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With the price of Bitcoin dropping below $40k, the majority of altcoins have also experienced a decline. This provides an opportunity for us
to be able to buy altcoins at dip prices, but remember not all altcoins are worth buying. Of the 5 coins you mentioned, I admit that all of them
are popular coins and are among the top altcoins, but unfortunately I have doubts regarding the future of XRP. I think investing in XRP is
a bit risky, considering XRP is still having problems with the SEC, so I prefer the safe way by not buying XRP in the near future until the problem
with the SEC is resolved. There are still many coins that are better than XRP if we do research and analysis properly, maybe Cardano can be
an alternative to XRP in my opinion.
Bitcoin is a main trend setter which basing up on overall experience and times you've been here on this market then you would be mainly be able to recognized these kind of correlation in between price movement
depending on the trend.Therefore, you could really think up some ways on taking advantage on these kind of times even though its not really that an assured thing for you to deal off with.
Invest on what you could take risk because not all the times altcoins would really be making some recovery afterwards.
There is no doubt that Bitcoin's dominance in the market has a considerable effect on altcoins price movements. That's why I always suggest
the percentage of investment in Bitcoin should be higher than in altcoins. Moreover, as you said we have to take into account every risk that
will occur when investing in altcoins. Especially with the large number of altcoins in circulation, not all altcoins can recover quickly when
the price drops. So make sure we choose potential altcoins to buy, we can do research and analysis to prevent us from investing in the wrong
coins. The most important thing is that we don't choose altcoins based on other people's opinions, it will only make us lose money. Because
sometimes other people promote new coins, they have a specific purpose to make pump and dump for personal gain. However, in the crypto world,
we can only rely on our own abilities, because only we ourselves know what is best for us.