I do not deny that bitcoin is the best coin on the market because not only the profits it brings but also the utilities and practical applications of bitcoin are superior to all altcoins. But is it correct to say that all altcoins are scams and do not bring us profit? ETH, ADA, BNB... and even dogecoin have been bringing thousands of percent profits to many different investors. Not all are scams but they are riskier than bitcoin. You should not exaggerate bitcoin and altcoins more than necessary.
Those who overestimate the risk of all altcoins do not have any analysis of these altcoins, they are only afraid of fluctuations,
even though the top altcoins such as ETH, BNB, SOL, DOGE, etc.
are still quite worth it to buy with the aim of making profits in the upcoming bull run.
Seeing how Altcoin risk is compared to Bitcoin, of course, Bitcoin will have an influence on all existing altcoins,
but we can see what altcoins are able to survive and offset the price of Bitcoin.
I myself still have ETH which I hold for the long term,
and it is my long-term investment for Altcoin and of course, Bitcoin is the main investment.
It is now obvious that people prefer to manage the risk of altcoin investment instead of the volatile nature of Bitcoin that made Bitcoin price to fluctuate regularly.
I have seen altcoins that only last three to 4 months. They are pump and dump. Only for those few short term goals that is advisable but for the long term I wouldn't advice anyone to invest in them.
You are holding ETH for the long term purposes, perhaps you are storing it in an exchange. Look at the high price of transaction fee for ETH then also imagine a decade to come what will be the cost. ETH investors who DCA are taking the risk of storing their coin in a CEX.