True Bitcoiners love red

[ThemePen]

Best indicator of market conviction is at bottom end of major bear market when masses are totally gripped with panic. However, pullback in an asset is not always bad thing as it can be once in while opportunity to long term investor to buy larger stake at lower price. So, if you need to think of it as long term savings mechanism and not trading token, reduce price, more your hard earned money goes for your purchase. This mindset approach turns emotional narrative of investing on its head, and enables disciplined and focused savers to see red charts as huge positive for their own wealth.

I think it is fear of day to day portfolio valuations that we need to overcome in order to be able to embrace falling price. While most people say that is their approach, few people have guts to purchase when sentiment is at its lowest ebb. This is defining and stark contrast that occurs in each big cycle as generational wealth moves from emotional sellers to patient accumulators. At the end, it is not simply about enjoying ups of spectacular rally but about being able to see benefits of true adoption when all else fears.

[Cointxz]

One clear thing that separates real Bitcoiners from short-term speculators is that real Bitcoiners enjoy situations where they can accumulate BTC cheaper – a bear market.

I love bear market but I will not pretend that I love more greens over red since it’s the fruit of believing by putting my money during the besr market.

We are all investing to gain in the future so experiencing bullrun is the most satisfying experience unless you didn’t purchase on the bear market.

[Hewlet]

One clear thing that separates real Bitcoiners from short-term speculators is that real Bitcoiners enjoy situations where they can accumulate BTC cheaper – a bear market.

You enjoy the red because you can buy cheaper at that point but in the long run, you want to see bitcoin getting more bullish because that's where the joy lies and you get to see do less of defending of bitcoin like times when the price of bitcoin drops.

Even if you're doing DCA and enjoys the red as times when you get to buy at a cheaper rate, the bull is still the most satisfying time for a real enthusiast that result believes in bitcoin.

[Muba20]

One clear thing that separates real Bitcoiners from short-term speculators is that real Bitcoiners enjoy situations where they can accumulate BTC cheaper – a bear market.

When it comes to investing in Bitcoin, some plan for the short term and some for the long term. But the difference in how much confidence they have in Bitcoin is easy to understand when the market is bearish. For short-term investors, a decline is a red signal. Whenever they see a decline, they quickly panic and sell their Bitcoin. But investors who believe in the decentralized system of Bitcoin and its potential try to increase their purchasing power when Bitcoin falls sharply. These two types of investors have two different attitudes towards Bitcoin.

A good quality product is discounted in the market, people first know about that product. If they think it is a good product, they are eager to take advantage of that discount. In the case of Bitcoin, those who know its true power well are the ones who get very excited and try to take advantage of the opportunity when the price of Bitcoin drops. And those who are ignorant are not able to analyze good and bad. Nothing positive can be expected from those people.

[dwyane36]

One clear thing that separates real Bitcoiners from short-term speculators is that real Bitcoiners enjoy situations where they can accumulate BTC cheaper – a bear market.

When it comes to investing in Bitcoin, some plan for the short term and some for the long term. But the difference in how much confidence they have in Bitcoin is easy to understand when the market is bearish. For short-term investors, a decline is a red signal. Whenever they see a decline, they quickly panic and sell their Bitcoin. But investors who believe in the decentralized system of Bitcoin and its potential try to increase their purchasing power when Bitcoin falls sharply. These two types of investors have two different attitudes towards Bitcoin.

A good quality product is discounted in the market, people first know about that product. If they think it is a good product, they are eager to take advantage of that discount. In the case of Bitcoin, those who know its true power well are the ones who get very excited and try to take advantage of the opportunity when the price of Bitcoin drops. And those who are ignorant are not able to analyze good and bad. Nothing positive can be expected from those people.

Short-term investors, though it would be more accurate to call them traders, panic-sell BTC during a bear market when their leveraged positions are close to liquidation.
Of course, everyone has different preferences regarding how to invest in BTC. However, I believe that BTC is ideal for long-term investing. Trading BTC in the short term also makes sense, but only to try to profit from small market movements, which can then be used to increase your long-term position.

[riscohen4]

Bear market exposes who truly believes in bitcoin long term. The panic mode people display when there is a bear market is that when they first got into cryptocurrency, they didn't start with bitcoin. They started with all those shit coins. That made them feel all coins are the same. Go check true bitcoiners. Red days are happy days.

A lot of things separates true bitcoiners from Just mere followers. And that is understanding the core concept of Bitcoin and what it aims to achieve. That alone keeps the fire burning 🥵 to acquire more bitcoin. Most of these mere followers chase the market when it is green. Then a little red shows and they are all panicking. DCA investors handle volatility much better than emotional traders and that is a fact. Keeping it real