I thought it was a good deal to buy Cardano at $0.098 price, turns out I'm in a 25% loss right now. At some point the shorters should stop shorting and the weak hands should be gone right? It looks like the massive sell offs will continue for a while. 
It is better if you stay in Bitcoin or fiat for a while because the market for altcoin is still unknown. If Bitcoin rise it is not sure that altcoin will also follow because there are situation that altcoin suffer a huge loss everytime Bitcoin surge.