Why?
Because we ourselves who do that decision, doing investment or trading in the crypto should have understood that this will always require risks. I am sure that you are only focused and are ready for the profits to take, but not ready for the risks. that is basic but you forget about it.
Losses in investment and trading will be always here, around us, faced by everyone here. But, we don't need to blame others, we should take the lessons why we lost. We may not be patient, we may be triggered by the FUD and being panic, we may decide any decision hurriedly and without any good analysis.
FUD will be always everywhere, not only crypto.
I suggest you if you are not ready with the risks in the crypto world and take lessons to make better to manage the funds and risks, just quit.
You are right, but not everyone has the same thinking ability and knowledge.
Some people have extreme patience some haven't. Still, there are many peoples who believe media blindly and don't have much analytical skills,
when FUD's coming from a reputed authority like governments or Elon musk or celebrities then they have to believe those FUD's
I must give blame to those authorities who spread FUD knowingly and endanger their followers, they are abusing their power.