Why is it that many in the 'old crypto circle' can't hold onto BTC?
Those who have seen $600 find it hard to buy $6,000.
Those who have seen $6,000 find it hard to buy $60,000.
Those who have seen $60,000 may not even dare to buy $600,000.
This isn't a market issue; it's the anchoring effect.
Those who can truly cross cycles have at least three layers of understanding:
First layer: BTC is digital gold, opposing the long-term devaluation of fiat currency.
Second layer: It is absorbing the liquidity of global safe-haven assets.
Third layer: Fiat currency can be printed infinitely, while BTC's supply is fixed.
In a bear market, it's not about courage; it's about cash flow.
With cash flow, you have low-position chips;
Without cash flow, you can only exit passively.
When others treat BTC as a chip,
You should treat it as an asset.
Are you currently thinking like a trader or like an asset holder?
Let's discuss in the comments, how long are you prepared to hold?