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.
All price changes in the market are basically the effects of what the user does, but if the price stops going down, maybe there are many users who buy and then make the demand go up and at that time the price will gradually improve? What we will do ? of course looking for the right time to sell