If you're in Crypto to make money, you need to be in it for the long haul. I saw my NEO go to $70 CAD several months ago and crash back down to $20 CAD, and today it's close to $150 CAD.
This is a long term investment, we need to make wise decisions, research each crypto we want to invest in or have invested in, trade when necessary, hold when it goes down, buy in when it's low, sell when it's high, and keep researching so that we make decisions that are good for our future financial goals. Nothing based on fear will help that though.
People wanted to make money quickly and they are realising this is not it. It's a long term investment and it will take time. We need to be patient and bide our time and then we can reap the benefits from all that.