What I am ultimately getting at here in the theme of my post is that there is no other coin besides Bitcoin, which you can trust can be held over the long term. What are your thoughts?
It’s true that so far no coin was able to do whatever bitcoin has done in our world.
Bitcoin is the pinnacle of crypto and for a long time it will be. However I believe that it still depends on the person whether they want to invest in bitcoin only or want to invest in other coins as well. Yes bitcoin is the best but some people are looking for other features that bitcoin really does not have. Some would also argue that bitcoin is too expensive now.
I think as long as one is making the right choice then they can do anything or invest in anywhere they want.
Bitcoin is the best coin to buy and invest in for the long term that will minimize your risk without losing enough money. Most people like taking risks to get huge profits, which is why you will see many people buying another coin to get big profits if he favors them. It will be very hard to see investors focusing on one aspect and rotating in different coins that they see as profitable, but you can trust the coin more than Bitcoin because anytime the coin decrease, he will be very hard to raise again to get your capital back and profit. but if is Bitcoin he will minimise your risk he won't just drops down too much he will just a few that you won't lose money to much on it.
I used to tell some people who are scared of crypto investment that they should just invest in bitcoin because it is the only coin that doesn't disappoint like other coins. If you can be patient and invest in bitcoin for the long term, even if you lose, you will probably get your capital back if you don't try to sell them as lose because he will raise again no matter what, but some coins if they drop they don't raise again, some lose value, and you can't get your capital back if you didn't try to sell them as lose because he will raise again no matter what. but some coin if they drop they don't raise again some lose value and you can't get your capital back that is why they like newbies to just invest in bitcoin then taking risk to invest in another coins, if they are interesting in crypto investment.