Yes, it's hard to profit in this market conditions. But there are ICOs with low cap and its hard to get an allocation (like Quark Chain or DxChain now). I think they are worth researching.
But I think that still there are some crypto currencies which have good potential and still they are under value, so investing money in such altcoin can give you good profit, but for that you need to study the coin before investing your money there.