I hope dip is not more than now, maybe if price start to be in up trend it will be good. If people late to buy, maybe it is their mistake to miss the train. Or maybe they still can make advantage from it with buy and sell in right time.
Obviously, your points are right in this scenario, But still we have time to buy and hold the crypto. Because train is stop now and it will start to move forward again so those are believe the crypto potential, they only invest all the fluctuation. This is the normal fluctuation on crypto platform and if we can concentrate day trading we can choose desire project or If we choose mid term or long term investment Bitcoin and top altcoins are better investment.