True Bitcoiners love red

[BitBrainers]

I only consider those who loves Bitcoin and holding for years the true bitcoiners because they value Bitcoins system, Bitcoins Decentralization, Bitcoins freedom. Not the one who trade Bitcoin for short term to make profit. True bitcoiners never loves red, Instead we can say real traders love Red.

The distinction isn't that clean. A long-term holder who welcomes red to accumulate cheaper is still a true Bitcoiner. The motivation is different from a trader, but the action looks the same. Loving red doesn't mean you're speculating. It means you understand the cycle.

[Brizi5000]

I only consider those who loves Bitcoin and holding for years the true bitcoiners because they value Bitcoins system, Bitcoins Decentralization, Bitcoins freedom. Not the one who trade Bitcoin for short term to make profit. True bitcoiners never loves red, Instead we can say real traders love Red.

The distinction isn't that clean. A long-term holder who welcomes red to accumulate cheaper is still a true Bitcoiner. The motivation is different from a trader, but the action looks the same. Loving red doesn't mean you're speculating. It means you understand the cycle.

I think this is mostly dependent on how long and how consistently one have been accumulating bitcoin and holding. A long term investor who has been ongoingly buying bitcoin for a while can decide to wait for red before buying and it won’t be much problem to him because he already accumulated some good amount of bitcoin to his portfolio. But someone who’s just getting started don’t need to wait for a red before he starts buying because he may end up not catching it as bitcoin is really unpredictable. So instead of waiting for red as a beginner who wants to invest for long term it will be good to start buying from your discretionary income using the DCA at any market price to reach your accumulation goal before relaxing for reds.

[hd49728]

I think this is mostly dependent on how long and how consistently one have been accumulating bitcoin and holding. A long term investor who has been ongoingly buying bitcoin for a while can decide to wait for red before buying and it won’t be much problem to him because he already accumulated some good amount of bitcoin to his portfolio.

Experienced investors can wait for Red candles and buy the dips quite comfortably determinant while newbies can wait for red candles but they will feel more uncertain at such times, and might hesitate to make their purchases. It's big difference between newbies and experienced investors while the market is only one and it's the same for everyone.

Knowledge about the market, different financial conditions, and preparation for investment capital as well as experience will decide how people see the market, and how they response in a same market. Red candles are cool for experienced investors while they're terrible for newbies.

[Itz-prisigold]

Bear markets help disciplined investors, but they also expose whether someone actually understands what they’re holding or is just averaging down blindly.

A bear market is where an investor's patience is put to the test, as well as revealing whether the investor actually has a knowledge of the assets into which he or she is investing. When price of Bitcoin dropping it is easy for someone to keep buying, but it is much more essential to know why you are buying in the first place.

An investor who has actually taken their time to get to understand the fundamentals of Bitcoin is more likely to view a drop as an opportunity, but however, someone who is purchasing just because the price has fallen will not be in a state of real conviction and they will likely make decisions based on hope instead of knowledge. This is why bear markets are an excellent learning opportunity for investors, they help to distinguish between conviction and blind optimism.

[I_Anime]

Many don’t that the dip is actually cool , instead they will be panic in the market because they are just in for short term gains and stuff, which is not bad still because as long there are long term investors there will also be a short term investor too , but the truth is that when come to bitcoin long term is better .

Buying the dip will give you the privilege to buy cheaper . Because when your sat are not much when the price surges you won’t make much profit like when you have enough sats stack in your wallet .

[Oshio-man]

Since every bitcoiners knew that purchasing bitcoin in the bearish season is the best season for both long term and short term investors, it will be better to visit the market to purchase bitcoin and hold until they are convince that they will earn what will make them to show interest before they can start purchasing bitcoin to have it in mind that they will earn huge income, if you like red light candl in the market doesn't mean that everybody prefer red card light because there are some investors that like dollar cost average ((DCA) while there are some that like bearish season so that they can purchase and hold for long term to achieve what they want from bitcoin investment.

[Insanity]

Since every bitcoiners knew that purchasing bitcoin in the bearish season is the best season for both long term and short term investors, it will be better to visit the market to purchase bitcoin and hold until they are convince that they will earn what will make them to show interest before they can start purchasing bitcoin to have it in mind that they will earn huge income, if you like red light candl in the market doesn't mean that everybody prefer red card light because there are some investors that like dollar cost average ((DCA) while there are some that like bearish season so that they can purchase and hold for long term to achieve what they want from bitcoin investment.

