Few days ago, a memecoin investor invested a whooping $1,000,000 dollars in MBAPPE coin and within an hour, his investment was brought down to $9,200 dollars when the scammer removed liquidity causing the price to plummet. Now, this is just one of many sad stories of investing in memecoins.
And often a strong panic occurs and the person ends up selling on an incredible loss, then the Price recovers and they purchase less. Then it is an awful cycle that seemingly never ends. Psychology is hard to beat during unexpected stress. But this should all be expected I believe. They must have been simply deluded to put that much Money into a Shit Coin and not expect the possibility of something bad happening.
Imagine if the investor had invested in Bitcoin, no matter how deep the chart gets it will surely bounce back and there's certainty that he'll get his money back as well as some profit, but in this case his investment is gone and gone forever.
You are giving advice but wrong yourself too. Bitcoin does NOT ensure a positive end of the story 'no matter how deep the chart gets'. Bitcoin is not a savior, nor is it a miracle. It may seem like it if you look onto a historical Chart, but this does not mean it is a forever loop of turning everybody Rich. Be realistic. Bitcoin can drop any time too. Only because it never happened yet does not mean it is impossible.