Bitcoin prices and Crypto market is crashing but I am HAPPY FOR IT!steemCreated with Sketch.

in #bitcoin7 years ago

Bitcoin price again reached its low and at time of writing this post price has dropped to $9880 BUT I AM HAPPY FOR IT AND HERE IS WHY!

The more prices on crypto crashes the more people who could not afford to enter crypto world will have a chance to do so.
So as me personally I will be able to buy more crypto for cheaper prices.

As all we know that blockchain technology is future and it is here to stay.

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Buy low - sell high is the mantra. #BTFD
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Yep - exactly :)

Maybe I should look more in to crypto.

Yep you should - as even now you are using blockchain technology as steemit is built on blockchain :)

Completely agree with you. Thank you

What do you mean "people who could not afford to enter crpto world will have a chance to do so"? As far as I know, there is no minimum amount on how much one wants to invest in cryptos.

I meant the cheaper it is the better, as now we PEOPLE can afford to buy more and the more we can buy the more crypto is getting integrated into society all around the world - and as a result it will faster become part of our lives and will allow people to share and control their wealth rather than large coorporations like it is now.
Let's put it this way - if prices are high people are not so willing to invest as they think that they missed the boat - but when prices are low there is higher probability that people who where still deciding on wether to getting into crypto migh to so.

You can always use negative things in your favor :) If there is a fire - maybe it damages something but you still can use it to get warm

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