Your statement is absolutely flawed in so many ways. People should only look at the history of the Bitcoin price to see that it has a recurring trend of bouncing back from price collapses like this. Yes, there are NO guarantees, but what high risk investment, gives guaranteed results?
Looking at the growth potential and the businesses that are built around Bitcoin, I still think that a price correction is near, but we should never promise anything to "new" investors.
You say
People should only look at the history of the Bitcoin price to see that it has a recurring trend of bouncing back from price collapses like this.
You admit their are no guarantees, but the very 1st thing you did was Imply their was one with your opening statement.
As if it is guaranteed,
Past History is not a guarantee of Future History.If you are investing money and lose ~80% of it in less than a year, a person should worry, they be a fool not too.
Whether they hold, buy, or sell is their choice, but their decisions should not be tainted by false faith in a past history that may or may not repeat itself.
Especially considering the factors that exist now, that have never existed before in btc history.
New Factors
BTC Energy Waste is worse than ever, requiring permits from Government Utilities
Miners have multiple forks to choose from, BTC, BCH, BSV , no longer limited to BTC only as in the past.
BTC is seeing less transactions usuage not more.
Other coins are used as offramps into FIAT now, in the past bitcoin was the only one.
Billionaires are fighting over which fork is the real bitcoin, in the past they all supported only BTC.
These variables can have a massive effect on BTC Future.