For many people, yes, altcoins are just an instrument to get other people's bitcoins.
But, isn't bitcoin just the instrument to get other people's fiat as well?
And isn't fiat just the instrument to get other people's material assets?
You see, this logic applies from top to bottom.
The entire Crypto-Space is all about Naked Greed...
Every "honest" person here has helped PUMP a dozen scams...
Every conceivable political philosophy has been co-opted to PUMP Crypto, baby.
That said...
I've got an elaborate cap-weighted Alt Index going back to the launch of LTC...
And since last summer the return on a basket of Top 10 Alts has mirrored BTC.
So it doesn't matter if you buy BTC...
Or a semi-random basket of 10-20 Alts...
Your return will be nearly identical.
But if you know Alts inside out...
Your return will vastly EXCEED stodgy old Bitcoin...
Alts are now sporting a $500 million Cap... and BTC will come back to the pack.