As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?
Maybe they sell because they have already benefited from selling at a low price, maybe they sell because they need money, and maybe they sell because they are afraid the price will fall, there are still many reasons that might occur considering they are different users . here the point is they are doing that because FOMO- fear of missing out, as said post # 2, just the example they buy bitcoin at a very high price when the bitcoin price is high and they sell at a low price because the bitcoin price falls, they invest only because they follow the trend without knowing much about what bitcoin is, the news and potential that cryptocurrency has.