I wonder how much longer it will take for people to realize that low prices are a CHANCE to buy, not some kind of disappointment. Instead of taking this chance, they are burying bitcoin. Instead of taking profits or enjoying an increase in the value of their assets, they start buying. They buy at the top of the market, and then they say that bitcoin is a pyramid scheme and a scam. Now I am talking to some people IRL, who are also interested in cryptocurrencies.
I ask: Have you already bought bitcoin?
Answer: No. I'll wait until he recovers.
There must be changes. I don't think all of those people will keep will never learn on their mistakes and will accept to lose money forever but there's no exact time frame if how long they will realize it because there is no way to tell if when will the bear and the bull will come but they will realize it once they witness this two cycle. If you are surveying people about this and you found out that their answer is wrong, you should try to help them correct it.
I know you might think that they will hate you because that was their money anyway but there must be people that are welcome for any advices and you will be surprised that they will thank you for this.