Topic: Benefits of Bitcoins recent price drop - page 6. (Read 755 times)

A fall in the price of Bitcoin can be an opportunity for investors to buy Bitcoin at a lower price. For investors who are familiar with the crypto market and the Bitcoin ecosystem, price drops can be seen as an opportunity to buy more Bitcoin at a more affordable price.

What needs to be understood Bitcoin has grown and become increasingly strong in the ecosystem. This is reflected in the increasing number of large companies that are starting to accept Bitcoin as a form of payment, as well as the increasing number of financial institutions that are interested in investing in Bitcoin. So the late end bitcoin drop I think is healthy.

Yes, well, you can always look at things from an optimistic perspective. The problem is when we have been in the bear market for a long time, being able to buy cheap. You are looking forward to the price starting to rise, although this year it has started to do so and it seems that we are getting out of the hole.


This does not make much sense and also confuses value and price. The value is an objective idea that does not have to coincide with the price at this particular moment, which is subject to the feelings and ups and downs of the market.

Price drops are of course healthy. We've already had numerous price drops so far this year. This one isn't any different. heck we had a much bigger price drop just like 6 weeks ago.

When the price doesn't drop or go sideways occasionally, we end up with something like 2019 when the bear market ended and Bitcoin went from $4k to $13k in like 2-3 months and then we got like 6 months of it steadily going down. The market overheated due to hype of the bear market ending in 2019 and we got a little mini bear market the whole second half of that year which wasn't fun.


This year so far the price action has been very healthy. Price has gone up a bunch but every couple thousand dollars it has stopped for a while or dropped back down to keep things in check and keep the price from shooting up too quickly.

Like, we want Bitcoin to be working its way through the $35k-$40k range over the course of this summer, we don't want it doing that like next month, cuz that would be too fast. And if Bitcoin had just kept going up from $30k this month, instead of taking a breather with a drop, like it has already done several times earlier this year, we'd been seeing $35k-$40k probably in May and then we'd probably be looking at a couple months long down market in the summer which wouldn't be fun for the market.

With the recent price drop of Bitcoin it gives the investors an opportunity to buy Bitcoin at a lower price that is one of it's benefits. But not everyone is willing to invest they are still longing for a much lower price before they will invest. The long time players in this kind of investment are the most capable in investing in bitcoin and willing to take risk because they are already used to the volatility of the market. Taking advantages of the price drop is worth it if you are aiming for a long term investment.

I agree on this. This is always whatI’m thinking whenever the price of Bitcoin drop significantly. It’s a normal correction since we reach 30K from below 15K last year. I think having a 100% growth within a year is already a good achievement for us to less worried on simple price drop like this.


I think only those who take profit are willing to enter when everyone is fear to buy. Normally, non bitcoin holder that doesn’t want to buy on current price will always be scared buying on current price. They will always wait for dip and dip until Bitcoin pump again. They will buy when the price is mooning and not dumping because they will always be scared.

Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value