Being red doesnt mean its the end. For some they take it as good time to buy and hold their coins. Because in this business there is ups and down, most important is you really know how to play with it for you be able to gain not to loose much.
I know the market is decreasing, you are right that the flushed market does not mean this is the end of cyptocureency, we can use the current situation to buy coins at a cheap price, in my opinion the decline in coin prices is not a bad thing if we have a strategy to play