Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
Even if we can make that argument based on your explanation which is valid but to me, it depends on your intention for investing in the first place. Some people want to trade and some want to hodl for the long term and it wouldn't matter as at when they bought in and we all cannot have the same profits from investing in Bitcoin and HODLers always have their profits at the end of the day because that was their main purpose, to HODL.