Benefits of Bitcoins recent price drop

[karabiber]

Bitcoin is also below the weekly average and seems to support this decline. Of course with the decrease in bitcoin price, the entries of those who want to join the ecosystem will accelerate and demand will increase. However, if you need to give advice to those who will make new investments from here, you should give up on sudden purchases and sales. 

Be sure to be patient and adopt Hodl if possible. Inactivity is better than activity in this market. The market we are in is bearish and if you are going to invest now, never panic and wait. Hope to see you in the good days to come.

[S A KHAIR]

Not only is the recent bitcoin price drop beneficial, but every bitcoin price drop is always beneficial, especially the dumping last year. I even got some bitcoins for $16k, $17k and for me it couldn't have been a bigger win and I won't have such an opportunity again in the future.

[Grasper]

The recent dropping in price of bitcoin is a blessing to those that missed it from the time it should have been bought. I made my analysis on maybe to buy my crypto this week, the analysis was made yesterday but the result states that waiting is better because of the neutral tone of the tradingview signal. The lower price of the crypto will make it be bought cheaper and is an opportunity for safe investors. But it can't go as low as $15k, when it is around $22k, I can buy it.

[michellee]

Only wise and patient people can see the fall in bitcoin prices as an opportunity because they can still buy bitcoins cheaply. But the people who panic about the dips won't see it as a flip because they might sell their bitcoins before they suffer a loss.

If they sell bitcoins, they are already at a loss because the value of money they get is less than before they bought bitcoins. Meanwhile, if he keeps holding his bitcoins, he still has the opportunity to make a profit when the bitcoin price rises again.

And now, we are again allowed to buy bitcoins at low prices. However, we must be wise in buying bitcoin and not buying all-in because there is a possibility that the price of bitcoin will fall again. Try to analyze the movement of bitcoins before buying bitcoins to find the time that works for you.

[CryptSafe]

Impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better.

It is known that panic selling causes alot of price decline in the  Crypto market and this is mostly caused by newbies who have no idea how the market trends works so in that case when they notice a sudden change in price, with the fear of loosing out from their investment, they are quick to press the sell botton when this happens, it gives room for more holders and also for people to bag more at that instance.

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It is known as well that when the market is down that is the suitable and most preferably the best time to purchase more of the bitcoin. This moment gives many holders the opportunity to bag more bitcoin to their already existing holding and also those onboarded will have the opportunity to also purchase in fractions as they can and hold as their plans are.  At this point, it will be a kind of the lesser the price the higher the volume and the demand for it would increase thereby attracting more holders and increasing the purchasing power.

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

When the price is actually down, real holders would be encouraged to hold more of bitcoin so they could have more profits rather than being quick to sell off. When there are no much sells as a result of holding, the price picks up causing more demand for bitcoin.

[dansus021]

The True benefit is when the bitcoin price drop you can buy more you can accumulate more. 

and another benefit is training your patience or your emotion. If you hodler or trader you can still made a profit even tho the price is drop or at the bear market like this. and of course the benefit that your mention before is also included

[Palider]

The benefits of Bitcoin price drops are:

• Bitcoin could be consider on sale since the price is low.
• The weak hands are shaking and jumping out.
• Only the true believer would stay and take opportunity of it.
• It is time to buy more or accumulate more

These are the benefits that I see when Bitcoin price drops.

[Hyphen(-)]

Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

Sure, some pretenders buy Bitcoin and then sell it for a small profit, which is not the right thing to do as a good investor who trusts the Bitcoin process; this has given people who have been waiting for an opportunity to invest in Bitcoin at this reasonable price the opportunity to buy and hold their Bitcoin for future use.

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

The patient Bitcoin holders will also have the opportunity to add more Bitcoin to their portfolio, and they will be more confident in limiting their Bitcoin spending because they trust the process and hope for a bright Bitcoin future.

[Bitcoin_people]

If we want to make profit in investment then we must buy and hold more when the market is in bear market. Then the market will grow once, then sell it and then you can get profit by investing. But there are some new investors who invest without analyzing the market and later face losses and collapse. I think investing should not be impulsive at least but investing wisely will not face loss in future. We always want the value of bitcoin to increase constantly but the bitcoin market is stable and always on the upswing. Therefore, to be profitable in investment, first of all, you have to observe and practice the market well, then you have to invest in the bear market.

[Othellobit]

With the current price, some people will still not invest in Bitcoin Many will still be expecting a fall in the price till it starts rising. It is not new, the benefit n the Bitcoin drop is that Bitcoin transactions will be even, and there is going to be an increase in Bitcoin ownership cuz even those who bought it at a high price will have to buy more instead of selling. It is also a great blessing for a newbie who hasn't invested in Bitcoin before.

[CryptSafe]

The True benefit is when the bitcoin price drop you can buy more you can accumulate more. 

and another benefit is training your patience or your emotion. If you hodler or trader you can still made a profit even tho the price is drop or at the bear market like this. and of course the benefit that your mention before is also included

You are absolutely right mate. You see market down us actually the right time to bah more for those who have eyes on bitcoin to purchase more. When the market is down, some holders who bought high would be in a panic to sell their bitcoin so as not to make loss and this are mostly done by new bies who have no idea how the system works and they buy with the mindset of holding for a short time to making profit and when such scenario occurs they become distabilised and quickly sell without having the thought of holding for a long time.

Lastly as you have stated, this scenario of  bear market   shows how patient some investors and holders could be. When the market is down, it is expected that as an investor holding for a long time, you should be able to hold your bitcoin without allowing the market conditions to force you in doing otherwise.

