Another thing is that Bitcoin is always more expensive than altcoins, and this is always a case where newbie traders enter the crypto world and buy altcoins thinking that Bitcoin is too expensive. They have the mindset that since the altcoins' prices are lower, investments in them will be more profitable.
Time has taught us that those who have invested in Bitcoin BTC are more profitable in the long term and short term and those who were holding bags of altcoins are only regretting it.
And I think this is why people who make attempts to try things out tend to make better progress than those who believe that applying common reasoning alone is enough. From a logical point of view, a person who chooses to rely solely on reasoning would find everything right with what you shared in the first paragraph and might frown at what you suggested in the second. That's simply because they haven’t taken the time to truly understand the basic concept behind why Bitcoin is great. Even a simple reasoning will tell someone that a gradual accumulation is possible, but I guess that part won't ring much in their ears.
It’s a very simple logic that requires both questioning and testing, which all falls under research.
1. Where should I put my money, in a place where there is more demand or less?.
2. Should I invest in an asset that performs tremendously well or in a so called asset that acts as compensation?.
3. Who is talking about this asset, big players including the government, or just some random person I don’t know?.
4. What’s the growth rate of the asset I’m investing in?.
If new Investors can find answers to these questions at an early stage, shitcoins won't even come across their minds.
These are the little things people can literally ask even before doing anything, but instead, they choose to rely on reasoning, without proper research and questioning.