Yeah, but remember, big funds outside of the Crypto Sector have, only, a 5% success in investments into new business ventures
Why should new crypto coins have a bigger success ratio, maybe a lower success rate of 4%. Developers disappearing is not such a surprise, when you think about it? Some investors and miners have unrealistic outlooks on new alts, even old alts
Buying or mining into coin before they have their 1st Block halving or late on in their pre-POS as the initial buzz of the launch has worn off, the the most efficient way to get a big position with such a low success rate.
Taking a position of 0.001% to 0.0001% is necesssary to ensure the few successes you return a new profit compared to failed investments.
Here's a few examples:
Pheonixcoin, 98 million coins, equals 98,000 to 9,800 position; Block halving 2015.
Feathercoin 300,000,000 coins, equals 300,000 to 30,000 position; Block halving 2019.
Vertcoin 84,000,000 coins, equals 84,000 to 8,400,000 position; Block halving 2018.
Therefore, if one or two investments reach 10-50 cent a coin, you have made a net profit on the investments, even though your investment in the other 24 coins made a mad loss