I am sure that there were plenty of peeps selling more BTC than they should because they thought that they could outsmart the situation and failing/refusing to adequately prepare for UP.
We have seen it many times in bitcoinlandia, including guys refusing to cooperate with
my hypothetical and to presume for the sake of attempting to work through my hypothetical that the bottom is in.... guys do not want to do it, sometimes.. they just think more bottom is coming blah blah blah.. which sure may or may not end up happening.
Lots of guys believe that there is more bottom coming so either they fail/refuse to buy BTC ongoingly or they sell a little and considering decent odds of buying back, and hopefully they are not playing with margin when they do some of this betting on down when we had already had a decent amount of down, but we know that frequently they get so much confidence that they do that betting with margin too... even though probably the vast majority of us here, we do not tend to play with margin.. at least not too many of us. Gotta be careful with that shit.. even though there are probably smart ways to play it.. but is it worth it, really.. we have such an asymmetrical bet.. why screw it up by fucking around with it and playing with margin?
How do you lose money in a bull market?
I suppose another way to lose money in a bull market is that you cannot believe it is a bull market.. and you fuck around too much trying to take advantage of how much smarter you are - even after the BTC price had already dipped 50%-ish.. rather than continuously stacking and not fucking around too much with taking chances.
Hey don't get me wrong. I am not going to be blaming any guys for having money in reserve for the purpose of buying various potential BTC price drops along the way.. it does not hurt to have some dry powder at all times for such purposes, but they cannot just do one thing.. especially if they have cash ongoingly coming in.. they should be DCA'ing.. ... they should also be buying on a regular basis, especially during dips.. and maybe there are some exemptions for guys who have already reached fuck you status or multiples of fuck you status.... but any guys who are still accumulating BTC or far from fuck you status should be buying fairly regularly.. at a minimum.. especially during such dippening times and without waiting for more dip that may or may not happen.