Here are some Facts:
1) in 2013 was huge alt coin pump.
2) in 2014 were hundreds of coins created and dumped to almost no value
3) in 2015 Cryptsy stopped (or almost stopped) to list new alt coins.
4) 2014 was bearish in ALTS for 2 reasons:
a) BTC and LTC were dumping whole year and were trying to find the bottom after 2013 pump
b) Many new coins were created every day
5) Almost all alt coins gained value in 2015.
6) My portfolio on Cryptsy is now 10x higher than it was in January 2015
I decided to buy huge amounts of cheapest dead alt coins. In many I have more than 10%. I was buying them since January, when I realized LTC and BTC hit bottom. I took them out of the market. I am gona buy more and more at those cheap prices since I realized I am not the only one doing this strategy.
For me, there is no difference between coin with $Million , $100k or $1000 marekt cap coin. Almost all of them have scam history of some kind. It doesn't matter how many users is using them now. If ALT coin market sinks than those popular will lose community support during time. If alt coin market grows, those cheapest coins will get more % grow on community and value than those more expensive. And the most important is, If I buy cheapest coin, the only way how I lose my money is if Cryptsy delist that coin or if Cryptsy bancrupts. Since I can't install all wallets and I hold almost all my alt coins there, bancruptsy will hurt me, doesn't matter what coin I have. But If I buy more expensive coins, they can still dump heavily for what ever reason.
So I think, the only 2 questions that matters are: Do have alts any future? Will Cryptsy bancrupt in next 2-3 years? If answers are YES and NO, than not buying cheapest almost dead coins with working wallets is mistake. I strongly belive that both BTC and ALTS have future. I also belive that history repeats again and again. And I decided to take the risk to throw some serious money into Cryptsy, even thought I think their owners are shady, incompetent greedy and without vision.