Depressed By The Current Price Or Ongoing FUD? Learn About The Vision Of A permabull And Boost Your Motivation By Watching Their Content

A downtrend can be very scary and the tsunami of FUD that often comes with it can create the fear that the end is near. Many panic sell because they think it will be the end of Bitcoin. This creates even more downward pressure and can trigger new FUD events. In a negative market good news will be ignored and bad news will be magnified.

Some in the Bitcoin community will always stay positive no matter how hard the price tanks. These people are the so called permabulls. It might look like these permabulls are unreliable because they will also be positive when it really goes wrong, but I think this is not the case.

Permabulls have a deep understanding of the resiliency of the technology and game theory. They know that the events that lead to FUD will not stop the envisioned scenario from playing out. When you understand the powers that drive Bitcoin you will understand that it will not be stopped by random events.

ZOOM OUT!

When bad things happen it is very important to zoom out and envision the total picture where you always believed in (When you didn't believe in Bitcoin it didn't make sense to invest in the first place). Bitcoin is indestructible, not hackable and governments are not able to enforce a ban or take control over it.

Furthermore, game theory will make a better decentralized system that isn’t owned by anyone eventually replace a worse system, because players involved will be financially rewarded by adoption or punished by rejection. If you understand these two fundamentals you know that the long term path of Bitcoin can only be heading one way, to the moon!

When you believe in this vision and FUD like this comes out:

1. Government ban
2. High profile person says that Bitcoin will fail
3. Bitcoin will be overtaken by a better system
4. People will stop using Bitcoin
5. Bitcoin fails to function as a currency

You just ignore it and know that the price drop is only temporary and new highs will be made eventually. Zoom out and ask yourself wether this FUD event stop Bitcoin from existence, if not HODL or buy more!

When the FUD is still overwhelming watch the content of the following permabulls. Each of them has deep understanding of Bitcoin and they have a long term view and totally ignore temporary FUD. Watching them will increase your knowledge, make you understand that the future of Bitcoin is not about the grace of a government or a positive outcome of a random event.

It will give you peace of mind and drag you through the bear market. Remember, all current Bitcoin millionaires have been through a strong bear market and they are rich now because they HODLed. They felt probably the same as you feel now in the way to get there! These are the permabulls to listen to:

Andreas Antolopolus

Goes around the world to educate people and governments about Bitcoin. Is technical very knowledgeable and financially as well. Watch his content and you will learn a lot about Bitcoin and especially about the big picture!

You can find more about Andreas HERE

Trace Mayer
*Educated in Austrian economics and law, early investor in the Bitcoin industry and proponent of sound money since long before Bitcoin came in existence. The first person to recommend Bitcoin at 0.25 USD and still extremely bullish based on very solid analyses.

You can find more about Trace HERE

Tom Lee
Strategic analyst on Walstreet and extremely bullish based on solid fundamentals.

*You can find more about Tom Lee HERE

Simon Dixon
CEO of BnkToTheFuture and early in the Bitcoin industry. Simon is extremely bullish on Bitcoin because of the feature as uncorrelated asset. He knows that one day every investor want a part of their portfolio allocated to an asset like that.

*You can find more about Simon Dixon HERE

After learning about the long term vision of these guy you should question wether the FUD you are afraid of will have any influence. You will understand that this is ONLY the case when Bitcoin literary stops working. If that happens I promise you, the permabulls will not be positive anymore too, but believe me, the chance that this ever happens is really tiny.

Bitcoin is going to crash!

Bitcoin is growing through cycles and every cycle contains one or more crashes. Till now every crash ended higher than the beginning of the cycle. When Bitcoin doesn't stop working this will continue until mass adoption is reached and the price will stabilize. Until then it is almost sure that you will always gain on a Bitcoin investment when your horizon is longer than one cycle.

Conclusion:

When you have deep understanding of Bitcoin you will be able to ignore random events that lead to FUD and go through a cycle without panic selling and full of confidence. Zoom out and check wether the long term vision is broken. If not, HODL and accumulate. Don’t think that Bitcoin is dead to early, because Bitcoin DIED already 273 times at the time of writing, and…..it is still there.

If the volatility is still stressing you out even after adopting the permabull mentality you can use my DIVERSIFICATION PROTOCOL to cut the sharp edges. Good luck investing in the biggest opportunity in our lifetime and see you at the MOON!

Disclaimer
This is no financial advice, just my view on the market.

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