Despite the red, the market is essentially trading sideways right now. What does this mean for you? This is still a good time to get in to coins, since most of them have yet to "pump" significantly.
I don't think the bull market is over, but this could potentially be one bad news report away from us seeing more of a down trend. So be cautious, of course.
I'm still buying at this time, but only certain coins where I know the amount of loss is minimal based on previous data(like ATOM), and still banking on APR payouts.