Since Bitcoin holding in good position but alt coins are bleeding everyday. It's look all alt coins become shit coins. I will not surprised if alt coin price become below ICO price. Lol. I was wrong that alt coins holding more profits from Bitcoin. I have more than 50% loss on alt coins. Although I am not going to sale in loss even I have to hold more than years. But I don't think so market will recover soon. There is too much negetive news about crypto currency. And it's already effects on alt coins.
However current situation but I think this is good time to invest on crypto currency. But invest only whatever you can afford loss.
I dont think thats all true. there are altcoins out there which are still alive and trading. you just need to look for more coins to trade with. the reason some coins became shit is because of the failed ICO projects and failed endorsement plus when the concept of the project itself is shit l, then it all comes the drain
It would be over exaggerated actually to say that all altcoins become shit coins as that is not possible. Surely, the market is generally speculative at the moment and it makes It very easy for altcoins to get tied in movement with bitcoin but in the real sense, this does not mean that some of them with very interesting product and real life usage in the long run will not be able to drive in demand for themselves as that is a normal and expected thing and those without product, development or usage will be the shit ones.