UPDATE 1: Made it all back in the recent Ethereum and Doge move. Holding multiple coins which are pretty up! The client seems happy now! Thanks all for the support! I was terribly wrong but I have understood how to trade alts now! Will keep you posted about my portfolio.
That is the thing with altcoins, the only coin in this market that you can hold for the long term and be completely sure that it will give you profits is bitcoin, when it comes to altcoins you need to always be ready to get rid of them as soon as you see some weakness because as you can see the crashes in those coins are massive, XRP had a massive crash of 50% despite being the third coin in the market at the time, so I am sure you can imagine the kind of crash that you can see in coins that have lower market caps.