At the moment, buying alternative coins is very dangerous. I think we should wait until the market turns around before making important purchases.
The risk involved with investing in altcoins is much higher than with Bitcoin itself. You can see that every time Bitcoin falls in price, altcoins follow at an exponential rate. This all means, that they depend on Bitcoin as a reserve currency, since every price movement of it will determine the value of altcoins on the market. But, at some point, altcoins could be well worth the investment if you pick the right ones that will last for a very long time.
With some good amount of fiat, you can buy Ethereum, NEO, ZCash, Monero and other popular altcoins while their prices are declining. Once Bitcoin heads back to its original price, then you could expect for altcoins to do the same, leaving you with double or even triple of your invested money. The most promising altcoin here, would be Ethereum due to the upcoming developments to make it much more scalable over the long term.
If you buy a stake of Ethereum now, once it becomes a Proof of Stake cryptocurrency, you can reap double the reward, as you'll earn money from the stakes generated by holding ETH on your wallet, and from the price increase of the same. By doing this, you'll win in the end, but always do your own research instead of making your decisions based on other’s opinion.
