With the current market downturn certainly the most fundamental thing is to move our assets to other investment tools such as fiat and gold because the risk we receive is very small and our money will not decrease in large numbers but don't forget what happened to Crypto even though many moved their assets but if we don't make a purchase when Crypto's price is below that level it will be very loss because we all often find unnatural prices on Crypto so that such moments are worth following.
With any investment that has a high percentage of gain also has a high percentage of loss. Crypto isn't for the faint in heart. I think the probability of high returns is why people still invest in Crypto. Especially those that don't care about the technology, just the profits they're going to make.
You're quite right mate, thats why still many people invest in cryptos it because of the high profits they could might earn with this ,but they didn't think about the risk they would take it. To minimize those losses they must diversify their portfolio to have more chances of earning profits as well.