Altcoins are always risky especially for long-term investments. Because in my opinion FTX, Luna Coin etc. have completely disappeared from the market, this is the biggest proof that AltCoin is definitely a risky investment.
I had not even considered any altcoin for long-term investment before the case involving FTX, Luna Coin etc. Because I am quite aware that any altcoin will not be better than Bitcoin, so my long-term investment consideration is only for Bitcoin by applying the method that I have been using so far, namely DCA and I will continue to do this as long as I still have the desire and ability.
Investing in Bitcoin allows you to invest freely because the investment depends on you. It is best to hold the amount of money you buy Bitcoin for a long time. Investing in Bitcoin will reduce your risk because it is a trusted coin, which has been in the market for a long time and its high momentum attracts investors the most.
That's true and not wrong at all, but I think it's more suitable for you to say to newbies who have just entered the world of crypto or have just entered the market to buy whatever they want without considering which one is best. Because I'm quite sure that currently there are still many newbies who make mistakes in choosing which coin is the best to invest in so that the mistakes they have made can at least be reduced when someone gives them advice like this by considering major coins such as Bitcoin and try to ignore any altcoin to no longer invest in it, unless only to trade it in the short term.