Is positive or negative alpha better?

The debate surrounding whether positive or negative alpha is preferable in the world of finance and cryptocurrency has been a long-standing one. On one hand, proponents of positive alpha argue that it represents outperformance of a security or portfolio relative to a benchmark, indicating skilled management and the potential for greater returns. However, some experts contend that negative alpha, though seemingly undesirable, can offer valuable insights into market trends and serve as a signal for investors to reassess their strategies. So, is positive alpha inherently superior to negative alpha, or can both have their merits depending on the context? Is it more important to strive for outperformance or to carefully monitor and adjust one's investments based on underperformance? Let's delve deeper into this topic and explore the nuances of the argument.