Realizing this as soon as possible makes someone do a lot better. I understand that it may not feel all that well to invest into something that you think bubbled up and could burst at any point, but it is also true that anytime bitcoin has gone up, it has managed to go down eventually as well, that is why it is so important.
I believe that the best thing to do would be keep buying and holding long term, if it ever passes 500k then we already made 10x return which is great, but even if it goes under that price after a while, I bet that if you hold it long enough then it will keep growing. These are all important stuff that we should keep doing, that is how we make some money from it. I believe that it will be quite well without a doubt.
Not a lot of people will understand it, its not going to end that well for plenty of them because they have no idea what they are doing. I get that its not going to be all that easy and we should try to avoid it as much as we could, that's just not how it works at all. I personally believe that we should be staying away from it as much as we possibly could.
The best thing about the current situation is that we are dealing with a market that is volatile and many people think that we are going to see 500k and stay there, we are not. We will move one way or another whatever the price is, and we need to keep focusing on that for a good amount of time. I think that should be the most important part, volatility will stay for good.