For sure this is just simply a correction. A correction that the whales chance to gather the weak hand funds by selling their coins during dip while they(the whales)  are buying during dip and traders who knew the market ways are surely one of the silent gainers.

Cake from touched the ath $20 but now the momentum goes dipped and because of this I don't think it is a good pick. Maybe one of the reason why investors invest their money on it is because of the tweet of CZ about cake a sign of giving his support.

I am sufferer like you. I have sold out my 53k AME before listing in exchange. Nobody believed AME will be a good project but team's performance has pulled the project to such a favorable situation. Next the are in touch to list in Houbi Global and Binance-the top 2 exchanges. Investors and holders are hopeful for this project. So we can expect more from this position if market condition will be favorable.

What  regret. Sometimes that's the disadvantage of having a large amount of reward a bounty hunter has received because even the price is low it is still considered as good than nothing. Well, I think the best way to get rid of regret is to be thankful because still you receive a good reward.

We are all hoping into it. Just also quite desperate by thinking that until now my coins are showing no good signs to lift up my tired expectations.

There is that persistent concept in some people that cryptocurrency is just actually making money out of air. In other words, everything in cryptocurrency are based on nothing of really valuable in the first place, and therefore we can say that in the long-term the future of this whole thing is not so bright but bleak. This can be likened to the printing of money which many central banks can be doing right now.

How valid is this assumption and what can be the best argument against this impression?

Somehow you are correct but when we try to bring our attention to bitcoin and to the top 10 altcoins we can also say a different things on it.  Crypto currency is a new way to investment space and to people so there is no doubt that it can be look like to what you have said but in the long run we can't tell the same thing.

Doge is so much risky because of its high volume and even Elon Musk promoted doge causing the coin to pump is still couldn't stop how high the risk to get into because the price had pump only because of the famous person and not by its purpose.

Sounds like we can consider another kind of a potential coin but I think this is still a r isle when you put some money in it specially for the newbies. Only experienced can have the guts to take the risk for every new coin that can catch their attention.

I'm sure Elon Musk is already thinking this idea after he realized how the crypto currency is better for investment. If this will happen there will be another greatest pump of a Newman coin that will happen in the market and surely everyone will talk about it.