Just look at altcoin's name itself and what it suggests, it means that these coins under the name altcoin are just an alternative of bitcoin.
That alone we can differentiate why investors are highly skeptical about altcoins compared to bitcoin. Of course, volatility is always there but the certainty that the selected coins will prosper is much lower in this bracket and as you guys have said, many coins nowadays that has almost no utility at all are existing in the market which again bring uncertainty to the investors. And that brings us back to the basic, we needed to have a thorough research and study if we're indeed looking forward in investing altcoins.
That alone we can differentiate why investors are highly skeptical about altcoins compared to bitcoin. Of course, volatility is always there but the certainty that the selected coins will prosper is much lower in this bracket and as you guys have said, many coins nowadays that has almost no utility at all are existing in the market which again bring uncertainty to the investors. And that brings us back to the basic, we needed to have a thorough research and study if we're indeed looking forward in investing altcoins.
Altcoins are not as proven and tested as Bitcoin is. They're simply experimental grounds for the #1 cryptocurrency in the world (which is BTC). Investors know this, so they put most of their money into BTC instead of alts. Still, that doesn't mean it's the end of the line for alternate coins. They can be a highly-profitable investment if you know how to play your cards right. Just diversify your investment and nothing should go wrong.
With many altcoins bringing passive income opportunities (ETH, BNB, among others), who'd want to miss the opportunity of a lifetime to become filthy rich? Ultimately, what matters is decentralization and censorship-resistance. As long as this is preserved, there should be nothing to worry about. Just my thoughts
