I arrived at this same conclusion last year, when the crypto and Altcoin buzz was at an all-time high. After taking a hard look at the markets and the rate at which new projects were being launched, I came to the conclusion that trying to buy into each new project is a fool's errand - I told myself that necessarily, a rational investor must have to leave out a great many crypto coin projects (including some great ones).

The situation in the crypto markets right now makes that line of thought even more compelling. Most cryptocoins are bound to fall into oblivion, sooner or later. Maybe 4 or 5 would survive over the long haul.