Overconfidence can be detrimental. Are you suggesting investing all your savings in Bitcoin with unwavering confidence? That's not only unnerving but also considerably risky for your future financial well-being. We can't predict how strong our resolve will be during bearish periods, and unexpected needs might arise, compelling us to withdraw a portion of our savings.

Confidence is important, but it must be tempered with wisdom when making financial decisions. Long-term financial stability ensures our survival and the ability to enjoy life. Don't allow yourself to succumb to frustration and stress.