Wow, a lot of "Do you believe in x" threads going on here.
My answer to your question is no. I think that people believe in these monsters only because of mass hysteria.
How narrow-minded. The
only reason, huh?
I don't believe in Bigfoot because it's just not plausible anymore. 200 years ago, then sure. Not impossible to think, seeing as Murrica was a big wilderness except for the populated north-eastern coast.
Chupacabras... There is a LOT of evidence that suggests that it is a cross-breed of a coyote and a dog/wolf. Nothing more.
Sea monsters... I'm certain of their existence. We know virtually nothing about the oceans compared to the rest of the world.