Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.
Not really. It may actually be a positive thing, if you look at it in one aspect. People are coming into bitcoin investing thinking that it's going to make them rich overnight, which is far from the truth. The corrections may not give them financial rewards, but will at least break them out of that delusion that BTC is some magical investment scheme, which it definitely isn't.
Plus, these corrections are naturally a part of the bitcoin's price cycles. If there is a huge, unsustainable pump in a short period, just like we saw with prices going up to nearly $10k from the low of $6.6k, then a correction will occur sooner or later.
There is absolutely nothing that can stop that, it's the market forces acting. Plus, every single bitcoin investor has experienced at least one major correction in their days with crypto, and I don't see that affecting the long term potential of BTC whatsoever.