If the BTC price is rising then surely the BTC/ALT-Coin price has to slide the other way unless the ALT-Coin gains in value against BTC. Look at Cryptogenicbullion (CGB) as an example. It has recently halved it's block reward from 5 to 2.5 and the CGB/BTC price has risen making that coin more valuable.
I think we might be getting what looks like a lower amount of BTC, but the value of that against fiat has risen so it works out we are receiving the same/more in some cases.
Am I right with this thinking?
Sure others will chime in, however based on your logic, which I think is probably spot on, then holding onto your BTC for a while before you cash out could be dangerous. Could also be profitable but if you don't want to role the dice... So if a BTC is going for $128 to $140 USD right now depending on who's selling, so we are getting less payout of alt coins, if the price goes back down to $90 would be a bit hit. You then still have the lesser amount of coins and becomes at a lesser value. Guess that's the nature of stock type concepts, just makes me rethink holding onto my BTC to long as opposed to selling them in smaller quantities.
JR