Traders panic and make rash decisions
But this usually does not end there. I suppose when the rate drops to the right price, the manipulators buy large amounts of crypt and push it up again. Inexperienced emotion traders try to regain initial losses in the second wave of growth, and eventually lose even more. The second wave in its dynamics is usually even more active and durable than the first. Using panic in the market, pampers force hamsters to buy a crypt at the peak of its value, and then sell at a low price when they fear even greater drawdown of the course. This is an interesting operation conducted by traders.