People confuse one particular crypto coin, i.e. bitcoin with cryto. Same as confusing one penny stock with the broad stock market. A lot of the current crypto coins are like bad flash in the pan penny stocks. Shoot up like a rocket, but those company’s product or business plans were flawed and they crash, unlike world class stocks like Apple, or Intel, or...
Yeah, I am aware that Bitcoin and Ethereum are better structured and more responsible than the crypto fly by nighters. Many have made tens of millions by inventing then pimping their crappy, home brewed cryptos.
The new cryptos sold for lower, people friendly, penny stock prices, while BitCoin was in the stratosphere.