You know cryptocurrency market is highly volatile and lucrative market. Anything can happened anytime in cryptocurrency market. I think as a crypto trader everyone should know this following basic things before invest:
1. The first thing you need to do before you invest in a crypto is to analyze its trading volumes. As a rule, always go for cryptos that have high daily trading volumes. High volumes signal to a Cryptos liquidity, and the presence of an active community. The problem with low volume cryptos is that in most cases, they lack a strong community backing them, and they can easily get delisted from exchanges.
2. Once you have narrowed down on cryptos with high daily trading volumes, focus on their historical price movements. You can get detailed idea about the project.
3. Get precise idea about the project by checking their latest update and social media history.
4. Better choose the project which have a large active community members.
5. Always choose the project which are listed on big exchange site or have better opportunity to get listed.
6. Now that you have identified the coins to invest in, you need to find an entry point for your investment.
and yes i think people want bitcoin/ethereum so badly because it is top ranked cryptocurrency in the market which has a great future and recognized by most of exchange sites which facilitates crypto trading, besides primary and widely used cryptocurrency in the crypto market which has a great value.