Yes, many people have lost confidence in crypto especially the huge dumps of tokens on investors, this has brought so many downfalls in crypto. Even Btc, BCH, ETH of years back isn't same now as people have lost huge. Many altcoins has also brought the downfall of market too. Many are there, many exchanges, many pkatforms but few investors.
I think the current market conditions have started to recover even though the increase is still a little but at least the price has turned green again and there are many more interactions from buyers in the exchange and wait until the price becomes very high usually it happens at the end of the year, if you are confused with so many exchange places available you can look for a place of exchange that has a high trading volume and has a very good reputation for safer trading.