When bitcoin drops in price, long term holders get to scoop up more bitcoin at cheaper prices, whereas people who are planning on selling(for whatever reason) loses an amount of potential profit.
When bitcoin rise in price, people who are waiting for a drop miss out, whereas people who are planning on selling earns more.
It's pretty neutral. There are winners and losers in whatever direction bitcoin goes.
This is true and the previous 2017 price increase and 2018 huge drop is the strong proof of it.
Only strong hands could hold for a long time and gain so much for waiting,
We need to be cautious if we want to earn big in crypto don't let the FUD and FOMO destroy you.