although this possibility is low and probably won't happen. but I want to ask you. if the bear market starts next month, and bitcoin falls below 20k. which altcoins were still able to survive and which altcoins are feeling the big impact of the bear trend.
we exclude stablecoins, because after all the market situation this coin will definitely be stable.
so I think Ethereum can still survive and that Ripple will be one of the biggest impact altcoins during the bear market.
I expect ALTS to pump for few weeks, then drastically fall. Just like in 2018.
Except now you should have experience, and sell as close to the top as possible
Altcoins will fall when bitcoin falls, that's the closest scenario.. as the current movement, bitcoin is falling again, looks like bitcoin could again dump below $50k and the market will certainly be affected especially the altcoins. Bitcoin falls 10%, altcoins will experience a bigger loses.
That is right when the bear market starts, that means BTC starts also decreasing and more than that other cryptocurrencies will follow this movement. Altcoins, absolutely top altcoins like ETH will be affected by the movement of BTC. However l think this day is not near to us, it will take a bit of time. We have still a chance to make some profit from altcoins investment and maybe we can hold some good coins till the next season.
These things arent something new because it is been always a part of this market and on the time you made some decision on dealing with this place then you are much
pretty aware on the volatility you've been dealing.For bear market then we should always prepare with that because not all the times we would be experiencing a bull market
just like on what we are experiencing now.We shouldnt really be that too confident that this would last forever, there would be always a market flip up or correction or change trend.
So you should be prepared for that one.