A friend of mine who is a holder of ethereum and xrp once told me he has lost confidence in the altcoins because it has nothing to offer and the altcoins always follow the suit of btc. The rate at which it is going down has brought fear to him. And I believe he is not tge only one thinking tge same way. If we are to open a floor for people to share their experiences and thought about altcoins, you will be amazed. But one thing I always tell him and I believe it goes for all those who share the same thought with my friend is that never lose confidence. This is not the first time altcoin market has done this. There is good days ahead and the market shows. I believe this is the time to buy and hodl more of altcoins like eth and xrp. Enjoy it while it last because it may be too late some days ahead.
Your friend has a valid reason to fear what's going on with the altcoin market. After all the price of Bitcoin has somewhat recovered from the debacle of 2018. And yet why are the altcoin market is still bleeding and not follow the trend of Bitcoin? The only thing that I can think of is that there are many people who have lost confidence of most of the altcoins, even XRP and ETH because it seems it can't even get to where investors are expecting it to be at this point.
In a nutshell, never be fooled by the market today. Look at the bigger picture and hodl for the future. Altcoins all tge way. I am for altcoins.
Of course, we need to think positive here and be patience on the altcoin market. I'm sure majority ouf us here has not seen how bleak altcoin would still be in 2019. So be optimistic and look for the long term benefit we can get from it in the next two or maybe three years down the road.