Isn't it obvious though? but there are those individuals who goes, what I mean is that they could have sold Bitcoin early and stay away specially if we hit the bear market. But on the other hand, there are smart investors who goes and accumulation on that cycle and then wait for the bull to sell and make profits.

And without those who sell, market might not be this liquid, so it's good to us that some of us will get REKT, learn their mistakes and then comeback with a different strategy. But then it will be cyclical, as there will be newbies in the market that don't know how to play the game.