@kevinwong, Absolutely very interesting & important post to new cryptostuff. I agree with your points. Yep..every cryptos going to the hell. Today all of top cryptocurrency seems red liner sticks.
Steem currently low down under $5, so time to buy more steem. I believe after the the SMTs coming out steem and other some cryptos start a gaining. Better to follow your crypto portfolio. I think ETH can be coming to top list than BTC. Its only my opinion. EOS also attractive ICO project. I'll check other cryptos as you discuss there.
However after some tough period lot of cryptos will be high in this year. Be patience.