i only bought a little PXT on the basis of a tweet from the AVAX whales twitter page. the reason I don't own more is it's only had one big move on january 16th, which it gave back 2 days later.
i guess I can think of better charts and stories to buy into. best risk/reward in a bear market on AVAX. unless the chart looks great, the story is strong, etc.
for example, i'd rather own FOOK than AVAX for the leverage and passive income. but i balance the risk of it being a startup by holding some AVAX, too.