I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.
In 2017 when bitcoin was pump to around $20,000 in December most of the alternative coins were trading far behind but in January 2018 when investors were selling off we see a very serious increase in coins like ripple, ethereum , zcash and even bitcoin cash. It means funds do flow from fiat to bitcoin and then a distribution to other coins.