As the story advances, we can also see enthusiasts weren't totally prepared to adopt BTC, as they went into Bitcoin with more funds they could afford to lose, suffering severe losses once Bitcoin entered bearish seasons back then.
This problem is simple you can always hedge if what you worry is volatility, of course it will be complex but in certain scenario where volatility is a deal breaker, just hedging.
Otherwise volatility is unavoidable, even gold is volatile most of the time, fiat is also volatile in term of value its just that people just didnt notice.