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Why people don't invest on altcoins?

Why is it that most people don't invest on altcoins they prefer to invest on bitcoin rather than altcoins, is it because of the price and value of bitcoin?
No one invests in new altcoins, because they are mostly scam, and few people invest in active ones, since bitcoin is much more profitable.
People do invest in altcoins. Infact there are people that do not have a single investment in bitcoin but have a lot of altcoins as asset.
People invest in altcoins a lot maybe you have not been able to make your research to that extent. I have invested a lot in altcoins and i have friends that have done the same also.

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