what usually make people panic sometimes is lack of patience, and the reason for this is that they tie the investment that is meant to be a long term investment to a short term investment
Yeah the majority of retail investors come in based on FOMO, and they are expecting/hoping that Bitcoin is going to go to the moon within a couple months. Some of them borrow money or invest outside of their means. This is basically just gambling.
Most of the people who invested above $13k in 2017 have now sold their Bitcoin at a loss earlier this year. They did not have the patience or the vision to wait for Bitcoin to go to $100k.
If you buy Bitcoin you have to be prepared to wait years for a return.
What you mean by "ready". Already
lots of merchants started accepting bitcoins as one of payment options. Bitcoin is already a currency but not available for every part of people yet.
Can you buy a cup of coffee while you're on the way to work with Bitcoin? Not yet, not without paying fees which outweigh the purchase. And not without volatility in the price which means that one day your coffee costs $3, and the next day it costs $5.
People will start using Bitcoin to buy their food at the supermarket and to buy their coffee when the price is less volitile.
This will happen after their is mass adoption, which will happen after people buy Bitcoin as a store of value, which will happen after education and regulary people learning and understanding what Bitcoin is.
These things take time. But now is the time when thee is an opportunity to make MASSIVE gains by buying Bitcoin.
Once Bitcoin has become a stable currency, there won't be a good investment opportunity (compared to today). There will be a stable currency.