Most people do not really know how to invest and have never read a whole book about the subject, I know it is kind of disappointing but it is the truth, most people want to obtain profits but they want to do it while never losing money themselves and that is simply not possible, and if that was not enough many want to obtain significant profits without investing a decent amount of capital which is why you see people wanting to obtain 100x profits as ridiculous as it may sound, this market offers a lot of opportunities to make money and we do not really need for the price to skyrocket as much to obtain them but it requires discipline, something that most traders do not have.
Many potential investors are very new to the cryptocurrency market. One way or another, cryptocurrency, due to its volatility, can bring significantly greater profits than transactions in the stock market, but the risks in the cryptocurrency market are much greater. Perhaps that is why the "rich" do not want to take risks and wait for a more convenient time to enter the cryptocurrency market, when they will have a much higher percentage of confidence in the prospects of their investments.