In the last days there was like a really big run on the Altcoins. Especially on the ones who had big supply so the price per unit is very low. A big part of that is the human psychology so the average investor wants to own a big amount of units instead maybe even less than one.
There are so many people who made 3000% and more on an altcoin so they have a portfolio like 70% or more just of that coin.
I think if bitcoin becomes more bullish like going to 17-18.000$ the most of them will reduce there big altcoin poistions into solid coins because there are safer and in the most cases the positions growth is just caused by hype.The guys with the big bags aren't this speculative to keep this big bet on one horse even if they know the coin is overrated.
It could also be that this Hype doesn't find an end in the next few weeks but i don't think the mass of the investors are this greedy to keep on pumping money into coins they know nothing about.
I'm invested in Bitcoin and Altcoins but I will keep on focusing my portfolio on the solid established coins because I think if the time comes and we have a new really big correction there will be some hypecoins that will fall much harder then the established community backed coins.
nice trades
Lexicoin