The smart people are simply holding on to their coins.
There's no reason to pile into Flashcoin, or any other unproven crypto just because there's a downtrend. That's a rookie move, trying to diversify without studying fundamentals.
A lot of the alt-coins are barely-concealed pumper schemes anyway. Not the best place to be when it starts to move against you. They tend to trade pretty thinly and you won't be happy trying to get out.
Don't be a newbie, just hold your coins or average-down if you have the spare cash.