I am not an altcoin fan but lately, I have spent some time on the alternative cryptocurrency board and I have seen a lot of topics bordering around whether or not to buy some coins and this makes me wonder why altcoins investors are full of uncertainty and always wanting to know the opinion of others before they invest.
Is there any other reason for this other that the high risk and high volatility of altcoins compared to bitcoin?
Are they asking because they know there are special skills in altcoin analyses or some people are good at picking g g the right coin to invest in?
I think investors are not skeptical of altcoins, the purpose of them wanting to listen to opinions from other people is because they also don't want to get stuck in altcoin junk, investors will be more observant in terms of their investments, most of them don't want short term investments.
while investing in altcoins most of the profit earned is usually in the short term, if it doesn't grow then it allows the altcoin to die.
but I have noticed that many investors are more enthusiastic about investing in Bitcoin