Some people refuse to take profits when their coins and tokens are surging so high.
Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip.
Since price can’t go up all the time.
Some people waste their money because of their greedy attitude and some waste the money because of panic sale. The winners will be the moderate people. If you do an extensive research about the altcoin you are buying, you would know exactly when to buy and at what point during their progress you can sell the coin. Everything was on sale over the past few days. I just took the opportunity to simultaneously purchase more of my favorite altcoins. My holdings include ETH, ADA, LTC, BNB, XRP, and Stakenet XSN. I'm pretty sure once the market candle turns entirely green again, the return of profits is going to be massive.