Strong Hands buy - ok, but it always depends on how much money you have. In Africa, there are maybe many strong hands, but they do not have so much money as people in Europe. And when I look at countries and their inflation, I think there are many who don't see their value in Bitcoin, because BTC has droped very strongly this year. I'm sure we all know better, but many people don't own Bitcoins. Is it less than 3% of all the people in the world?
The drop is always relative and depends on the moment you enter the space. Imagine you've never heard about bitcoin and join the forums in April or May this year to learn about bitcoin. You wouldn't care much about the drop, on the contrary, it would be a nice opportunity for a newcomer who comes in with some fiat to buy at 20k and next month the price is already at 22 or 23k. You'd be ecstatic, while people who came in last year might feel exhausted after months of downtrend.