here is what usually happens:
- bitcoin goes up > altcoins get dumped
- bitcoin dumps > altcoins get dumped harder
- bitcoin stays stable > altcoins get pumped
you should hope for the third option to happen. and the reason for it is very simple, in both first 2 options traders are always in bitcoin market either picking up cheap coins or making profit or shorting,...
but when option #3 happens, they look for an alternative way of making money. and that would be altcoin market and the pumps in it.
The #3 option is more reasonable and economical to all of us.
Hoping that will really happen, that is so just to all of us here, no more red to be seen in the exchanges.
But for the history it is rarely happen. The market doesnt go with what we want and things turned out differently.