This is a crypto forum and it's true that many holds altcoins instead of Bitcoin. But if you know someone personally then you'd ask if they're holding Bitcoin, it's best to keep your mouth shut as you want to make yourself safe from such. Not all the people that you tell that you own Btc is happy about you. But anyway, I hold a few, not a lot, and might be part of the shrimps organization community. I'm interested to hold it because of the early thoughts about it being the future.
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.
Yeah a lot of people believes Bitcoin won't grow more than it is now and that is why you see them go into new coins, this was the same believe some people had 10 years ago and refuse to invest in Bitcoin and now they are regretting deeply and 10 years from now people will still regret why they didn't invest in Bitcoin, some will regret why they didn't take Bitcoin investment serious.
Someone said Bitcoin will never hit $100k that Bitcoin will never grow more than it is now and I remembered some that said something 5 years ago and regretted because Bitcoin grew more than he expected, Bitcoin has not grown to half of it's growth capacity so Bitcoin will keep growing bigger and better.
Some people feels new coins are the best that they grow fast and some even believe some new coins will grow bigger than Bitcoin but all those are never true, a lot of new coins are scam and a lot of people has lost there money into the hands of all this so called new coins, I know of someone that dead when he was told that the new coin he invested all his life savings into has dropped dramatically in value.
The creators of some new coins just did it to take advantage of people, there has been record of people losing there money to new coins which is very bad, I don't encourage people to go into new coins.
The reason why people still invest in new coins is because of lack of patience in Bitcoin anyone without patience can't invest in Bitcoin but remember what they say patience is virtue.