I get annoyed when people think of coins in terms of bitcoin price and judge their investments as so. I dont keep my money it bitcoin - I keep it in a bank where it gains nothing, so any gain i get is positive. Judging an investment in any crypto through a bitcoin lens is like saying investing in facebook is bad because amazon went up more...no it isn't it just wasn't the most optimal but it still gave you positive returns.
I understand your logic but I don't agree with you because I am not buying altcoins with fiat but I am buying them with bitcoins. So I'm actually risking bitcoins, not dollars, so profit should be measured in bitcoins. Because if you didn't make that investment, you would have kept bitcoins and they would be worth more so you made a loss with that investment.
Eh, i dont really buy that. Unless you're holding your money in bitcoin its just an intermediary to your actual investment. I wouldn't be buying bitcoins unless i was investing in altcoins - why does it matter whether you buy in fiat or bitcoin? If you buy minex in fiat you just as easily could've bought bitcoin or done anything else with that fiat to gain more/less. Faulty logic imo