Altcoin investors are the ones that I pity for because they are having big hopes that altcoin season is coming in this circle, whereas, bitcoin keeps dominating and nobody wants to look at these altcoins that are worthless.
Infact, I believe that henceforth, bitcoin will always be the investors choice and only new investors who don't have crypto knowledge will be deceived to invest in altcoins. Bitcoin didn't just take the lead in the cryptospace but in all asset, bitcoin has been dominating. Take a look at the institution and companies buying bitcoin aggressively this year.
This year bitcoin was not as we expected. I am sure most people did not think that there would be such a high dominance. Altcoin investors lost a lot because of this and continue to lose money every day. Take a look at the price of bitcoin two months ago and the prices of altcoins. Those who invested in bitcoin this year were not upset, while other investors are having a hard time
Try asking yourself where you see a profitable investment: Bitcoin at $107,000, Ethereum at $2,450, or ATOM and Polkadot at about $4 and $3.33?
Altcoins have more risks and more profits, but each investor chooses his own strategy.