Very often people lose money and makes mistakes because they are hurry and do not check everything. When they see when other people earn money they want to earn more but they make more mistakes.
But now despite the fall of the market there are opportunities if to find them and check everything like this
https://twitter.com/thecoinplay/status/1600397696098963457I think that the real rise of the cryptocurrency market will start only after the world economy will start to recovery. For now I do not see the recovery of the market because everything is so unstable yet.
You are right a lot of depends from the global economy. Now economic situation is very unstable and there is a constant crysis that does not stop. In such situation inflation continues to grow and there is a lot of instability in the world.