Have you ever asked yourself this same question each time you panic sell during a bear market like this ? who are those buying? why are they buying? what will they use if for ? these are the questions i do ask myself and it helped me hodl some of my token and later made some profit from them .
It happens from a psychological point of view. When one person loses money and he no longer has the hope that everything will be fine ( depression), but the person who buys sees the growth potential, as he takes a position lower than the person who sold the coins. I think so.
Of course. But this is a very small percentage. While the market is very small, it is very easy for them to manipulate in order to obtain super profits. therefore, these falls, like growth, are artificially organized. And already under them draw graphics and customize the news. Therefore, it is clear who is buying.