Altcoins have proven to be unreliable again and again due to a various incidents. Yes, Altcoins can also bring us some gains but what if risks are much higher compared to advantages? And for Alt coins, risks have proven to be much higher compared to advantages
As a bagholder of such coins, we have a big risk to suffer a loss. Previously, Altcoins have caused lossed from:
The issue of security level is very dependent on how we protect it because if someone does not understand it well it will create a gap for hacking. In general this is true because altcoins are not so fundamental to be used as assets and the greater risk that will be obtained even though most people think they can make big profits in it. Everyone needs to think about the long-term risk for the investment made because if they do not have the ability to recognize it, it can cause problems.
Moreover there is no point in comparing bitcoin with shitcoin because people realize that there are many advantages that bitcoin has compared to shitcoin itself. There are many altcoins that are created with different purposes so comparing them with bitcoin may never be equal.