This is an exaggeration, Bitcoin still have value and yet to become worthless, so the money invested when Bitcoin was at $60 suffer a huge loss but does not become 0.  Whether we trust Bitcoin or not, I am sure an informed investor can wait rather than selling his stash at a loss.


There is a possibility but with how Bitcoin is able to recover its price and eventually break its ATH during bull run, I can say that history might probably repeat itself and we see the Bitcoin price recovering and paper losses being voided by the uptrend of BTC market.