Yes, there are many experienced Bitcoin investors out there who do not consider red candles to be scary, but rather as an opportunity. During bear markets. Individuals can buy more Bitcoin at lower prices, is the reason why long term holders generally will not panic during bear markets. Everyone's approach and tolerance to risk, however, is not the same. There are those who invest using DCA because they don't like to try to time the market and others who wait for big corrections before investing. Ultimately, the love for red candles is more than just a love for the price drops. It's a love for what lies ahead for Bitcoin in the long run. There is more to it than just the market color, it is a clear plan, discipline.

[LogitechMouse]

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.
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And that will be the one single thing that most of the newbies, and majority of the ignorant investors will not learn or realize because for them, the only thing that they want is for the market to go up, and up, and up which we know will not happen, right?

We've seen this for a long time especially for those who are into crypto for years. Bull market will happen then after that, a bear market happens, then after that, 2 long years of accumulation phase where the market will still give you an opportunity to buy at not the bottom price anymore, but still considered as low. If we know that this is the cycle then we must create a strategy based on that. Can I consider myself as a real "Bitcoiner" then because I enjoy this time of the year? I enjoy seeing the market going down, and down because I can accumulate more at a much cheaper price.

Newbies will learn that the good time to buy Bitcoin is during the bear market. Some will only learn it thru experience, and that's fine. Investors make  mistakes and they adjust from them.

[BitBrainers]

Newbies will learn that the good time to buy Bitcoin is during the bear market. Some will only learn it thru experience, and that's fine. Investors make  mistakes and they adjust from them.

The newbie lesson only lands after the experience. You cannot tell someone in their first bear market that red is a gift. They have to feel the panic, hold anyway, and come out the other side. That is the only way the cycle logic becomes real conviction instead of borrowed wisdom.

[JaanusRaim]

Many don’t that the dip is actually cool , instead they will be panic in the market because they are just in for short term gains and stuff, which is not bad still because as long there are long term investors there will also be a short term investor too , but the truth is that when come to bitcoin long term is better .

Buying the dip will give you the privilege to buy cheaper . Because when your sat are not much when the price surges you won’t make much profit like when you have enough sats stack in your wallet .

Do not buy a dip, buy strong undervaluation. The only thing that is important - the ratio between the price and (fundamental) value.

[Byebyebtc]

You honestly do not love red you accept red even if you wanted to buy cheaper if the price moves upward with less retracement that will not be something to discuss about. every investor honestly wants to see their pnl green but regardless it is better to have an investment in Bitcoin overall. Your goal at first should be seeing one of the colours first before you get to decide which one you prefer 

[Orpichukwu]

The newbie lesson only lands after the experience. You cannot tell someone in their first bear market that red is a gift. They have to feel the panic, hold anyway, and come out the other side. That is the only way the cycle logic becomes real conviction instead of borrowed wisdom.

It’s indeed not possible to convince some in that manner; it will sound as if you are telling them that it's okay to lose money, which is exactly how the red market appears to them. It's only when they have experience and survive it on their own can they see the real meaning to what they were being told earlier.

[Rustam Meraj]

Biggest problem of new retail traders is confusing short-term ups and downs of markets with long-term value of decentralized network. ​Well, I think that difference between the disciplined long term buyers and emotional local top buyers, is hardcore value investing attitude. Market belief is idea that rates on discounted assets are you being able to buy much more than they are a time to panic. Price is nothing more than a number that is temporarily displayed in regular money on exchange. Value is in getting a protocol that is strictly limited and unstoppable on the global scale before everyone else does.

[Oasisman]

Biggest problem of new retail traders is confusing short-term ups and downs of markets with long-term value of decentralized network. ​Well, I think that difference between the disciplined long term buyers and emotional local top buyers, is hardcore value investing attitude. Market belief is idea that rates on discounted assets are you being able to buy much more than they are a time to panic. Price is nothing more than a number that is temporarily displayed in regular money on exchange. Value is in getting a protocol that is strictly limited and unstoppable on the global scale before everyone else does.

Good point. A lot of retail traders focus more on short term price movement than the long term value of Bitcoin, but IMO, conviction is another thing that is really important to consider. I think it's easy to say we buy the dip, only if it's a small dip, but it could be a totally different story once a dip is huge.
Now, if their convictions are based on core principles of Bitcoin, then accumulating Bitcoin at the lowest price possible makes a lot of sense, because you will be gaining a good value from it eventually. But if their conviction relies heavily on green candles, then they really don't believe in Bitcoin, but only with its price, and most probably they won't see its great value.
During a bear market, only those people who have a strong conviction in Bitcoin (real Bitcoiners) are accumulating. The rest are just speculating.

