Re: what about the fate of altcoins if btc drops to 10 dollars?
Then ETH could be $1 or within that threshold, why? For simplicity's sake. I find it funny how you came up with the idea of $10, I don't understand what to ask. Anyway, the ratio between btc/altcoin has always existed just how accurate and likely it is. And now that we are approaching important milestones in the market, before the volatility of the past time, prepare yourself to seize the opportunities that the market brings in the future.
ETH going all the way down to $1 is impossible. The same thing can be said about BTC going down to $10 per coin. But if it happens, most of the altcoins will die because they depend on these two cryptocurrencies alone (BTC and ETH) to survive. After all, Bitcoin and Ethereum dominate most of the crypto market. The only way this will materialize is if governments around the world ban crypto/Blockchain tech for good. Mainstream adoption will decline, leading towards lower market prices in the long run.
Altcoins often come with higher risks than Bitcoin alone, so I'd suggest you diversify your investment to protect yourself against a massive decline in market prices. No one can predict the future so we can only hope for the best. Just my opinion
