Most of Average Joes didn't think Bitcoin is the best asset for long term holding.

Let's say they have $100K, they will split it to 3-4 assets: first they will invest $50K in ETF (not Bitcoin ETF), second they will invest $40K in precious metal or stock, then the $10K they will invest in cryptocurrency. Usually they will diversify 50% for top cryptocurrency and 50% for shitcoins.

They think Bitcoin is like shitcoins, they use it to make more money through timing the market.

Most people will "buy into the failing knife" and "DCA", but holding longer than 4 years is high unlikely.