^That is not bad as long as you hold it for a long time and set a goal of profit. Because the market already grew up altogether with BTC and that is the reason you bought tokens at a higher price. But that is not a problem if you set a goal of taking a profit, as they have said, there are no called losses if you will not sell your token under the price where you purchased it. Gambling tokens will take time to arise even though the market shows resistance it just because of the low trading volume.
Buying altcoins when market is very bullish is risky if you don't exit at right times even you have to accept a draw or minor loss. It is more risky when you buying altcoins in bear market which with a downtrend will continue many months. Along their downtrend, there are bounces that are chances for buyers who joined at top to cut their loses or for smart people who rejected to join at tops and waited patiently to buy around bouncing points and get profit.
Very little people who have good discipline to cut loss and have enough patience to wait for bouncing points to hop on and get profit.
A bear market has yet ended so if you want to buy FUN token, it is good but remember to have a plan that last longer than 1 year. Within 1 year or longer, make sure you dollar cost averaging FUN token and have enough patience to wait for bull run in 2024 and 2025.