Some people think that if they this or that coin, it has only one way = 1000x profit 
they never think this way, it starts with 1000x & whooop down to the ground to -1000x value.
Why they never think of such scenario ?
they never think this way, it starts with 1000x & whooop down to the ground to -1000x value.
Why they never think of such scenario ?
Because the scenario of trader is always want to get profit and never thinking about lose.
So when the price minus then they will just panic. Thats what they did. Panic and sell their asset into lose position.