Buying HEX right now is like buying at a all-time high because the value isn't depreciating, if altcoin is what you want to get into look for those that have already lost 70-90% of their value like Luna for example, not financial advice but recovery is possible in the short term.
Luna will find it difficult to recover in the short term because many investors have left Luna and have neglected Luna as their investment area, so if you suggest Luna again from now on, then consider the risks because a decline in returns is also very likely to occur.
I'm not so sure Hex would be a good investment. but if want to get short term profit I think the current price is still good enough to enter. today Hex corrected quite large, 10%. and that can be a start for us to enter. but I'm not interested in this asset myself.
whereas for assets like Luna, as you said, many investors withdraw their money. but what if there are investors who start to come in with large amounts? it could be a powerful pump again for Luna. today itself there is a fairly large increase. Gradually, I think the Luna team will rebuild investor confidence.