Altcoin is just a vague category. The market has changed a lot and we can't just divide it into altcoin and bitcoin as their price movement are getting independent of each other. There always will be a trend but altcoin price are rising and falling depending on what they do and how they perform. So, its better to choose the right coin for you be it bitcoin or any.
Actually more towards the purpose of the Altcoin project and also our goals, do we want to profit in the long or short term? Even though we know the current market makes altcoin a gloomy thing, it doesn't mean that overall it's not good. Usually people are more interested in fresh new projects, I think it's the right place to get profits quickly.
But also, at the same time, the risk is very high.