When you buy bitcoin, there’s an inherent bias in the moment to want it to “go up.” That is human psychology. You want to have priced bitcoin “right” when you buy it. Especially, when you first buy bitcoin. You want to be in the green, immediately. It reinforces that you made a good decision. But then later, you realize 99% of your money is still in fiat. When bitcoin went up, your purchasing power (in bitcoin terms) went down for the other 99%. When pricing bitcoin in the moment that you buy, you want that individual pricing decision to be a good decision. However over time, you become less sensitive and realize the moment in time doesn’t matter and that you really want to maximize and optimize 100% of your savings while managing volatility. You don’t mind bitcoin going down, whether 10% of your savings are in bitcoin or nearly all of it because it is an opportunity to save more in the present, knowing everything you do hold will increase in purchasing power over time. You never per se like your purchasing power going down (ever) but it’s also an opportunity and you become desensitized to the volatility the longer you save in bitcoin. Long but that is the psychology.