The misconception of other new investors thinks that altcoins will be on par with bitcoin. They buy a huge amount of altcoins in thinking that someday it will be as high as bitcoin but that doesn't how the market works.

As we daily tackle with the market, it's very common to see that altcoins and bitcoin are always volatile as it is. There is no exact price that it will be as we are thinking. You're right, many are losing because they're committed to altcoins. That's fine if they are also in altcoins but the larger part must be in bitcoin.