This is basically just what the whales love, and if you are asking why they are rich and you are not, this is why. They are smart, they see bitcoin going down and think that it is cheap to buy at this price, whereas there are many retail investors who see it go down, and they sell even more.
I think it is obvious that we are not going to see all that much change on the long run, it is going to be a profitable thing to hold bitcoin, sometimes you make a profit in a day, sometimes it takes years, but in the end we all do. This is why it is quite important to just have bitcoin and keep holding it, that's how you make a profit. I do believe that it will take a while before retail investors realizes this, but some of us at least are aware of it, hope more will get there.
I think it is obvious that we are not going to see all that much change on the long run, it is going to be a profitable thing to hold bitcoin, sometimes you make a profit in a day, sometimes it takes years, but in the end we all do. This is why it is quite important to just have bitcoin and keep holding it, that's how you make a profit. I do believe that it will take a while before retail investors realizes this, but some of us at least are aware of it, hope more will get there.
As you said, we are aware of this situation and the number of people who are aware of it is increasing day by day.
They do this all the time and the individual investor always falls into this trap. There is no point in selling bitcoin unless there is an urgent need. There's a lot of news, but bitcoin is holding up. I can't understand what they saw, heard and sold their bitcoins. You want to buy a product in the market at a classically low price. So you need to lower the price first. This is what they are doing now.
Those who sell their bitcoins are trying to buy bitcoins more expensive than the price they sell in a short time. Don't sell and keep holding.
