You have said it exactly the way it is. Some people have to sell for some people to buy. We have witnessed a serious downtrend this year. Only within a few days, bitcoin dropped buy about $2000. For some people, it the end of the road while it means the opportunity to make good gains in future for some people.
Just depends on the people who how much they can afford to lose in this bear trend,when someone can lose completely all their capital still there will be no problem them then they are the people who are going to make more profits than anyone else.
at this time psychology is very decisive, for those who are pessimistic about bitcoin, of course they will go out of the market and suffer losses, but for experienced traders, of course they will increase the amount of their assets because it is an opportunity
Exactly.People who have negative minds about the current downtrend may always resort into panic selling and still losses their money.But for those who are already legends in crypto have already developed their faith in crypto,and are now increasing their portfolio while the price is still affordable.