Hi my friend
You dont need to follow all the Altcoins out there. You better do research on some of them - I suggest to go to coinmarketcap.com - and go for the top volume coins like BTC, ETC, XRP and so on. Do your fundamental research - go to their website, read their whitepaper, follow them on twitter, read reddit posts and go to the bitcointalk forum. All of this will give you a pretty good idea of which project is good and which one is not. As far as I am concerned i am not worried about the dropping markets. I am not even surprised either. The markets were in a huge bubble and now the market corrects itself by going down. After some sideways movements, it will go up again. I am in this game for the long run and I am sure it will pay off. Patience is the name of the game. If you want more basic and advanced info you can check out my website(see my profile). I give away lots of free information and help there. I hope that helps :) Keep it up and dont quit!
RE: (Advice please) Is the drop in the crypto market cap concerning?