For short term it does not seems so. but in long run you can definitely make so. It would be better that you invest at a lower price.
Your investment can be doubled or tripled but not now maybe sometimes in the future, like 2 or 4 years later I supposed
Well there are chances for the market to move again to the state of equilibrium where the prices will be stable. If this state of equilibrium is achieved, the demand for the crypto will rise because people love to invest in assets with stable prices. So when the demand rises, the prices will also rise and as a result the value of your portfolio will also rise. It might be a double or triple or even more than that rise.