It's not really a smart move if you're short on cash and can't afford to take the risk then putting your funds into a high speculative asset is downright risky. Your investment will not always be ideal because if you want to venture into a bullish market, you need to take risks and prepare for it by buying altcoins. A top altcoins will not suddenly sink full but your patience will lead you to the right destination. We invest in crypto only because of profit so having knowledge to pick best time and token is more important.
For me, it's actually the opposite of what you said, because I see that the top altcoins can also sink more deeply when the market and Bitcoin don't improve in the long term. Indeed, I also don't consider the top altcoin a bad choice as long as it is only for the short term, but if someone has the initiative to invest in the long term, of course the smarter choice is Bitcoin. Because basically every investment must be carried out patiently along with sufficient capital so that you can consistently maintain it for a long period of time.
Well, in this case I don't know why you say that choosing Bitcoin is not a smart choice on the grounds that it is a highly speculative asset. In fact, any altcoin also carries quite a bit of risk because they are all highly speculative assets, except for stablecoins which are generally not an investment option for many people. But on the one hand, I also appreciate your thoughts even though I have never done anything like that if the goal is for the best investment and long-term profits.