I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
Indeed, except for emergencies, and there is no better option, then I will sell my investment. There is no reason to sell or use my crypto during the bear season. Our goal in investing is to make a profit, and to do that is to buy low and sell high, and a bear market is a time to buy, not sell. Honestly, I believe it's a waste of money to spend bitcoins or potential coins on everyday purchases when we already have fiat available for us to spend.