Altcoins are always dynamic, if the majority of top ranking including bitcoin are red then there is a positive Altcoin market because the official number of Altcoins registered in the market is more than 20K, there is always an opportunity for profit so that I think the Altcoins market is always more interesting and profitable.
i don't think that will be a good perspective when there's a such situation in the market, i mean you can say it's positive. because as far as i know most altcoins are affected if those have big market cap is red also. So for me it's quite skeptical to jump in.. Where in much better to make TA so that you can get significant information about the current situation of alts in the market.
If you are sceptical about jumping into alts right now, then you will never be able to maximize your profits. The prices are low right now and that means that you will be able to profit from the current situation, that matters a lot.
But, if you are aiming at something that is a bit riskier, then you are going to end up with a bit of a problem because it would mean that you will buy it when going up, instead of going down like this. If you buy going up, then it means it could drop right afterwards and make you purchase at the top, but if you buy when it’s going down then you could buy at the bottom and it could go back up which would make you a lot more profit that way.