[shinratensei_]

Maybe i'm outlier because I like to see green more than red when I'm holding bitcoin. Even though DCA is getting cheaper and yield more bitcoin, but the feeling of seeing the market becoming green and see our savings adding up and worth even more is refreshing for me.
Whatever happens, true bitcoiners will keep buying bitcoin even if the market is bleeding and everybody is jumping ship.

[SamReomo]

A long term investor who has been ongoingly buying bitcoin for a while can decide to wait for red before buying and it won’t be much problem to him because he already accumulated some good amount of bitcoin to his portfolio.

That's true and that's what most Bitcoin investors do, they peacefully wait for the huge reddish candles and accumulate during it, few Bitcoin holders only buy Bitcoin when market gets hugely bearish and that's the time where they start their accumulation.

Such type of investors often avoid small dips and they're the ones who hold their investment for at least 2-4 years and take their initial investment back when Bitcoin gain 1.5x or 2x value during the bullish market.

They believe that the cycle will repeat again and again and when the next bearish market takes place and gets intense and reaches it's lowest dipped state then they start accumulating Bitcoin again. With this approach they take their initial investment back and also increase their Bitcoin portfolio overtime.

[reagansimms]

Bearish markets are the best time to accumulate Bitcoin at a significant discount, as long as long-term fundamentals remain unchanged, price corrections are a buying power accelerator for Bitcoiners. So to distinguish true Bitcoiners from speculators we can look at their reactions when the price drops.

Bitcoiners stick to the fundamentals, when the price of Bitcoin drops, they consider it a discount and will try to continue accumulating it because what Bitcoiners are buying is value. Their principles are very clear, always sticking to the scarcity of Bitcoin, which is only 21 units available, decentralized and cannot be censored. As long as the Bitcoin network continues to operate, the hash rate increases, adoption becomes more widespread, and the fundamentals remain unchanged, then when a bear market arrives, people will be very enthusiastic because they think it's a good deal on sale again.
Meanwhile, speculators who look at charts find it very easy to lose their positions when Bitcoin prices drop and often sell immediately for fear of further price declines. So here it is clear, they are buying the price, not buying the asset, when the price falls, they panic very easily.

I define a bear market as a time machine because it provides an opportunity to buy Bitcoin at 2026 prices, but with fundamentals of 2030 or later. The reason I assume this is because as time goes by, the Bitcoin network becomes stronger, the number of holders increases, and regulations become clearer.

[davis196]

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.

If you truly believe in Bitcoin based on its fundamentals, then a cheaper price (ceteris paribus - if its fundamentals have not changed) is a pure blessing for you, even if you are already heavily invested in BTC, because a bear market increases your BTC purchasing power.

"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down": (Buffett)


It is common knowledge that all investors want to buy assets as cheaply as possible.
The reason we need to talk about this is that many people confuse the words "price" and "value". In everyday language, we often use these words as synonyms, and this causes a lot of confusion. I dare say that you cannot be a good investor if you do not understand the difference: price is what you pay, value is what you get.

I thought that a "true Bitcoiner" is a guy, who doesn't give a damn about the BTC price that much, because he's focused on censorship resistance, privacy, decentralization and all the other good stuff around Bitcoin(the stuff that doesn't have anything to do with the Bitcoin price). Or maybe I'm oversimplifying things too much. I actually believe that you could be a "true Bitcoiner" and a short-term speculator at the same time. The fact that someone is selling his BTC in a bear market only to buy more BTC at a lower price doesn't make him a "fake Bitcoiner". That's what all traders are doing. We have to embrace the ups and downs on the market. I don't want to get back into the "price vs. value" discussion since its already been discussed over a million times on the forum.

[G_Besar]

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Do not buy a dip, buy strong undervaluation. The only thing that is important - the ratio between the price and (fundamental) value.

The problem is that price and value fundamentally won't be immediately known for the future unless we rely on previous market prices. So, buying when the price is falling isn't actually wrong for anyone, as anyone can place a buy order at a lower price when they see the price dropping. Currently, Bitcoin's price is still around $60,000, which isn't too high to buy and is even half of Bitcoin's highest price ever reached, so there's no harm in buying at this time.