As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.
The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.
hearing the story, possibly due to several reasons. especially between panic sell as you have said, it could also be due to economic pressure, or other possibilities because the project is not developing so they prefer to sell at a loss then exchange it for coins that are more feasible than before. On the one hand I hope that newbies don't think that investing in crypto can make them rich overnight.