Oh man do not tell me about alts. They made me lose most of my investment because of that bear season. I still do not understand how some alts can decline by %95, they left some people hopeless in market. If someone is going to enter the market now, I advice them to look at good projects which have high all-time-highs. They will be the ones which will increase the most.
I expected a drop off, but nothing like 95%. Or in some cases, closer to 99%. I thought at around 70%, most alts would have hit their floor. Luckily I didn't buy into any alts at highs, but I'm still at a pretty big loss as I didn't count on this summer dropoff.
But yeah, if anyone bought in at the highs, I can't see any real hope of recovery for a lot of coins. I guess by now most sold off though, taking big losses, but not disastrous losses. And if holding currently, might as well just keep holding ... either the market will recover or one might as well go down with the ship.