Certainly, there are obvious scams and coins that were developed with a certain idea in mind (e.g. Monero). All of them get devalued relative to bitcoin over time, but some can be useful in certain occasions (anonymous donations).
Discussion
When i came to Bitcoin it wasn’t to win money when the price goes up, it was to have a surveying tool agains the banks and state and im upset when price goes up because i like the technology and i want to buy as much as I can, but that’s my opinion, and I can be wrong.