Re: Is this a bad time for altcoins?

yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.

Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price.

usually amateur traders who always take the wrong action for fear that the market price will fall deeper, but if their coin is a potential altcoin they should be able to wait for the right time to come back even though it takes a not so short time

If it's really a good project then time will come that the coin will pumped, it's hrd to predict the exact time but the possibilities
always present,

You need to work deeper as the volatility really hurt your investment if you failed to catch the right asset to support.

Most projects still lack real life use cases, like use cases that really bring benefit to its users beyond just sending value from A to B. That's what they all offer at different transaction fees and speed of course, but it is time to see some use cases in action. That's still too rare.