The reason many people most especially from the third world countries believe holding crypto in place of cash is better is that they fear the fall in their exchange rates as against the dollar. But most forget to convert their bags of coins or tokens to stable coins to avoid the losses attached to the crashes in price. Most people who hold crypto from the developed countries and eventually fall into losses after they have initially made a lot of profits do so as a result of their greed. Greed of not satisfying with little profits is what drives many into losses in the Cryptocurrency world.