Many cryptocurrency players have gone bankrupt
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .
not all cryptocurrency players go bankrupt, they just experience a decline in assets and most of them do not sell the asset before the price recovers. Just as crypto players and traders who have long been in the world of cryptocurrency they think to increase their investment, for the reason they believe that the price will be able to recover.
maybe you mentioned is a new player who experienced panic sell to see the current market conditions.
I agree with this, unless Bitcoin value have gone zero it will cause many to go bankrupt but Price is still going well it's just that it has big dip in the last months. Soon enough, it will regain and recover it's price, so it would be possible for those who lose good amount of money to get what they lost. Be patient and just Hold, crypto has a bright future.