I think people are scared of taking risks. Specially because the price is not going up. It is gradually going down. But, the wise ones are only seeing it as opportunity to invest and get good amount of profit when the price increases. I'm hoping for that day to come. Let's see what future brings for the investors.
Wise investors invest their money when the market is at its lows and enjoy the yield when the market is at its peak, people selling out now are really foolish they dont understand that bitcoin or any crypto it is will rise as much as 30 to 35k dollars in few years time, invest now enjoy later can be only said to the risk taking investors now, a bit of risk and a lot of patience can actually make them rich pretty fast.