In crypto currency, people with a get rich quick mentality, are easy prey for scam.
That's why they're being taken advantage and true that becomes a prey from these scammers. If they don't change for the better, the experience that they'll have from having this mindset will have them learned the hardest possible way.
So, you gotta get into the natural process of how it's like to earn not just from altcoins but also in real life and side hustles. It's a process that one has to be taken without rushing.
some random coins but instead invest in coin that has been listed in the market as far as I know thinking that in the upcoming bullrun it will double their initial investment which does make sense but sometimes some people are foolish enough to invest in something like meme coin with no real utility, no fundamental whatsoever and they expect more than 1000% increase which is silly. if you think about it.
after all majority of investment out there definitely not gonna give that much return but considering the fact that these meme coin and shitcoin investment are actually just some zero sum game then its possible that only if you are very lucky, otherwise be ready to lose money.
Well, not everyone will agree with you on this. There are some meme coins that have done more than 1000%, Shiba for example did very well though it is a meme coin.