Volatility in the short term causes people's confusion/excitement to be positive, with altcoins we need to accept its strong volatility like the current situation of price drops, but also significant recovery in the past 24 hours.
If you are a short-term player recently, most investments are showing some degree of loss, but in this space patience is rewarded with turnarounds in terms of profits. So make sure you still have capital and don't lose your cryptos to funds/whales... because things are going to be tough to test, anyway with crypto investment plans. I think most people don't want to see their capital eroded, but that's the game we accept.
Confusion or excitement is not always positive but there is also negative there. Not all altcoins has a strong volatility and then Bitcoin is also highly volatile and yeah we need to embrace them because it is only the way for us to earn a profit but there are actually people who likes it because they know how to utilize it well to their advantage.
I think the market is only going on one direction now and that is; it is dropping. This is another thing that we must accept apart from volatility. I think that short-term players can't have a kind of patience as the long-term players, so market conditions like we are having now, can be a bad thing for them.