Lots of people thought Bitcoin only goes up in 2017 and were throwing their life savings in at the top. There were suicides. I'm in a position to not be concerned and think the bull has plenty of more time to run, but lots of irrationally exuberant new investors seem to overextend themselves and get wiped out each cycle. I know this is often repeated common knowledge but after seeing what happened with wsb it probably needs to be said.
my opinion, not financial advice