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Look at the current Bitcoin scenario... More than half of the investors who got in are in the red. The price couldn't hold at around $88 thousand, and now we're seeing much lower quotes, around $73.88K. It's that classic: those who bought at the top are taking a hit.
I keep thinking about how this will affect the market in the coming months. Some people are talking about policies that could impact the redistribution of gains and losses in the sector, like a kind of Robin Hood law for the crypto market. The folks who believed that Bitcoin only goes up are learning the hard way that volatility is real.
The interesting part is that these correction moments always bring opportunities for those watching carefully. But in the meantime, most holders are praying for a quick recovery.