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.
Volatility don't kill the crypto and the investors,ofcourse it is the main reason for bitcoin success in very short time.But as you said it can kill the newbie investor who don't have any trust on bitcoin.
On the other hand the newbie investors the main reason for more bumps and dumps because they even selling their cryptos for small price drops so if they want to make money from their investment then they need to hold it longer and don't care about the temporary price falls.