I never believe in Altcoin investing, only fools invest in Altcoins. All and sundry investors only invest in Bitcoin because it is a trusted coin where investment is sure to lead to success. But investing in bitcoins must be done with long-term investment, long-term investment is the only way to get the most benefits. The higher the investment in Bitcoin, the higher the benefits.
You sound harsh my friend.
People invest in altcoins for many reasons, the hype, the money, the opportunity and fast money makers.
The people that invest because of hype are mostly the newbies who get as they don't do research, they got into altcoins due to what other people says and not their own beliefs on the project.
The people who invest because of money have reasons because altcoins has made a lot of people profits in the past and it's actually valid to invest in altcoins.
Some people invest in altcoins because they wbat to create something unique, like when Defi came around some new projects has to invest in some projects because they don't have choice, you need money to make money.
Money makers are just people that scalp profit from one projects to another and they actually do make it big. So, I don't think none of this people are foolisg, perhaps the noobs who refuse to do personal research.