There are still many people on the market who panic and sell their coins in case of an unexpected small fall. I think that now prices are too low for absolutely all altcoins and now is a very good time to stop panicking and start buying and storing coins.
At the current market situation, I don't see any reason why people have to panic.
I mean we are seeing great recovery here, bitcoin is close to touching a new high this year and I think if this will continue, it would benefit all of us.
You are right, buying now is a good strategy, it's expected that price will rise more especially in the next half, take this opportunity.