A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this
https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.
The problem is that now economic situation in the world very unstable and unpredictable.
People lose their saving because of inflation and needs alternative for investment.
In such unpedictable situation cryptocurrency becomes more stable than fiat.
People just buy cryptocurrency to hold it, increasing the demand in crytpocurrency.
When everybody believe in the growth of the market it is not a good time to sell altcoins.
Many people think that soon it will be growth and it is necessary just to wait.
But nobody knows how long it is necessary to wait till the rise.