[danadc]

It is not necessary to look for the benefits of when a bitcoin price falls, it is there in everyone's face, manifesting itself, it is "buy" if from 30 thousand dollars it went to 27 thousand dollars what it tells us is "buy" it is simple, no Nothing more is needed, not much analysis, and if the price continues to drop, what should be done is to continue buying, logic indicates it, because at some point in the history that we are living, bitcoin will have a great ATH and if not, it will take advantage of it. With these opportunities, when will it be used when the minimum is 100,000 dollars? and say that bitcoin is a bubble like they always do..

[Yatsan]

Would basically open opportunity to investors who missed the recent uptrend. But things won't be as easy as it would sound. No one knows when will the market price again increase or even reach new ATH. Therefore, there would be no assurance of until when will an investor need to hold in order to generate peofit from investing in this industry. The correction which took place recently has no certainty of how low could the price be; based on the chart, the market price continued to increase since last january wherein the price was still $15k. In comparison to its present market value, the price could be lower than its current. Would be in favor of those who earned already to again, invest, but would be a bad thing to those who entered halfway of the uptrend because they's be forced to sell and again enter.

[mvdheuvel1983]

Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

I disagree with this statement. It is my believe that anyone who really wants to invest in bitcoin would irrespective of the rise or drop in price. They would have done their homework and learned that Dollar-Cost-Averaging strategy
helps them to buy bitcoin consistently at a specific time whether the price is high or. That is to say, the price wouldn't be their concern. Additionally, investing in bitcoin has nothing to do with the price rather with the individual.

[Obari]

Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

Your reasons are inturn so funny to me especially talking about helping people who have long waited to join the Bitcoin ecosystem and I have to disagree with you because we are trying to recover from the bear market that already lasted for almost a year if not more than a year and you think similar people who couldn't grab the opportunity when the market was fully seated at $17k bear market will miraculously just dive into the market now, hell no this is human dealing with crypto and human must always doubt and there are certainly people who truly want to be part of this Bitcoin journey but unfortunately I don't think they will simply because they are scared of losing any money along the line and it's fine because not everyone must have a better life through Bitcoin or cryptocurrency at large.

The major benefit of the recent drop in price is that it only help those who wanted to buy but the have the money as at then to buy now that's if they now have the money to.

[The Cryptovator]

There are several benefits to a price drop for those who have yet to invest or are waiting to accumulate. A drop in price often indicates an upcoming surge, and experienced traders can take advantage of the volatility. Sometimes, a bear trap occurs when panic sellers exit the Bitcoin market. Personally, if I believe it's the right time to buy, I try to accumulate during major drops.

[QueenVera]

Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understand Bitcoin better.

The drops in prices gives investors like myself windows to buy more Bitcoin at a very cheap price. Price drops are opportunity to buy more Bitcoin and not a window to sell but people sell when there's a drop in price which is very wrong. Their decision make me questions them why they didn't sell when the price was higher but they always think they price will go higher that's why.
People are always greedy when the price is increasing and become fearful when the price is dropping. They refuse to sell when the price is high but when the price then drop, they panic and begin selling, usually those who are guilty of this are newbies or beginners that have no experience of the market or those who aren't using spare money to buy Bitcoin.
When the money invested isn't your spare, you wouldn't be at peace with the market. We shouldn't invest money that are borrowed or meant to be used for other important things in buying Bitcoin or we'll regret.

[Baoo]

In my opinion, the current correction in market is certainly appropriate to invest in Bitcoin and I doubt if it is going to last long, that means it is perilous to wait for a lower price than the recent one. In addition to that, the benefits and drawbacks always existed in every development in market. Simply, buy when the market at red sell at green ( if needed ) and it would be better if you save an acceptable amount of stable coin for better opportunities ( upcoming drops ), indeed the current correction is temporary but what if the opposite happens?  And Bitcoin will keep decreasing dramatically. In conclusion, when a sudden event occurs, analyse the market and expect all possibilities, that would help you in taking decisions.

[ajiz138]

The True benefit is when the bitcoin price drop you can buy more you can accumulate more. 

Accumulating the DCA way, accumulating the lump sum way if you dare all at once, but it's the best way to make the most of it during a downturn.

and another benefit is training your patience or your emotion. If you hodler or trader you can still made a profit even tho the price is drop or at the bear market like this. and of course the benefit that your mention before is also included

Practicing patience, discipline, emotion, not panicking must exist within us so that we are not affected by any FUD which makes us weak, I know this journey is quite long but time will pass quickly and we will soon reach the halving accompanied by ATH ( this is a 4 year cycle) while the price is still dropping, make good use of it whatever way we have to take it if you believe in bitcoin.

[dunfida]

The benefits of Bitcoin price drops are:

• Bitcoin could be consider on sale since the price is low.
• The weak hands are shaking and jumping out.
• Only the true believer would stay and take opportunity of it.
• It is time to buy more or accumulate more

These are the benefits that I see when Bitcoin price drops.

Benefit would only be justifiable if you are the ones who would really be making out such purchase or accumulate or DCA on the time that the price do make out some correction.
We know that commonly that on the time where the market does have this kind of condition then people do even sell out more or simply panic selling because they cant really just
able to bare up that condition and this is where people do differs specially into these conditions or scenarios.

If you do look on the brighter side of things then having these drops are actually that the moment which we could be able to accumulate much cheaper coins.
Basing up into those points above are indeed price and true and people should really be seeing these things to avoid themselves on selling out cheap or in loss.
This had been always the case which it is something that needs to be avoided.