I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.
i would appreciate an experienced answer.
There is no way for anyone to know when the bleeding will stop as it is practically impossible for anyone to predict where the price of the coins will go. Hold your bitcoins and the altcoins that you have and if you have the money to spare then it is a good idea for you to buy some more altcoins now that the prices are down and hold them for the long term.
Yes i think so, because Playing investment is a tense thing, whether the coin that we invest will have a high selling price later.
While the selling price is low we should not panic keep calm so to overcome it would be wise if we invest some crypto that we think can give advantage, so if there is one crypto that fail there is still another crypto that will cover the losses of the coin and total funds that we invest not be useless.