That is why when we are in the bear market, I only buy Bitcoin and Ethereum, these are the only coins that are worth buying in the long term, some new coins are just hype and shill coins, the only thing that they can do is try, but when you analyze is the dominance is very obvious.
That is true and buy some of these Altcoins is like investing in hyip because it is up today and before you know down tomorrow. Some of them are now find it very difficult to grow and some are dying. It is advisable to invest now in bitcoin, bitcoin cash and etherrum and litecoin and not any of those coins that are dying daily. I have a friend that bought a coin with $700 and currently the coin his holding is below $40. I told him if he could have invested in bitcoin he could have be in profits now and not loses.