Being skeptical will only results to procrastination which is very bad, one big thing I have learnt Bitcoin volatility is that if Bitcoin were to be stable new investors will no be coming to the market, meaning that Bitcoin volatility(instability) should not be a problem for as many that intend to buy Bitcoin and hold for long term because it is the factor that makes the market interesting and very much accommodating with the use of the DAC strategy.
Volatility is a buying opportunity, and a market can never move forward without volatility. When an investor plans an investment, he should first take a good look at the Bitcoin market. If he looks at the Bitcoin "from the beginning to the present" market chart, he can see what the real volatility of Bitcoin is, and how natural the volatility is.
Therefore, if an investor understands the real market of Bitcoin before starting to invest, then he naturally, Keeping his investment consistent, Ignoring the volatility he can continue holding for a long time, And he will try to buy more at the DIP price.
If bitcoin is not volatile there won't be any essence of investing it but the volatility in the market is what make bitcoin interesting to invest. The volatility in bitcoin ls an opportuniy to buy bitcoim and it is an opportunity to gain profit for investors who have been hodling for longtime. Some people who dont understand the market see volaitility as a threat but it is a good opportinuty to buy bitcoin and hodl for the future.