I personally believe this is a great time to buy good alt coins. Price is way down as market has shifted to buying BTC. Some more than 50%. What percentage of your crypto is in alts vs BTC ?
This is actually a great time to buy and not only altcoins but bitcoin cash is also doing very well. Most of the coins are currently very cheap some of them have getting dump over 80 to 90 percent and buy them now will make you good money in days to come. However I will not advise you to convert your current bitcoin holdings to altcoins as bitcoin did not need altcoins to grow but altcoins need bitcoin to grow.Is it not risky? Is not at risk by buying various Altcoin that we do not know anything about their future. We better just save or buy a cryptocurrency that is definitely sure to profit like Bitcoin.
Buying Altcoin is okay, as long as we do not buy too much. We buy it with a minimum value of $ 100 each coin. Not too much to buy up to $ 1000. If you're investing in Bitcoin, it's great to buy a lot and keep collecting for that kind of investment. But I do not think Altcoin investment is very promising and I do not want to take that risk.
as you say. Its a big risk but big reward game
Catching the new gem that might go up to ETH and Bitcoin next year could make you rich. Or loose you anything.
But there are chances
While bitcoin gives profit too, a person that only can buy lets say 0.1 ....will never be close to rich.