We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
Investors have learned their lesson, even new investors are aware of what happened in 2017, investors look for the history of the token/coin and their platform, and if it's not gaining support, they are not going to invest, and with so many coins in the market, they only follow whales and community feedback, it's hard for a new coin to take off and compete, even if I am late I will only invest on new coin/token that has proven themselves.