To be honest still many people are not confident about the crypto currency even after the this much growth attained in very short term.This is because still people don't know what is bitcoin but still investing and making money with that.If they need to make the real profits then they need to be very confident with the bitcoin's future.Myself holding the bitcoin in very long term so this can make be patient while the prices dumping and jumping.
Yes, I agree with you. People are afraid of crypto currency because of very high volatility. Until recently, bitcoin has grown to unprecedented heights, and now it has fallen very low. And people have always been frightened by uncertainty