Focus on Value Retention

[Rbacs]

While I have been interested in watches for over a decade, I recently purchased my first few luxury watches. I really focused on what I liked versus value retention but so many discussions happened to be focused on value retention/appreciation. Has it always been this way or only the last few years? I can appreciate people not wanting to lose money but why is there so much focus as money other luxury goods don’t necessarily retain their value. Just a general question and not trying to argue that either view is better than another. Any insight would be appreciated. Thanks!