All of the original ICO moon guys have vanished, sold out and are now fouling up the WAVES and RISE topics. Now this topic is left with people who bought in at the top when it was 0.001.
If you're not holding ETH and BTC atm then you've seriously dun goofed.
Most of all Alts go down if BTC goes up. But while they lose a little bit in Bitcoin in short-term, they increase in $ - value and with a delay they benefit even more.
And Lisk has it all. You talk about a "downfall" but that's not true. The marketcap is rising. You say that all of the original ICO-Investors sold, which is also not true. I'm one of those who bought into the ICO and I sold in between, but I'm back in with more now. Others did the same. And it may go down even a little bit more if BTC rises, in my opinion the chances are high that it will explode at one point. And good is: That can happen if Bitcoin goes up and it can happen if Bitcoin stabilizes in the current range and it's even more likely (near to safe) that it will happen if Bitcoin goes back down.
With less words: In short-term Bitcoin may hurt the price in Bitcoin. But in mid-term, all Bitcoin-scenarios are fine for Lisk!