Strangely, the volatility only seems to be too much during a bear market, or when one happens to have bought high.
Nobody cares during the bull run, they just feel like geniuses.
What needs to happen is for people to think for themselves before they act. You must be crazy to start buying at 17k. Parabolic growth never lasts and is always followed by a strong correction.
If you cannot afford to hodl for years, don't buy. If you cannot stand a bear market, don't FOMO in. In fact, just don't FOMO under any circumstances.
People should do some research before getting into a novel asset class. But who wants to do that?
The situation of the market does not make ideal conditions to anything. You cannot buy or sell with confidence for short term money and you cannot hold on to them because of fear of where the market is going.
This low price falling market does nothing to boost confidence though at some point it will make it more appealing for people to buy at low prices in the hope they make a profit later.