Are they taking us to support to just drop us off or go higher? I don't know, I guess either is possible. But big money would probably not be smart to do the former.
I would have thought that their aim would be to get us more than just past that support, convincing enough people to take over the buying from them. Then they could wait to dump much higher once the enthused smaller buyers are exhausted.
big players aren't buying bitcoin to later dump higher....
big players are making a small investment that they will ride to the end of time, maybe they will have some fun buying low selling high, but their primary strategy is to make a risky bet that can pay off big in 10 years or not at all.
at least this is the only thing that makes any sense to me, this is my strategy as well, but i'm not a big player, far from it....
I also like the long-termist strategy best (although I'm fairly conservative about where the asymptote maximum price will be), but I fear that there is likely enough big-player incentive to want to make a bull-trap profit, dumping hard, then reloading on cheaper coins again, especially if it's perceived by many to be a legitimate bear market. It might even make sense to ride it for all it's worth until a very convincing bottom has been reached, in order for the subsequent bull market to be all the more successful in the long run. For example, such a bull market would be less likely to suffer further drops once the bitcoin economy is more established. I'm pretty new to all though though, but this seems to ring true to me atm
If you're right, and there are more than just a handful of big investors, what I've said might at least be a contingency.
