A year ago, this information has affected investors. There were many topics, such as a great project, just see how much they raised! and now other times have come 
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Yes, they used to think so, they followed the good news and the crowd, today investors rely only on their decisions..A good investor should do that. Do not rely on the opinion of the crowd.
From time to time, the opinion of the crowd costs us all to listen, but at the same time we need to learn to draw independent conclusions. This is the only way to become an experienced investor.