I just came back from work now and find out that all the altcoins are in red except few one. I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
Its high time to get used to the fact that altcoins react to any movements on the market in this way. Personally, all this doesn't surprise me at all. At the end of each week, I simply look at all the currencies and evaluate their market position. Therefore, I know well that even if 100 coins fall in price, there will almost always be a coin whose trend is upward.
But in general, a constant and steady growth of altcoins can be seen only during the altseason.