How so? Bitcoin is just like anything else, stack until low, buy high. Otherwise you are just paying for people to cash out
Discussion
Bitcoin is unlike anything else.
How ? Those simple concepts are applicable
If an asset exists that has perfect scarcity, and you have the opportunity to own it before most of the world figures it out, then there is no "buy low, sell high." You buy, and you keep buying, because whatever price you get it at now is going to look cheap as dirt in the long run.
Moreover, such an asset is likely to catch you by surprise. While you are waiting for a "dip" to buy, it may rip faces off and the dip you get is when it goes from $100k to $75k instead of the $50k you were hoping for.