Its not really the case. We have many altcoin bagholders who are hopeful that their bags will inflate in price during every bitcoin bullish trend but the altcoins themselves are inherently poor in terms of their development, use case and market making. Hence the bitcoin bullishness which should act like an ignition switch for them does not and hence their long term value is nil.

Many of the investors here have been into altcoins for many years and they all agree that it is for the short term only and quick exit at a small profit is sigh of relief.