Wannabe investors? Get in, do what you can to get a quick windfall, get out fast. Oh, and at the slightest sign of trouble, they sell out and move on. This kills markets, all kinds of markets, not just the crypto mkt. Speculators have a negative effect, they live on the wild swings in the value of crypto.
Thats it, I think they are just impatient and do not really have the mindset of true investors, going in and getting out fast at a very little fall is seriously dangerous to the market. They start spreading negative rumors that can have negative impact on the market. I think people should be thoroughly enlightened about investment before they are made to commit their money.