Considering the investor's point of view, your statement isn't wrong. Just imagine what happens with the investors' feelings now. They bought BP when the price was around $50 and now it is $0,02. I am also speechless to see how huge the drop in BP price is. I still can't believe it for sure!!
The reasons why the price has dropped so much have already been explained several times. From what I see, you and I have a very different perception of what an investor is. An investor invests his time before investing his money, in this way many possible problems and unpleasant surprises are minimized, and even then, problems can always arise. Buying at $50 to try to sell the next day at $200 is not being an investor, it is being a speculator, and speculators do not invest their time before investing their money. Personally, I did not buy tokens on TGE, I waited several weeks to buy, staking and accumulation works for me now.
I understand how people who have bought at high prices feel, but the economic value is something that will grow again as the project develops. As I always say, when the project is really innovative, patience pays.