I, too, do not understand those people who in their wild rage are selling their coins. Why do they lack patience? What do they think? then what is a crypto currency scam? and they are sure of this and go to Fiat for - 30 - 50 percent of the deposit. Is not it funny? I was the same, but did not sell in the negative)
Maybe most of them needed it right a way for various reasons. I sometimes sell alts right away if I ever had a situation where I really need to spend some money. Also, coins are made for us to transact. Most of us see it as an investment because we take profit from it. But the end goal of this cryptocurrency is to be able to use them for daily purposes, though we are far away from achieving that.