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...
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...