Now i still want know when the bitcoin price falls, who are those the fallen prices directly or indirectly affect the most?
Those that panicked and sell their coins immediately are the people that are affected. People that continue to hold their coins will still see the price of bitcoin go up and get to ATH just as it has been in the past.
But they are not the ones that are affected the most. Those people that bought altcoins at a wrong price and the price started to fall. As bitcoin price fall, the altcoins prices will continue to fall which can significantly make the holders of the altcoins lose so much. What is more disappointing is that the altcoins may not increase up to ATH again.
Act is very right in what he is saying abouythe extent of the risk that comes with those that jump in altcoins that were pumped during this period of time, if bitcoin investors are losing 1x those altcoins investors will be losing almost 10x this is how dip and fast altcoins can eat out your entire portfolio compared to those holding bitcoin when price crash.
Another set of investors are those traders who may have opened a trading position when the price of bitcoin was at all time high thinking that the market will keep moving up without possible corrections but at the end, there is heavy correction a d due to high leverage their amount of loses is also significantly high in preposterous manner, so those mostly affected are altcoin investors a d leverage traders who are using high leverage