Good afternoon. I would like to hear your opinion. I've been reading the forum sufficiently long, but I rarely write. I had one question. Why is the forum divided into 2 teams that angry with one another? The first support bitcoin and hate all altcoins. All of this for them is only garbage. Others like altcoins and do not understand what the problem have first.
I have a question for the first camp. Why?
Take for example Zilliqa, Tomocoin, NEO, DragonChain, etc. People who bought them in large quantities became richer. Why do you think this is garbage?
Bitcoin is a legend, but some altcoins are worth paying attention to, aren't they?
First and foremost let us discuss how many alternative coins are out there in the market. You are lucky if you have jumped into a coin who luckily increases its value but what if its value decreases or there is no growth at all. Another thing is that you want to buy a certain coin in its cheapest value available and that is during the ICO, but there are many scam ICO's anywhere and a large percentage of ICO does not end up successfully and ends up in a failure.
There are also coins that after their market crashed they did not go up anymore and become stagnant. With these reasons it is much better to invest on bitcoin rather than on altcoins. If bitcoin crashes all other altcoins crashes but if bitcoin increases in value not all altcoins increases in value. This is one of the reason why people prefer bitcoin over altcoins.
I agree with you the just look at what happened on the market right now the value of bitcoin is increasing while the value of altcoins over btc drops but because of the value of bitcoin increases the value of all altcoins increases too.