Who would have ever known that from the start of 2021, that;
Centralized exchanges and lending and earning platforms have been failing for a long time, do you remember Mt. Gox? You should have zero faith in any centralized exchange, and take note that they do not care about BTC as many people are made to wrongly believe, they only care about making money through their fractional reserve scam.
I understand, and you're not alone. Many are cautious of altcoins. However, not all altcoins are scams. Ethereum and Ripple provide new technology and ideals to crypto.
What new technology does Ethereum and xrp bring to the crypto industry, these are two centralized shitcoins that do not have any usefulness. Monero may be the only altcoin that is actually useful.
Bitcoin is powerful while being decentralized. I advise you to diversify, investigate, and never put all your eggs in one basket, even if its flashy and called Bitcoin.
Never put all your eggs in one basket is a good advise, but take note that if you are investing in BTC and altcoins your eggs are in one basket because they are intrincically linked to one another, diversify by investing in BTC and assets that aren't intrinsic, like gold, real estate, etc.