All investment markets have huge risks, but I feel the same. Now, the altcoin is not suitable for long-term holding, because the market has been in a bear market and there is no sign of a bull market. Long-term holding of the altcoin is not only difficult to earn profits. More likely to suffer huge losses!
Altcoin was never suitable for long term holding, even if not all of them, but most of them and that is why a lot of people who buy at the peak always end up complaining a lot.
The altcoin market is filled with a lot of pump and dump coins and tokens since there are so many of them with no product and a lot of them also with product is still not being used well in real life and that is what would bring about sustainable demand and rise in value for some of them with product and until then, it is more of buying the dip and looking forward to the pump.