There are also such cases when a some one lost money investing in stocks or real estate, then based on his negative experience, he will no longer invest, but will prefer to simply store fiat, despite the fact that inflation will eat up its value with time. Better to have something than to lose everything. Many rich people failed, but they kept moving forward.
We should always try to learn and try to risk more, some investors and trader in stocks or forex knows how to adjust in the market so it will be easier for them to adopt other or new skills but for newbies they should learn to start first and do action, it’s not enough that they have the idea they should make it work. In case of bitcoin many already knows it even before it pumps but many chooses to not use it since they are afraid to try and too scared that they might het scam. People who starts early can be lucky but they are more of a smart person and risk taker to think that there will be something more for bitcoin even it’s value before is less than $1 and despite of some negative news along with it. We are not required to have full 1 BTC we can start at small to lessen our anxiety whether we invest at the right time in BTC.