I think the problem is that, a lot people who go into Bitcoin investment often have a misguided mentality about Bitcoin investment, they often believe that Bitcoin investment is often one magical way to get rich overnight or some kind of a liquid asset that they can easily just buy at a low price, wait for a little while and then Boom, there's a sudden increase in the market price and then they sell off, making themselves some good profit. But in reality, it's quite the opposite.
That's just the view of novice investors. they don't know how people who are successful with Bitcoin actually have extraordinary determination and patience in managing their investments.
those who invest in Bitcoin because of hype and FOMO tend to panic easily when they see the market moving against their expectations. that's because they don't actually have any knowledge about the market.
There are indeed more Bitcoin enthusiasts today after seeing the price of Bitcoin increase very high in the last few years. people who used to look down on Bitcoin may now have some in their portfolio.
currently, people are talking about Bitcoin reaching a new ATH. and the situation will also be interesting for new investors to enter.