Bitcoin is still by far the biggest coin out there with the market cap $139.6B, but its market dominance has shrunk significantly from over 85% in February to just 37%.
It is normal for it to lose dominance now that knowledge about crypto have become widespread. People now are trying many different alts(and buying them up), then holding them with the hopes of earning more bitcoin and thus is the reason why we shouldn't be scared about it.
And we also should only invest what we can afford to lose right?
You are right. Those who will be scared will not see the true reason why BTC is losing dominance temporarily(because of many investors holding alts with the hopes of earning more btc).