I definitely agree with you. My husband and I invest into altcoins for long-term that have actual utilization. Majority are still up and coming with development, but it'll soon enough have utility. When there's an altcoin that catches our attention, you research more into it, read their white to see if they have an actual product and speculate the future use of them.
"The coin is what people focus on and not the technology. And that's backwards." SO TRUE! People are getting into crypto simply due to trend lines. They get excited when they see upward growth, but get scared when the price decreases and end up selling. They need to trust the actual product and hang in there.