#USNonFarmPayrollReport
The asymmetry of the market is not only in the asset but in the behavior of those who access it. While part of the capital enters Bitcoin as a long-term store of value, another part treats it as a short-term instrument, sensitive to noise, narrative, and the need for immediate liquidity. Historical data shows that the majority of the supply in profit belongs to long-term holders, while recurring losses are concentrated in late entries, high leverage, and poorly defined horizons. The result is not a failure of the asset but a divergence of strategy: the same Bitcoin that preserves capital for those who understand the cycle destroys margin for those who confuse volatility with constant opportunity. In the end, the market does not punish well-founded conviction — it punishes haste.
