To all of fanatics that claim , you don't lose anything til you sell.
Go tell that bullshit to the guy losing his house and possibility his wife, because his job can't pay the new mortgage.
Or the millions that credit is destroyed.
It is 7 years to restore bad credit, so expect this crypto winter to be as least 7 years.
Does anyone really think BTC can survive a 7 year bear market?
BTC Death Spiral in less than 3 years,
set your watch. 
What proportion of cryptocurrency investors were buying on credit cards or mortgaging their house? I imagine it was pretty small. Do you have any data to support this theory of yours?
Anyone who racks up high-interest debt to buy cryptocurrency probably deserves to have their credit destroyed.