Even with the historical performance of bitcoin people are still wasting time to invest in bitcoin, people often give unnecessary excuses, for things they don’t fully understand.
To my understanding, I don't think many people are concerned about the risk factor of bitcoin, some are very aware that it has little to no risk compared to shitty coins but you'll still see them investing on shitty coins why? Lack of patience, It simply because they're more concerned about the time frame of holding, some can't wait to start profiing and taking their profits sooner than later.
To such people, they believe that shitty coins could give them quicker profits and won't mind whether it's more riskier than investing on Bitcoin but it mostly end with regrets cause shitty coins would always do shitty things and In return, drag them back to bitcoin investment and by then they would've missed out on several opportunities coupled with the time and money wasted on shitty coins.
It is better not to compare Bitcoin with the bad coins in the market. Because Bitcoin is Bitcoin, no coin can ever be compared with Bitcoin. Bitcoin is the king of all coins in the market. If we compare Bitcoin with the bad coins in the market, then it will sound very bad. Bitcoin is always the king
A person has to do research. Because if someone does not do research, then he will not find the right thing, such as Bitcoin being the best for investment. If someone sees something very easily, it is better to do a little research and not believe in it very easily. It is better to read it and take a decision. There are many coins in the market now and all these coins are being promoted in many ways online. If a person is inclined towards all these coins, then you should do proper research before investing.
I don't think there's more need for research to decide investing in those other coins. Shitcoins will always be shitcoins no Matt how long you research about it. Even if it behaves differently at the initial time, it would later go down as many other shitcoins do go. Sometimes it is much better to do what you know it's basics. Sometimes playing too smart will only land you in more regrets. Bitcoin is more trustworthy than any shitcoins you may think of. So why not focus on bitcoin and save yourself the strength of studying what has higher risk of failing. Many altcoins and shitcoins have behaved so well that people thought they will replace the bitcoin, but they are all gone now.