Part of the reason bitcoin dropping so much can hurt so much is that a lot of smaller alt-coins are tired to bitcoin, so it can affect their exchange. It sucks that BTC is dropping so much as it drags the rest of the market down. It does mean it's a great buying opportunity though!
Great buying opportunity indeed! That, I think, is what most people miss. They aren't looking for opportunities to become rich which is when you can buy something cheap that you know will be valuable in the future, but few others can see it yet. That's where real wealth is made.