A hard hit may not be a bad thing, stopping the irrational game in time to really save bitcoin. It would be a real disaster if bitcoin were allowed to become a highly speculative target.
I think the price reduction is a good thing. What do you think?
Yes you are right, the fall of bitcoin prices is not always a bad thing, but on the other side with falling prices we can buy at a cheap price and later we will get a profit by selling at a high price.
Because to some people, failing is a start of the battle again, and the start of opportunity, as we all know that if the price fails, that would be the time to add up more investment that we do have, so it is not always a bad thing, it just depends on us how we interpret it, but we should see the positive side always.