This is a good time to invest if you choose wisely. A lot of alts will go down to zero but this show just started. There are hardly any coins which are used at the moment. But you know some will get used a lot. Right now there's a bubble for a lot of coins but remember the dot.com era. Most went down but we do have Google and Amazon...
Back in the days of 2014-2015 nothing much happened to alts. Those who invested back then are rich now.
To me it seems that this is a second (or third) wave which will go down but rise even harder.
The alts with a system behind them rather than some sector with a layer of blockchain on top of them will survive in the
Future.