Altcoins after long are following Bitcoin price action. After 2017, they used to just go down with every Bitcoin price up movement.i am pretty optimistic about altcoins this year. I have diversified my portfolio and have included a few large cap coins.
So far the returns have been massive. Link and etc gave almost 20%+ return over Bitcoin price surge. New year is treating us greatly.
That is great but I do not think the altcoin surge is going to continue, it is better to take your profits now instead of waiting for even more profits in the future, especially since in the last days the price of bitcoin has begun to go down and most of the growth in those altcoins is being erased and in some cases those profits are becoming losses really quickly as it is the case with some of the coins that gave the best profits like Dash and BSV.