Bitcoin might be the best cryptocurrency but should we play into the bitcoin maximalist idea? A lot of people argue that this is harmful as this closes off innovation.
Bitcoin maximalists have done well by being it, after all, it has helped Bitcoin grow by influencing it. However, when we look at it from the angle of diversification and monopoly, people's concern about maximalism is for a good reason.
Personally, I believe that most of your portfolio should contain bitcoin but choosing a few good altcoins can't be all too bad. There could still profit in altcoins but we may just have to tread lightly. Would you consider yourself a bitcoin maximalist? Do you believe this idea to be the correct one?
If you are a bitcoin maximalist, would you want a world without altcoins?
These are contradictory questions. You can't be a Bitcoin maximalist and ever want altcoins. If you want altcoins, then you are something else, but certainly not a Bitcoin maximalist.
Is there even a correct ideology or should we just accept that we all have different strategies, preferences and goals while coexisting in the crypto industry?
There's no perfect advice for this, "Your money, Your decision." Invest in Bitcoin only if that is what you feel is right, and diversify your investment portfolio if you think it is the right and profitable thing to do. It's all our choice!