You will lose (and we are currently getting rekt doing this) - if you let margin traders and institutions sell Bitcoin that they don’t own… they will dump on you forever and make more fiat money doing it. These institutions are hedging and shorting Bitcoin because they do not believe in the tech. If you only hold in cold storage and spend fiat money then the price will continue to drop. Your conviction means nothing if you sit back and get outbid.

There’s nothing wrong with using a bit of leverage when bitcoin is weak. Especially if you already have a cold storage savings and don’t spend fiat money. Creating a circular economy will do more for Bitcoin than hoarding it in a vault selfishly.

This is a currency war and there’s no reason to simply let the doubters out bid you in conviction. We need to strategically take the offensive or the paper bitcoin problem gets worse.

In my opinion - save as much as you can in cold storage but you should be deploying longs in weak moments to help the network - it’s highly profitable even in bear markets if you have a decent strategy. If that’s too much risk for you then you should be spending only Bitcoin and not hoarding it in a vault.