The L2 bet is based on the fact that gas prices will rise insanely and this will make investors prefer it, but if Ethereum transaction fees continue to be reasonable and the number of transactions being confirmed increases quickly, I do not expect these projects to rise in the coming years.
If you want to reduce losses, invest in Ethereum. If it succeeds and prices continue at low limits and quick confirmations, the price will rise and you will have made profits, and if a problem occurs, L2 prices will rise. Here, all of polygon (MATIC) and Arbitrum (ARB) are two good options.
Yeah, which is risk people are taking with the entire layer2 ecosystem. There are so many layer 2 projects out there and ALL of them bet that gas fee will be higher enough to make people want to use these instead. If they are right and if people do not want to pay those high gas fees and if enough people feel fed up and move to their project then these will go up, but if even one of those things do not happen just enough, that means they are not going to go up.
This is why it is definitely a risky move and I would not be entirely sure about doing something like this. There are situations where the future of the deal depends on the long term and what happens in the middle from here until then, and this is one of those investments.