That’s not true about the more devices you hook up the slower your system becomes. I have had 5 TV’s all hooked up to rg6 using Dish’s splitters with no degradation in picture quality. As for network, you can have hundreds of devices in your home and if you do it right, you won’t see any degradation.
But, saying this, you have to plan your internet speeds wisely. If you have 5 people streaming or downloading movies/files on a computer all at the same time, you won’t want to get a 10Mb internet connection just like you wouldn’t get a Toyota Camry to pull a 10,000 boat. I have a 1200Mb internet for 2 people and I don’t wait for streaming movies to buffer.
As for networks, you get the appropriate number of routers (preferably mesh) and switches for your needs
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