3: Dont hold alternative cryptocurrencies for the long term
and if you must own them just know you are just
gambling with your money, because they can go
from100 to 0, so altcoin is worthless for the long term.
All you have point was right but you can change the point 3. you can hold an alternative coin after doing own research and proper risk management unless you are bitcoin maximalist.
Simple advice when buy altcoin : DYOR first don't FOMO or don't buy no utility coin like shitcoin (you can buy it, but it is only for fun)
Most folks perceive me as a Bitcoin maximalist, but the fact is that I don't consider any other coin aside from Bitcoin and because of the high risk with altcoins I am always against them.
But that is not outstanding we also have other good altcoins that support and enhance cryptocurrency scalability.