The moment now is for identifying solid long term alternatives to invest in this market, so investors can take advantage of cheap prices to prepare their portfolios for the following bullish market which is likely to begin in the coming years. Avoid speculative altcoins which don't have potential to thrive beyond hypes. There must be few worthy altcoins to pick up and the called memecoins aren't among them.
Identifying solid long term projects should not only be applicable for the current moment but it is for all time. It is also not an alternative but it should be our priority. But now, even the solid long term project is down and if we still want to earn something at the moment, then it must be the short term projects that can provide it to us. They are the ones that are alternative here.
Short term projects can be a mix of regular altcoins, tokens and even shit coins and meme coins but yeah, as you said there not all or many of them are worth it but only a few can. So we must be very careful when dealing about them, whether we are a pro or a beginner in this crypto field.