in 2011-2015, gold prices fell by 45% due to rising interest rates, so indeed both in investment and gold trading still contain risks that must be anticipated.
As far as I know, gold had a market cap of 10 trillion in 2011-2015 before it was dumped and pulled down to just over 5 trillion. This is indeed a big drop as gold is considered a safe haven. But that further shows that even a safe haven like gold can be dumped and lose more than 45% of its value. Speculative assets like bitcoin, with their relatively young age and market capitalization of $1 to $2 trillion, they will face greater risks than we think. The worst things we never believed would happen to bitcoin could happen one day.
Therefore, we must be more careful and not be subjective with speculative investments like bitcoin.