He's not wrong though, the market did rise today, though not the original price 1 month ago. The price is now currently at $6,700 as of writing this.

Though we can't really predict the future, all we could do is speculate and invest what we can afford to lose. Just like he said, holding is one of the best strategy right now (at least for me) because it's not like Bitcoin isn't growing. Bitcoin is bit by bit growing with adoption and with that, the users, and the price correlates with it. Dumps are just temporary, we've already seen Bitcoin rose many times whenever a dump happen.