Told you so!
you are just wasting your fiat ammo.
just play his game and profit!
people who bought yesterday will be selling again in few days and this will create even bigger pressure.
not really everyone, however what I think you mean to say you believe the majority of people buying coins weren't cultists catching knives, and are going to succumb to selling and buying back when the dumps re-occur? I bought at 450 and 420 cad, avg in was 540 cad before hand, and I really think I'll buy again before it can get above 400 cad, I don't sell cause I feel I'd fuck up the timings and it may be a poor reason but its the truth. I don't mind giving my money as support to the bitcoin price discovery phase, ultimately I believe it will help us reform financial systems if I have to lose some value so be it. I just don't see that being true in the long run.
What I meant is that people who were buying thought that yesterday was a clear sign of reversal, others thought that the 30K wall was a clear attempt of manipulation to buy "cheap" so they bought back fast, others thought it was the last sign before the Cho Cho...
What people seem to ignore or don't understand is that once we reach the bottom, no one will miss buying "cheap", because we will be trading at that level for several weeks before going up.