I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just bought again now that the value has reduced. I still trust that it will increase rapidly soon.
There is nothing but Ethereum, the most trusted altcoin. We know how Ethereum has been before. This altcoin seemed unable to survive during the last bear market period, its price dropped very drastically. But in reality, Ethereum shows that it is the best altcoin, the best cryptocurrency after Bitcoin. So that ETH can survive again and have a very high price increase. And I also believe that it will rise again in the next bullish period.
Though it was the most trusted coin in the market among altcoins, however, some people are rejected this because of earning profit concerns as they are more preferred for easy money and believing in hyped projects. But of course, real investors will choose ETH because of its sustainable potential in the long term which is very important. Well, short-term investors will see a different market view and likely have different categories when choosing projects to invest in. But yeah, it doesn't matter, what is important is that we believe cryptocurrencies will recover after the dip.