If you see, the price of Altcoin went up very high in early 2018 and then the price of Altcoin fluctuated in 2019.
Now in 2020, people are expecting the price of Altcoin to go up. If the price of Altcoin goes too high then it will be very difficult to buy.
Some people say that cryptocurrency is a digital currency, we cannot calculate its value because we cannot accurately estimate the value of cryptocurrency / Altcoin. We can say that when people give bad news about cryptocurrency, people get upset that they sell their currency.
I think investing in altcoins for a long term investment is not really a good idea at this year since most of the time, in my opinion, a lot of altcoins in the market is ending up to be end for several months most of the time there is also no trading transactions of volume of the altcoins. But still, a lot of popular altcoins in the market still have potential that you could hold for long term I think in this year if you hold XRP, ETH for long term investment I think this could easily be a profit for most of the people. Besides that, the other altcoins are junk in my opinion.