Many altcoins even more volatile that bitcoin, because they do not have the liquidity like bitcoin. It is necessary to hold altcoins somewhere, that is why appear wallets like https://twitter.com/ownrwallet/status/1503739848569589764 which allow to safety store cryptocurrency.
Because of big inflation people prefer to use cryptocurrency and are looking for new and prospective for investment assets to have maximum profit.
It is hard to say when will be a rise of cryptocurrency market, but many people thing that it will be till the end of 2022. It is necessary just to wait till the rise. Now many investors are looking for new and prospective projects for investment.