Please don't patronize people with your "emotional" comments.
I fully believe the markets will come back. I also think that it will be at least late 2021 or 2022 before they get back to pre-corona levels. Why? Even under a rosy scenario of fewer deaths, return to full employment in June, etc. The economic financial hangover simply can't be cured in less than a year. And thats an optimistic scenario. it will take time for individuals to make up lost income, businesses to pay off emergency loans, consumers to resume spend. The S&P was at 24X PE pre-corona. I don't see earnings coming back that quickly.
Keep in mind financial and gov't sources have to present an optimistic scenario in order not to make the problem worse. It is only the outliers in government and business leadership who are pessimistic (and they get sidelined or shunned).
For folks who don't need the money, and don't mind holding unrealized losses (or unrealized less gains), by all means go for it. The markets will recover at some point. Could be 2 years, could be 15.
But don't lump those of us who made a conscious choice to recognize what was (and is) going on, and stepped back fully intending to get back in at a lower price point as some type of emotional (hence in your view weak) cases. Many of us are just following an intentional path to end up with a larger nut than we would if we just watched this all happen.
As for myself, the only way I will be worse off if I had not stepped back temporarily, is if the S&P somehow manages to get over 3,000 by early May (and stays there). If that happens (which I would give about a 1% chance), I will be about 3% worse off than if I had not stepped back. I view this as the cost of "insurance". Which for me was a combo of stepping back AA and buying SPY puts.
I invested aggressively in 2008 / 2009 / 2010 when I saw value. This crises will allow investors who have dry powder the ability to make great investments as well.