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/1600397696098963457You 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.
The rise of the market will attract a lot of attention to the cryptocurrency and many people will but it to hold it and earn money on the growth. But now it is very difficult to say if the rise of the cryptocurrency market really start.