In its early days, bitcoin was very volatile that was why many people didn't get into it as that was one of their major concerns at that time. And for some, it still is. But now that it is not as volatile as it used to be, more people and institutions are turning to it because even though the profit is not as before yet you can invest in it as an edge against inflation, a store of value among many other beautiful things.

Even with the fluctuations, I still prefer it to the fiat based off of historical evidence and that of its future price forecast. This one will only be enjoyed by long term holders.