A simple reason is enough to understand why it is good to make ourselves among he strong hands. People continue to buy whenever the market turn negative. At that moment fear too accompanies thinking whether the recovery will happen or not. The simple answer for this, we need to calculate the percentage of people into cryptocurrency last year and this year. With time the users have increased, usage have increased and so will be the demand. This shows the supply demand mechanism push the price harder.
What's crypto? We are talking about bitcoin in this thread.
Strong hands are buying bitcoin.
Whales are buying bitcoins
Intelligent investors are buying bitcoin
Governments are accumulating bitcoin
And those who are accumulating altcoins are greedy non-sense bunch of retail investors, who will get rekt one day or the other. Every day a crypto will be dead but only bitcoin is here to stay forever.
Well, also it seems to me that if people are using the term "crypto" when they are either talking about bitcoin, or trying to describe matters beyond bitcoin but related to bitcoin, but still speaking in vagaries by using the term "crypto" or "cryptocurrency", then it seems that they likely do not even understand what bitcoin is if they cannot find the words to incorporate bitcoin into what they are saying.. or at least to clarify why they are using the term "crypto."
I am not opposed to using the term crypto when there is some attempt to clarify what is being discussed - and sometimes the term "crypto" can be used to refer to shitcoins or to various mostly not bitcoin projects such as ICOs, Defi, NFTs or other pump and dump projects maybe even concepts like blockchain, CBDCs, stable coins can also be fit into the "crypto" category, but many times we are going to need to specify what we are talking about - because overall reference to some space as "crypto" fails to provide any kind of real justice.. unless it is being used as a denigration.. even though the fact that crypto could refer to cryptography, then maybe in that sense it is a field in which various mathematical tools and principles are being applied across various projects including bitcoin (not that I am claiming to understand the actual ways of coding or specifics in which cryptography applications contribute to various projects including but not limited to bitcoin)... but even when the term crypto is used in a context in which bitcoin would also fit, there may well be some needs to clarify the extent to which references are being made to bitcoin as well or if bitcoin is not part of such grouping.. so the devil might be in the details regarding if some shitcoin project is being pumped or equated with bitcoin or if there is an attempt to denigrate bitcoin through the context of such usage - so surely, the set up to the use of such terms will at least tend to help to frame how the term is being used and why such term might be a better choice of words for the given context - rather than just vague references or even references that are sloppy or misleading.