it seems they are often afraid to invest in cryptocurrency probably because they are less educated so they end up afraid to invest in cryptocurrency.
Right that's why who invested in December got burned when the price free fall at the current rate. So now they are really afraid to go back to the ecosystem again because their desired returns didn't materialized.
And then governments and banks are trying to negate what bitcoin has established specially last year. They are trying to pull it down but making several statements and even disallowing their people not to trade and they will no longer honor bitcoins just like India and Pakistan did.