I think the reality of this is that too many investors are buying into alt-coins that are overvalued. Really how was dogecoin ever worth 100 million? I have also lost value in my alts due to this coming fork, but the reality is I got a bit greedy and paid inflated altcoin rates. There are some good altcoins don't get me wrong, but looking at coinmarketcap it's crazy how overvalued some of these companies are.

Long-term investors can still make money if they are strategic, patient, and smart.