Bitcoin fully demonstrates the saying: Pessimists are always right, and optimists are bound to make money. Bitcoin's plunges are numerous, and long positions in contracts have been repeatedly hunted. Pessimism is absolutely the underlying trait of traders. Optimists, on the other hand, enjoy the constant record highs. Although some years underperform US stocks and gold, there's always hope for the next ATH. If you say Bitcoin is dead, that it's no longer what it used to be, then you're not an optimist.