I agree with you. Perhaps the person was lying about his Bitcoin investment, because many people claim to be holding some amount of Bitcoin, while in reality they are not holding any at all. How could someone be investing in Bitcoin for two years and not notice any changes in their investment? Maybe they actually invested in the wrong asset that dropped badly, yet claimed it was Bitcoin and pretended not to notice any changes.
Those who invested in Bitcoin two years ago have already made a huge profit by now. It’s almost 3x of what they invested two years ago, because the price was around $125k this year. As you said, it depends on how they hold it, since some people might have sold when the price was around $70k last year.
You have practically said it all buddy, no body that bought Bitcoin or accumulated it two years ago that will not be in a profit already, because it's only ignorance that will make an investor invest in shit coin and sees it as investment in Bitcoin, and these are one of the reasons you will see someone saying that Bitcoin is a scam because they have been manipulated in the past due to their ignorance that they should provide a certain amount of money to invest in Bitcoin, while in real sense it's a fraud, after they realize that their money is gone, they will start thinking that Bitcoin is a scam due to the fact that the name of Bitcoin was what the scammers uses to scam them of their hard earned money, so ignorance is what I sense in this guy's case nothing else.