The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
Almost all crypto prices have dropped by 90%, so even though in the end there will be recovery I'm sure it can't cover the losses, so you also have to increase the amount of altcoin you have by bought it at cheap price. But the problem is the most people are afraid to buy back because already several months there is still no changes on the market conditions