The crypto market moves in cycles and understanding these cycles is key to profiting, managing risk and keeping sane. (1) Hold more of the things that rise and less of the things that fall, and (2) cycle adjustment, or trying to have more risk exposure when markets rise and less when they fall. Stick to this and then everything will be fine.
Most of the time I am surprised by the lack of understanding of cycles in the community, cycles happen in every market and even if this is a new market we got cycles as well, many people want another bull market to happen right away when the current cycle in which we find ourselves is the cycle were the bears dominate.
That's true of course as a matter of fact, the lack of understanding is misleading others and that is why they are in a panic selling ICOs. Regarding that matter about crypto has gone to shit,well,I don't think so. It's just for me,the competence is getting higher right now especially there are investors who are very quick and smart in trading and it's hard to figure out things right away.