Short to medium term there will be drops in this bear market. This bear market can't go on forever, just like the bull market couldn't go on forever. Two sides of the same coin.
It can go almost forever, as we´ve witnessed with many coins that have gone totally bust. It seems that NEM does not belong in the top 20 or even top 50 anymore. I might buy when the price is back to 200-600 sat, now it´s way overpriced.