Everyone is afraid of bear market but they do not realize that it is the real time that you should be happy. All those people who said "I wish I bought it when it was cheaper" during the bull run should realize that this is the time that it became cheap, you should not be looking at it like it is going down, you should be looking at it like it is getting cheaper, buy right now as much as you can afford (do not risk yourself and buy with money you can't afford to lose) and in few years you will be very happy about buying at these prices.
I am pretty sure that we will reach to 100k+ prices, that means there is still chance of 4x profit on bitcoin alone, and in other coins I can see 10x increases and even more in some of them. So right now, if it is bear market then it means it is time for everyone to buy, if it falls more then you can buy even more.
That's something correct but also scary at the same time. Two reasons people are not happy about it as of right now (some are happy like you but not all) one of them is the fact that there are people who already bought as much as they can so they can't really buy any cheaper, which means the price should stay as high as possible for them to profit, there were after a few people who bought at 64k, and from any price at 40k to 60k there were tons of people who bought, it is great that it is cheap now but if I can't buy right now then what good does it do?
Secondly we are talking about possible bigger fall, it is easy to hope for cheaper price when the price is high but when it is lower then you are afraid of the upcoming price, will it be 30k? 20k? or even 10k? Who knows how much it could fall? That is why they are afraid and not buying at the moment.