We also saw many who start buying BTC in dec 2017 when it was going up. What happen to all those buyers ? They are only regretting that move. Is it established that bitcoin can solve the economic crisis of Venezuela? If that is not proven then this buying is another fomo
FOMO or not, what is clear right now is that Bitcoin has the potential to be of help when a country can be suffering from many economic issues and the meltdown of the national currency resulting into widespread runaway inflation. However, as with the nature of Bitcoin, there are always inherent risks that one has to be aware of because Bitcoin is a very volatile asset hence those people who entered into Bitcoin in 2017 made the bad decision which they regretted.