I am really surprised at the way people are turning down on altcoins and when I thought altcoins have actually invaded the whole space and clouded the mind of new investors. However, this coming from a very old investor in the community is not surprising anyway.

I totally agree with this as altcoins to me are just a waste of time, and if you think you are diversifying to avert some level of risk, altcoins are actually going to be increasing the level of risk eventually. I would rather be in bitcoin and look for other areas of investment outside cryptocurrency as well. Eth that would have even been a little bit of a good choice is inflationary.