I'm sorry, but I won't agree with your argument. Supply is just one of many factors that help bitcoin increase in price, creating a coin with a limited supply is not difficult. Limited supply plus high demand, when demand exceeds supply, then can cause the price of that coin to spike. Take a look at ETH, it has an unlimited supply, but it is undeniable that the return it brings to investors is not inferior to bitcoin.
It doesn't matter if there are different views on seeing the difference because I also don't equate all types of altcoins.
Ethereum can still be expected to return by investors who choose it, but other altcoins may not be like Ethereum.
When ETH was first launched and it was compared to bitcoin, many people were skeptical about the future of ETH, and they thought it was going nowhere. But the results have shown that many people are wrong not to trust ETH. For altcoins, finding a coin like ETH isn't easy, but that does not mean there is absolutely none. We wouldn't believe it until it happened and admitted that we were wrong.
Currently, altcoins are more for gambling than investing, but it can be seen that the market is getting bigger and bigger, and many projects are starting to get more serious about building their projects. I believe that with just a little more time, there will be many things worth reconsidering with this market.
Furthermore, investing in bitcoin these days cannot yield better returns than investing in altcoins. Since the altcoin market is a pumping and dumping playground, it does not need to depend on supply or technology, but its value depends on pumping, its returns will sometimes be higher than bitcoin brings. But in the long run, altcoins will never be safer than bitcoin, stay away from altcoins if you want to invest long term.
Of course I thought that this was only temporary. This year it is clear that the market has not shown the movement we expected, including this May.
I would nod my head that stay away from altcoins in investing long term.
Are you expecting a recovering and bullish market this year? If so, we have another look at the market. I'm happy with what's happening, even a little sad that bitcoin has recovered quite quickly in the first few months of the year.