I remember it collapsing in November 2022

Many new investors have not experienced a bear market. Yesterday, seeing ACT crash felt very scary. Let's take a look at the collapse of LUNA in May 2022, when a mainstream coin ranked fourth by market capitalization dropped 90% on the first day and then another 90% the next day. You can think of it as SOL or BNB dropping 90% in one day and then another 90% the next day. In less than a week, LUNA fell from 120 to zero. The earthquake in the crypto world triggered by LUNA caused altcoins to average a drop of over 50% in just one week. Therefore, apart from BTC, holding onto anything else is not advisable, and the likelihood of altcoins going to zero is very high.