I was reading on some threads here and it made me wonder what will actually happen if the price of bitcoin continues to drop? And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?
I think all those crypto holders will be affected of this event falling of bitcoin price since bitcoin has a huge volume that supports all cryptocurrency. When bitcoin continue to fall there are some investors take advantage to buy more and hold it again while others are afraid and starting to sell their cryptos especially Bitcoin. If you believe that bitcoin will survive it is not a problem and to worry instead relax yourself or try to find another ways to earn.
I think that would be the best thing to do by keeping yourself calm and relax.Yes all people here will be affected if the price continue to drop but i don't think it will happen for so long.Remember crypto is so much volatile that any time of the day the price may increase and hit a new high price again.