You could make the argument that if all of the capital in crypto only had to be spread across 50 coins that that would make each of those coins extremely more valuable. In light of that thought, is the huge variety of Altcoins ultimately a good or bad thing for crypto?
Crypto market is open for all, it may be a good or bad side of the crypto market. Too many coins won't be a negative thing for the market as they may bring good competition in the market. The only thing not good for the market is useless coins that are launched with only intention of stealing investors money.
I am agree. Too many coin can give us many option that we can choose. But with many coin in market, there must be a death coin because loss on competition with others. More coin means more analysis but i think more opportunity to make profits
Perhaps when there is a choice, respectively, it becomes much more interesting, and to some extent more promising, but you will agree when the market is more than half of the coins are just unnecessary slag, then by and large, this slag prevents progress on this promising projects, and also prevents us from choosing a good and high-quality project. Therefore, the choice of course should be, but not so much I think it needs to be big.