All alts price is down, but the question is !
will all of this new projects take the lead in the next bull run and leave behind good alts that have been in the market for several years ( for example STRAT , SYS , XEM etc.. ).
Its possible but I think its a long shot. There is no denying that there are new projects that looks very promising and it might take the lead in the near future but as an investor, I would rather put my money into something that are already been tested by time and has a good track record in the market like bitcoin and ethereum. Its better if you do both, invest to new and old crypto.