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 and other altcoins are just increase the number of Cryptocurrencies. If not greediness the purpose of bitcoin has been actualize which is to buy things digitally but man with business orientated mindset diverted the core purpose of Bitcoin to investment and now everyone is investing and no one is interested to accept Bitcoin in their business though National Governments are also disturbing the commercial aspect of Bitcoin because if they discovered that you are accepting Bitcoin in your business then either they will come and close down your shop or they will take huge tax from you or block your bank accounts.
Then another reason is the transaction fee is too high so because of all those factors we all went into investment.