I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
Investors who have held Bitcoin for a long time and also still really like to increase their Bitcoin by buying are investors who really know about the history of Bitcoin itself so that they no longer hesitate to continue buying Bitcoin as their investment asset for a long period of time. Currently I still believe that every day there are always investors who exchange their money for Bitcoin with methods that they often use because they no longer think about the potential for losses while still holding Bitcoin.
Meanwhile, new investors will usually be busier looking for references and knowledge for themselves so that their mentality can be better trained when holding Bitcoin or when they want to buy Bitcoin again at this time. Because those who have not been holding Bitcoin for long will usually ask more questions to people who have invested in Bitcoin for a long time so that they can get a little guidance from those who have had earlier experience in Bitcoin.