Are Alt-Coins Legit

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I am beginning to think 99.9% of these crypto currencies are fraudulent. It feels like a money grab, I have been going on the websites of these coins, most of them still have their crowdfunding page up! When it comes to the products they mention on their white paper...it still says coming soon! WTF?!!? I'm staying away from alt-coins and sticking to Bitcoin. Anyone else have the same concerns

Are Alt-Coins Legit | Ecency