Till a few years ago, websites with lots of Backlinks could be found at the top of the search results. Website owners and SEO Agencies spent a lot of time submitting Websites to web directories, article directories, etc. The more Backlinks, the better!
In the current scenario, Backlinks can actually hurt your site if they’re not done correctly. I suggest that you read Google's Guidelines on Link Building for clarification on which type of Backlinks can hurt your Website