Scariest bear market is not the price decline — it is when you doubt the entire thesis. That is the buy.
What is happening now has happened before. Chart looks different but human behavior is identical.
What looks like noise today will look like signal in 12 months. Chart tells a cleaner story in retrospect.
This pattern appeared in 2018, 2020, and 2022. The playbook does not change — only the participants do.
People who complain most about volatility are always the ones who didn't accumulate when it was cheap.
