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?
Well for me, I think if bitcoin price continue to drop, the newbie holders of bitcoin will sell their coin because they are in panic. Then the true holders of bitcoin will still wait for the right time.
Maybe newbies should learn already how to make a good profit by not resorting into panic selling because they will only lose even more.It's time that they will have to hold long their coins or even buy some potentials coins while the price is still dropping.