Think of it this way : when was the last time you saw a major stock ipo with nothing more than a white paper and a promise? You would get laughed at for investing in a company like that on Wall Street, yet this happens daily in crypto. You gotta accept that this is a bubble just like the dot com bubble a decade ago, you can still make bucket loads of money in a bubble - by trading to exploit inefficiencies in the market. Buying a random project to hodle without any evidence of the company's product (ETH and NEO are legit) is gambling as I see it, but there is nothing wrong with trading that project to profit off the backs of others who are the "dumb money" in the marketplace.