There are many altcoins in the market, they are very good, though the owners of the big companies are very little trusting in Altcoin. However, there are many coins to invest instead of Bitcoin. If the market can be well monitored, it is possible to find many good coins. Yes, that's right, the founders of Altcoin allocate tokens for the most project team. Although they keep these budgets in best for many years. That's why most of the time Altcoin Holder becomes a risk. Yes, Bitcoin is different, since it is through blockchain and no one is in control. That is why everyone will be most interested in Bitcoin and it is the greatest coin of all time. Approval from the government is being legalized in different states. So big companies will get interest in it. All the founders want to make good money. Because every year, the price of Bitcoin is increasing very quickly.
There are some that are quite good but not all of them are good and some of them will just be trash so there is no need to feel that all altcoins are good because the majority of them are certainly bad to invest in let alone for the long term.
Although in this case we realize that all forms have risks but when talking about risk in crypto it is quite natural that many will choose bitcoin compared to altcoins because at least bitcoin can provide a hope for the long term unlike most of the altcoins or shitcoins.
Altcoin and Shitcoin will only be suitable for a momentum and even seem to push towards the medium or even short term but when talking about the long term then clearly bitcoin is something that cannot be released because this is like a thing that we cannot lose if we want to invest in crypto for the long term.