When btc dump, they dump
when btc pump, they even dump harder wtf
Congratulations on figuring this out. The trick now is to find which ones have a potential future and which ones don't, as you are right in 5 years a lot of these so called "alts" won't survive, or still be worth pennies if they do.
Of course I think a lot of people actually do realize this truth and are just playing musical chairs taking advantage of the profits offered by the pump and dump nature of these coins. Just don't be the one left holding the bag when the music stops.
I totally agree on this one, when btc is dumping they are also dumping, that is nonsense and it shouldn't happen, if it will stay this way it will be ugly for the future of cryptocurrencies, if bitcoin is dumping the altcoins should move their own way and I hope this will happen in the future, there are alot of good alts with great projects so they are not all scammy, once they will break trough and be used in world purposes I hope they will lead their own way and eventually it will happen because the market now with dipping and depending on btc is shitty.