The general down trend of btc is not bcause of people investing in altcoin people are just cashing out.
The main problem is there is no new volume coming in since a long time, only miners dumping and selling their btc's for Dollars, Euro's...
We had a good time for altcoins couple of months ago, people investing with btc in altcoins but this trend is also as good as over.
Yes there is still money into altcoins, but not enough volume to affect the btc price.
Expect a further downtrend, until something crazy will happen but as for now btc is in bad papers
True, more red to be seen, let's just hope it's not the final descent of crypto, also mining is not profitable anymore for most coins!
yes and was the fool that sank in almost 6 figure into gpus, industrial office rental.... a few months ago. Now i can only cry out :
Shen ah Shen rain some cai unto me
(Dear Almighty, rain some prosperity unto me)
;p
do not despair, when I got into Crypto everyone was selling their rigs as well, and I made it just fine. Spring is here and CAI as well.