Question is why? What is it? Desperation? Total mania? Tell me. I just can't explain it anymore.
Once their position turns deep into red, they all become "long term investors".
Later, they desperately sell their position near the price bottom. It's magic.
Dunno, i bought some ltc @4$ and saw it go as low as 50-70 cents, didnt bother me back then, i knew that its volatile and that my plan is to hold at least a year.
People who want quick and easy profit without "things getting too scary" should go broke and noone should feel bad for them