We are currently in correction phase after a huge price rally we have in every altcoin along with bitcoin. Correction might occur in several rounds and we already have few rounds of it and I expect few more round of correction before another bull run.
I agree. It is just painful if someone enters market at highest point and looses 30% on one or two days. I even think some people loose 50% on one day if they just have altcoins in their portfolio
We need to educate people on investing. And they need to do their homework