Why People should not convert to bitcoin (even when a lot of people think it is good as of late)

As of now the bitcoin price is $6398.00.

The investors already having invested still have to use the do-nothing strategy and wait for right time to sell but on other a lot of people are investing write now and buying bitcoins even some are converting to bitcoin and a big divergence b/w altcoins and bitcoin investors is observed....and yes people think it's a good idea because they can have a good profit from bitcoin but still I would recommend not to invest in bitcoin now or atleast don't convert to it why?

Because for starters:
Bitcoin still isn't that much secure as it says. Don't buy using more than 1 percent of your total net-worth.And if u are honest with yourself Bitcoin is a gamble, it ain't an investment. It's super risky and there are far better places to invest your money securely for both the long and short term.
As Grant Sabatier(a bitcoin millionare) said:

''The value behind bitcoin is the blockchain technology, which has been easily replicated by other digital currencies. Many of those have actually built better and easier-to-use versions.
Litecoin is a good example. Sure, bitcoin has an early mover advantage, but it was created to buy and sell things online securely, which no one is doing right now because the price is so insane and transaction costs are skyrocketing.''

Why not Litecoin?

Founder Charlie Lee has, on numerous occasions, said the cryptocurrency can be used for payments because it's faster than bitcoin.

Litecoin transactions take just over two minutes to go through, compared to an average of around nearly 300 minutes for bitcoin.

There is a limited supply of 84 million litecoins, compared to 21 million bitcoin. Currently, 54,293,533 litecoin and 16,740,175 bitcoin are in circulation.

"Litecoin is very similar to bitcoin except it has four times as many coins. It's also four times faster," Lee told CNBC in a TV interview earlier this week.

"I think litecoin is targeted more towards payments, faster transactions and lower fees."

As of facts here are some charts:

To conclude I think bitcoin has kind of become a trend & a brand name rather than actual progression in their systems and its administrators have became more lazy about it's systems.I guess you should see other cryptoes as well as to how the lower price of bitcoin right now may affect others cryptoes value in future as well...so be carefull and observe everything.