Quote from: rosezionjohn on August 02, 2019, 08:46:25 AM

Another phrase I usually read is "it takes time to develop". This makes their supporters hopeful even if the price and volume keeps dropping.

Yea I see that all the time in the different coin groups I watch... Pretty scary how ingrained that herd mentality is...

Quote from: mjglqw on August 02, 2019, 05:40:42 AM

To be fair, I don't think this statement is being used that much with altcoins though, mostly just with bitcoin.

I definitely hear people say this, and it saddens my heart. New traders especially get stuck in this mindset of "when I stop loss, it always goes back up." Or the ones who dollar cost average into the dirt...