Investing in altcoins is risky, and I don’t advise people to do so. When the bitcoin price dumps, if you can hold for a long time, then I am sure the price is going to bounce back, but there are some altcoins that will never bounce back after they crash. At the end, the coin will end up being worthless, and as we can see, a few strong coins crashed last year and lots of people lost their money in the crash. That's another reason for us not to invest in altcoins, there is nothing like a strong altcoin.
Risk is everywhere, wherever you invest, there will always be risks of loss.The only difference is that somewhere there is more risk and somewhere the risk is least.Bitcoin and Altcoin are not comparable, because Bitcoin is the king of all cryptocurrency markets.Where the risks of loss are considered to be the lowest.No doubt some coins crashed but that doesn't mean all coins are worthless.
Last year if some coins crashed due to which people suffered a lot,So there are also many coins that people have invested in and made huge profits.Even in the current bear season there are coins in which people have made good profits and have made 2x to 4x profit during the bear season.So if we see one side of the coin, we should also see the other side.We mention the coins that have harmed people, but we do not mention many such coins that have also benefited people a lot.However, you should never invest all your capital in one altcoin.