I would not invest in crypto. I would use it and buy bonds or cds. The interest earned I would spend it maybe a little in crypto.

The reality is anyone can create an altcoin. it is difficult to maintain worth of an altcoin if there are a ton of them out there. Not trying to be negative but I have a feeling this down turn has a lot more to go as there are simply too many promises that never came true and people are starting to realize it.

The whole goal of investing in a crypto is hoping it can replace fiat. Yet many are trading crypto in hopes to earn more fiat. This thought process likely will not lead to stronger demand of crypto.