Well, I knew what I was going into before I signed up for it so I don't see any reason why I need to back down now, a lot of people have given up on crypto and loss focus because they never made the right research before making their investment decision, this set of people just enter into the crypto market with the goal of making lots of profit and pulling off the market immediately, but are now stocked in the market and nothing else to do than pull off, this is just a lesson to the newbies coming into the market.

Your answer must be the perfect one and I believe almost everyone here would be agreeing with that. Some one year back people were thinking about ETH along with BTC but now most people started thinking of holding only BTC.

There could be some good altcoins but I am afraid none of them will sustain for long term. LTC is here for long time but never scale like how ETH did up to 0.12 BTC. So, some coin may sustain but may not grow on its own value.