Altcoins have been in a severe bear market that has destroyed the faith of most investors, particularly the ones who invested in the last two years. But next bull market will be back soon and should be bigger.
It is after all a cycle of happiness and sadness. The following is an all-too-familiar emotions running in the Bitcointalk forum.
I think we are in step 14 with some remnants of 10, 11, and 13.