Sure, if you see it that way, then it is plausible for you to put money in it.
I frankly was/am doing opposite of what others do. In life experience, what everyone does is not always the smartest thing.
With that said opposite in 2018/2019 would be to invest in BTC, but as I said “ether” for me personally. Thus never considered.
But I agree in 2018/2019 it was smart to invest BTC as a contrarian, at present not so much.
Similar to what Warren used to say, be afraid when everyone is greedy, be greedy when everyone is afraid.
If we check on this in 5-10 years I am sure this quote will stay true.