Alts do won't survive this BTC crash
yeah that's the very truth
If you guys haven't been in crypto for long, it might help to look up some past data to get a sense of these markets. It should also go without saying that crypto/alts/BTC isn't for everyone and if you don't have the temperament to research a lot and have a lot of patience through very high volatility, perhaps stay away from this market.
Not everybody can afford to wait it out. Those that can wait out and buy the dip will profit significantly when cycles turn back later this year or perhaps next year. Yes there will be lots of casualties but the alts with solid potential should survive.
If you cannot wait it out, perhaps crypto isn't the right asset class to put money in?
If history doesn't repeat but rhymes, we'll see a great purge but the good ones will come out stronger on the other end.
There is no way crypto market will be like this situation forever. Even observing the market last year, there were recoveries too. The volatility is just way too much handle especially on inexperienced investors. Just give it time people.