I'm still a beginner in crypto, as we know from time to time the number of altcoins is increasing, but I want to ask,
will the increasing number of altcoins affect the price of bitcoin,?
but in my opinion it will not affect the price of bitcoin, even though the number of altcoins is increasing.
Yes it wouldn't affect Bitcoin no matter how many alt-coin might be created the original would always be on top.
It doesn't matter how many alt-coins are out there most of them doesn't really have a value.
The only negative impact of those alt-coin in Bitcoin is that newbies that would get scammed by those shitcoin would generalized all of crypto as scam.