1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.
The best strategy is to buy as it goes down. Don’t buy all at once. Look for the support lines, that’s where you’re purchasing. Resistance is where you’re selling. This crypto winter will last a long time because sentiment is at an all time low. People don’t feel as enthusiastic to invest into the market like before and believe in the projects less.
Agreed, the right way to profit is to buy when the market reaches the bottom. The top altcoins on the market will have slight variation in the rank and not a big deviation. So, it is always good choice to invest at the bottom than buying when the price have begun to progress.
This time the bear market is supposed to last longer, but there is growth taking place in between which is good to book profit at possible points. The growth of ethereum have lowered the dominance of bitcoin which might reflect in the bounce back of few altcoins.