The crypto rush that has a feeling of gold rush has been everywhere and those developers that creates such coins think that they'll make money, an easy money very quickly.
But as an investor, you know where to invest and what coin you should put your money.
In result they do end up on losing money instead of earning and thats the only time they would really be doing their assignment.Why is it really needed to lose money first before doing some research?
We do have tons of coins in the market which choosing the best one is really hard but if you do simply stick with top #10 in the market then i can say it would be worth.
I would say we have all been subject to scams in the past and the learning curve that comes with it. I made some bad decisions too and I don't feel ashamed for it. In fact it was good that it happened early, it shaped my perception what to pay attention to and today I would say I am a better investor in crypto thanks to the mistakes I made in the past.