Some people enter the world of crypto just for profit. Whether it's investors or bounty hunters. Yes, they don't care what happens to the research and development project. If there is good news from RnD, then it is a profit because the price will definitely go up. In addition, RnD does take a long time to see results, and will certainly continue at any time. If the OP sees that nothing has changed, maybe the next 5-10 years will feel the effect. Slowly but surely because there is always trial & error.
In my opinion, only 10% of altcoins are profitable for investors because altcoins do not have much value in our lives so altcoins are only considered as a tool to make money. Most investors do not care much about the potential of those projects because after the price increase, there will be a lot of big adjustments. Currently more than 3000 altcoins are available at various exchanges and you need to research the best altcoins to make a profit in the bear market.
Of course, you are not always lucky to find good altcoins to make money because this market has great risks that you cannot avoid.
Agree, among the more than 3,000 altcoins on the market today, I think no more than 10% have a developer team with high commitment to their investors. Many altcoins are left behind by the developer team or don't have the product, so they are abandoned by investors
Indeed. Basically a coin that was dead yesterday only sought profit in opportunity. As Op said, until now there has been no real use case on coins or tokens top. Though this is very important that will bring the world of crypto is not ogled anymore as an instant money search tool but more to technology. Hopefully this crypto habitat will be more mature in terms of development and of course for all good things.
I am not going to talk about all crypto currencies because I don't consider all of them to be strong and beneficial. New coins are just created to attract investors. Now it is fault of investors that they choose new altcoins instead of bitcoin or a good altcoin. Bitcoin, the first crypto coin, was never created for just attracting investors. From the very beginning, it was trying to help people financially and it has.
