True Bitcoiners love red

[Johnlomape]

Big words, but most BTC believers out there including me prefer seeing BTC in the green rather than red since accumulating BTC for cheap makes zero sense these days. When someone thinks cheap in this context, they usually think cents or a couple of dollars.

Most investors don't believe in continuity or consistency; they rather want to see the Bitcoin they bought at a cheaper price in the green light, forgetting that the red candle is a time to buy cheap Bitcoin and wait for the green. Investors focus on the green light so much that they easily forget what to do when it approaches the red light.

The market needs to be understood because there are times and seasons, each with a role to play. Some people misunderstand the red light; they think it is a time when you can lose your Bitcoin, and of course, if one is not patient enough to hodl when the price of Bitcoin is low and thinks selling is the ideal thing to do, then of course you will end up at a loss. The bear market is a time to exercise patience to hodl Bitcoin because if any other decision is being made, you will end up losing. People are scared of the red because they feel it is not a sign to make quick value, but it is a time to make plans for the future, which many investors don't understand. What they care about is making a profit.

The people that don't enjoy or believe in consistent investments in Bitcoin may be those that are in the market for short term buying and selling. Like the way we see merchants buying Bitcoin in the p2p market, the same way we have investors that are only interested in the benefits not the stay. They are not ready to hold but buy and sell as fast as possible to make quick money instead of waiting for when the price of Bitcoin will appreciate more and that can take a longer period of time.

[yudi09]

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.

Long-term investors overly favor bear market conditions because they can acquire Bitcoin differently than in bull markets.
In my opinion, true Bitcoiners are those who only care about their ability to buy at any price, regardless of whether the market is bearish or bullish. They only care about one thing: buying when they have the money. Therefore, those who tend to use a routine buying pattern regardless of price can be called true Bitcoiners.

[YOSHIE]

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.

Yes, it is true that the Bitcoin market is in the red (down/correction). This situation is indeed the moment that true Bitcoiners have been waiting for, as far as I know, they believe in the general philosophy that we know, namely the basic guidelines for decentralization.

In general, true Bitcoiners tend to focus on long-term goals in HODL terms, with a falling market being a golden opportunity for them, In fact, it's not a panic, in a situation like now they will carry out one of the strategies they often do, namely buy the dip, they often view Bitcoin as the main asset, not other crypto assets, Overall, true Bitcoiners really understand the Bitcoin ecosystem, so it is very natural that they view the red market as a golden opportunity that should not be wasted in making decisions.

[uchegod-21]

Op, you are missing the point. First you should understand who a bitcoiner is . A bitcoiner is not just an investor,  he could also be a miner, a developer, an educator/mentor, a trader, a business person and a regular person who just loves and believes  in bitcoin. What all of these persons have in common is that they all believe in Bitcoin.

Saying all bitcoiners love red is not true. Maybe you can say so for investors, but will you say so for a merchant whose business income will be affected if bitcoin stays red?

I don't think that any true bitcoiner will want to wait till bitcoin is bearish before they accumulate. It is not easy perfectly timing the market. True bitcoiners wouldn't really care about all of that though

[HustleZ]

[…]

That’s a true thing. A person who is a real bitcoiner would be happy to see the market bleed but that is very rare now. There are many self proclaimed experts and believers of bitcoin but all that horse shit is limited to market being green and as soon as the market shifts its momentum towards the downside the fear kicks in which makes the take bad decisions. A true bitcoiner will be happy to see price come dowm as they are seeing chances to buy BTC cheap and not the fear that it wont regain its price, they believe in it being bullish because if you truly under Bitcoin then the dips are just temporary and it is bullish innlong term.

[ZAINmalik75]

Long-term investors overly favor bear market conditions because they can acquire Bitcoin differently than in bull markets.
In my opinion, true Bitcoiners are those who only care about their ability to buy at any price, regardless of whether the market is bearish or bullish. They only care about one thing: buying when they have the money. Therefore, those who tend to use a routine buying pattern regardless of price can be called true Bitcoiners.

Or maybe we don't need to label true bitcoiners, because for one to actually be a true bitcoiner, they don't necessarily need to be making investments. What if someone loves the technology itself and the idea behind it, but they are not financially able to buy and use Bitcoin for now? Can we not say they are true bitcoiners if they are always spreading positive things about Bitcoin and telling everyone how Bitcoin is a great asset and how useful it can be with features such as decentralization? I think it would be fair to call such people true bitcoiners as well.

Personally, I believe a true bitcoiner is not someone who is into Bitcoin only for the profits, and they are always worried about buying and saving as much as they can only so that they can make good profits from it, but a true bitcoiner is someone who may does this but is also fond of the technology and the innovation itself, they are not only driven by profits but they are attracted mostly by the usefulness of Bitcoin and the blockchain technology.

[GeorgeJohn]

Real bitcoin believers don't fear downturns, they see them as opportunities. If the fundamentals remain intact, lower prices simply mean a chance to accumulate more over time. Short-term volatility matters less when your conviction is long term.

To be realistic...Investors utilises the opposite opportunity of bitcoin downfalls and also utilises the opportunity of bitcoin accelerating in price..A good investor in bitcoin doesn't be afraid of bitcoin falling rather it will see it as opportunity to accumulate bitcoin..why if bitcoin increases in price, they're some of the investors who goes into short-term investment, which they're after the little increase that will be added to the price of Bitcoin before they invested..so many investors make a profit due to their targets..

[MRY]

Real bitcoin believers don't fear downturns, they see them as opportunities. If the fundamentals remain intact, lower prices simply mean a chance to accumulate more over time. Short-term volatility matters less when your conviction is long term.

To be realistic...Investors utilises the opposite opportunity of bitcoin downfalls and also utilises the opportunity of bitcoin accelerating in price..A good investor in bitcoin doesn't be afraid of bitcoin falling rather it will see it as opportunity to accumulate bitcoin..why if bitcoin increases in price, they're some of the investors who goes into short-term investment, which they're after the little increase that will be added to the price of Bitcoin before they invested..so many investors make a profit due to their targets..

When the Bitcoin prices rise or fall on the market, many apply various measures. All investors who have targets in making a profit will invariably sell as the price is high. I think this is an excellent idea to fix their profits. Each person has the liberty to decide at what time they wish to get out of the crypto market.

[Bit-Mj1014]

If we discuss from the perspective of investors, it is true that we like to invest at a time when the market is relatively low, but most of the time we cannot actually determine the right time to buy Bitcoin. Now it cannot be said for sure that if the market has gone down a lot, then buying at that level will definitely make a profit because the lower the market has gone, it may temporarily dump more in the future. Similarly, when the market reaches its highest level, we most of the time think that since the market has touched the highest target, the market may dump from that level, but if there is good support in the market at that time, the market can go higher. Therefore, it will always be a good decision for investors to buy using the DCA method, when the investor buys in this method, his buying will continue continuously, as a result, no opportunity in the market will be missed.

Seriously, this is so true. Trying to perfectly time the bottom is just a recipe for stress and sleepless nights. I can't count how many times I thought the market hit rock bottom, only for it to keep dropping, DCA completely takes the emotion out of it and keeps you sane. Thanks for sharing this reminder.
It's so easy to get caught up in trying to outsmart the market, but cheap can always get cheaper is a hard lesson a lot of us have learned the painful way. Stick to a plan, keep it steady, and enjoy life outside of staring at charts all day.