in general, the altcoin is not so dumped, it's just that no significant developments have taken place. for now, bitcoin does look good enough to hold in the long run.
to be honest, despite knowing that, I still bought altcoin to be used in trading matters, such as taking advantage of low fees, as well as price increases in the short term. that's good enough to consider. I prefer to take advantage of the situation rather than just see it. although like that, I also still collect bitcoin to be held in the long run. however, the altcoin is not always harmful. it's useful when you use it well.
Bitcoin certainly holds very well, but Altcoins, I think, are more promising for the long term. I do not believe that people will buy Bitcoin more than $ 20,000. People will invest in Altcoins.
yes, if this is a long-term holding problem, of course, bitcoin will be better than altcoin. but, think again, not all altcoin has a price that drops continuously. altcoin will also show a price increase in a short time due to the effects of bitcoin. I am pretty sure that not everyone can have large amounts of bitcoin, but not with an altcoin. some% of people save altcoin in large amounts because of its cheap price. because it utilizes the amount of altcoin we have in the short term it is worth calculating.
in addition, people also take advantage of the low fees from altcoin. however, there are still some benefits of altcoin that we can get.