You need to get rid of the idea that you can get rich quickly by investing in Bitcoin. This is not a quick scheme for earning money. Investing in Bitcoin cannot guarantee you profit, but if you invest patiently, there is a great possibility of getting good returns. Bitcoin is the most volatile currency, and it is very natural for there to be a price correction at any time. If the price is slightly down at any time, do not panic, but if you can hold Bitcoin regularly, then it is definitely possible to get good returns. Moreover, it is more convenient for those who do DCA when it is down. In terms of investment, if you keep accumulating a part of your discretionary income in Bitcoin regularly, it will help you risk-free and stress-free investment and you will be able to keep a large part of Bitcoin in your possession in the long term.
I think people should understand that Bitcoin isn’t a get rich quick scheme like a Ponzi scheme where people put money and expect to get some profits back in a short period of time, I would say that whoever treats bitcoin in this nature would be know as a trader. Which is not a very good way of approaching bitcoin, Instead it better to treat bitcoin with a good approach of investing and accumulating bitcoin with a mindset of holding Bitcoin for a long period of time, what we should also understand is that Profit is never guaranteed when investing in Bitcoin and that is why it is wise to invest and hold it for a long term then you could stand a chance of unimaginable returns, Nevertheless whatever happens with the price of bitcoin I’ve choosed in to continuously invest and accumulate more and also apply some aggressive strategies and with a primary purpose to hodl.
This is the common issue of those new entrants in the scene. They think its easy to deal with Bitcoin and flipped quick profits with it.
This is also the common reason on why there are lots of them fall from either bad expectation or getting scam by someone who try to fool them.
To bad that some of them call Bitcoin as ponzi while the fact is they are the one who commit a huge mistake for trading their Bitcoin and engaging on any risky schemes or total scams that's why they lose their money.
If they just learn from other people experience and go directly doing HODL on Bitcoin then provably that they won't experience any quick drops of their capital but rather they would be more happy and inspired to buy more Bitcoin especially if they see their portfolio is continuously growing.