 99.99% of projects to make some sort of profit, as little as it may be in the long run?
when you talk about "long run" you shouldn't only look at the start and end price. you should instead look at all the mess that is going on in the middle too.
an investment is profitable as a long term investment only if it gains value over time in all that 18 months.
but when you look at all these altcoins (majority of them) they have been falling, have a tiny pump then fall, and suddenly in past 2-4 months they started getting big pumps.
in short NO they are not profitable in long run but they are in short.