Many community members have been claiming lately that altcoins are going to die or at least that 90% of altcoins are doomed. I tend to agree with them that there are many coins and tokens that are pointless and won't survive. Another cathegory are alts with solid foundations but won't manage to fight with their competitors as naturally there are numerous projects with same visions. But if you trust the project you invested in, there is no reason to change your mind just because someone says many altcoins won't succeed. Do your research and trust only your own judgement, because many ALTCOINS ARE HERE TO STAY!
Altcoin will not die because there are still many people who believe in cryptocurrency it will only happen if the people will not continue to invest and believe on it. But for now the price of the crypto is dumped because the investors are not increasing we have to double our effort to let other people believe in crypto so that they will also invest on it.