Bitcoin is not a store of value, and anyone that confuses it for such will suffer dramatically.
Short-term, yes they might suffer. If you bought at $60k, your portfolio doesn't look that good right now. But why are you thinking short-term? It's been proven time and time again that its value increases over several years. And don't forget that when bitcoin falls by 10%, alts fall by 20%. When bitcoin falls by 50%, alts fall by 80% or 90% and some never recover. Bitcoin has recovered every time and reached new highs.
The is a proven saying in investing,
Past Performance is No Guarantee of Future Profits.
The problem with Bitcoiners, is that a cult mentality has replaced any reason left,
thinking that a product that ignores the fatal flaws of energy waste, low transaction capacity, & government bans
will continue on a ship to the moon is fantasy.
You would have earned more investing in alts like Doge than bitcoin since 2017.
The major flaw to your thought process is the hodl, you have to sell to profit.
Hodl until you achieve a great profit, then SellZ like your life depends on it, or watch your profit fade away.
Again see the line above in Blue, it is more truthful than any other.
Tulips anyone?
