It's not just about trust and belief, but Bitcoin also has a large community that supports Bitcoin.
Almost everyone who is in crypto will get to know Bitcoin first and Bitcoin Prime Portfolio for the long term.
And about how altcoin fraud occurs it is only a tool, not completely altcoins committing fraud.
Even Bitcoin is also used as a fraud tool, but of course it is not Bitcoin that is the core of the scam.
Bitcoin is still at the top because Bitcoin is the first and all depend on Bitcoin.
Altcoins may only match ETH which has always followed the trend of Bitcoin until now.
And for altcoins that keep popping up or even memecoins that pop up every second, it's indeed made just to cheat and for speculation alone, nothing lasts long.
Again, are you sure this is going to be true
forever and ever? All everybody is saying here is akin to saying, "Internet Explorer is the most popular web browser and everybody knows about it, and it's everybody's first browers, bla bla bla".
Yes, Bitcoin is the most popular digital currency
right now. But it has major technical limitations in performance and cost that leave it wide open to competitors for the long term.
Long term, the lower cost option always wins out. It might take a while, but that's what happens.
If you want to invest in something for the next three months, then sure, invest in Bitcoin. But the only "1000x" opportunities out there will be from digital currencies that
change the paradigm to something that will truly scale to handle the entire world's daily transactions, and do so far cheaper than any other existing means.
This is entirely wrong - longer term the best asset, with the best qualities will win in terms of global store of value. Its for this reason gold dominated over an infinite number of other physical items. Same with BTC over alts. Every single alt has given up even trying to be an "alt" to BTC's core function. Eth tried hard, but has now failed as many predicted would be the case, and this failure is of course reflected in its 3 years of decline relative to BTC. Its the cost (or "effort") required to produce BTC which gives it its value. If something can be be generated at the click of a button, its lack of value should be obvious.
Alts, memes, shitcoins, NFTS etc are infinite. BTC is the total opposite.