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.
You look at it wrong. It give newbies a chance to buy more Bitcoin cheaper. Let say now Bitcoin would be $50k and price would keep growing. How could a newbie aford whole Bitcoin one day. Might take him years of hard work and starvation. No new clothes no new car no hobbies. This way if price goes down new Crypto newbies will be able to bu cheap Bitcoins at $8k and $6k and $4k and cheaper.