I felt like seeing a movie and opened my streaming app (Netflix) to make a selection of a movie to see and I became confused which to select because of the many choices that I saw. I immediately had this thought that it is the same way people who have the interest of investing in cryptocurrency become confused the one to invest in when they find out that there is bitcoin and many other altcoins. Many people become confused and make mistakes because of the many options they have in cryptocurrency, they fail to invest in bitcoins because they think that there are many other very good options. Do you agree that more people will choose to invest in bitcoins if there were not so many cryptocurrency choices although not all are good?
In this case, in my opinion, it is certain that they will choose bitcoin if there are only a few of them, but isn't it still the same, people will choose and the percentage of elections is at almost the same point. But don't we also need better comparisons and more variants, to see how good bitcoin is in its ranks, without lots of choices I think bitcoin's popularity will not be as great as it is now, because basically their altcoin developers are based on bitcoin or based on bitcoin and indirectly the altcoin network developers will bring bitcoin to their target market indirectly when marketing their products.
What is certain in this consensus, in my opinion, is not the same as an analogy such as choosing a film or choosing food on a restaurant menu, because the orientation of thought in this matter has different indications.