I guess that depends on the altcoins you are collecting, but in overall i think this is the right time. At least if your bags are part of the altcoinseason and rising with them.
As a personal note i have a similar feeling all around what i had in 2016. Most of people are in similiar disbelief of the future. It's just harder to spot because groups of people are way larger so you can easily be a part of a bubble of believers, and those groups are big. Groups of dissapointed non-believers are way larger though. I definitely feed altcoin season coming.
This skepticism is fostered when many suffer losses in a process where they are used to projects being pumped, but there is a repetition in the crypto environment and the game of newcomers early and late
(FOMO).
I also agree that accumulation at this stage is feasible, as there is a lot of activity that is quite clear to shape an uptrend in the next stage, which I quite expect of a cycle. Price increases are likely to occur around Q2 2024. In the current context the doubts if removed by the recognition that we can accept losses of about 50% or more due to volatility and be completely confident that the new cycle will bring profits many times over.