You need a backup parachute on that mountain with all the wind haha

As far as the reason multiple cryptocurrencies exist, I think a lot has to do with filling specific use cases and creating tech that can actually accomplish that. As I see it, there are a few main types of crypto:

1. Currencies (Bitcoin, Litecoin, Monero)
2. Platforms (Ethereum, EOS, NEO)
3. Utility tokens (Civic, Status, Steem)

Those three different types of crypto all have different valuations in the market and different reasons behind the actual creation. It'll be interesting to see how each of these sectors grows in the future and if they consolidate down