I dont see it going below 2.50. Also, yes. This is why I always try to make long-term investments. Quick money will most likely just end up losing you money.
Invest in technology. Coins and tokens that solve real problems and have real world use cases. Even if we're in a "bubble" similar to the .com bubble, people invested in the good tech will still win out. Same happened during that bubble. Had you invested in the good tech and not just anything with .com in the name, you would have made massive amounts of money even after the bubble bursts.