Usually the time invested on analyzing the market solely depends on how much money you are willing to spend and how will you react if things go south .
But studying the market at such times isn't really that easy because a lot of variables can change the crypto scene in a matter of hours if not minutes .
I think the best thing to do now is either go with Bitcoin , eth or Neo because IMHO i believe that only these 3 will survive/be able to adapt to whatever changes or disasters the market encounters ..