a lot of those that were willing to trade their coins got completely destroyed by the correction
This is just natural revolution, they have lost nothing till they sell so the question is why were they forced to sell and if its by their own hand then we cant really blame crypto for their losses but themselves. Usually its about leverage and trading multiples of what they have the ability to own in that time, if I see a frothy market I know these people are always going to get caught out because its just so tempting to act this way but no money is free there is a risk and cost to their actions.
Long term we have a net bias upwards and positive gains from utility and the help that BTC can give to people across the world to enable commerce that might not otherwise occur and save people especially in countries without any stable currency. I can remember
Zimbabwe blowing up its currency before BTC was around, people were devastated the ordinary poor and workers which is most of us. Without a stable way to exchange value it reduces all business and harm occurs so they had to resort to grams of gold which is really not practical to carry out and the prices to do this were horrible, something like 1 gram of gold for a bundle of bread. BTC is not just a play thing, it can help people and I hope it continues to improve this far more then I care about the absolute price moves, alot of transactions are speculative based but actual business settled matters most.