Some people have been afraid of crypto for quite some time now. I feel majority ought to have overcome this fear.
- People still panic and loose their profits.
- Some panic and loose participating in good projects.
- Some panic is loose their holding.
- Some panic and miss the opportunities in crypto.
If fear does not do any good, why do we then still fear?
They afraid of losing money as you said, in dropping the price of market they can lose their money, also they afraid in all scam projects. They putting their money in unpopular coins and some case that coins is just a scam so they afraid to experience that.