If you aren't exposed to bitcoin currently and view this instability as an opportunity to jump in at the floor of another boom/bust cycle, then that's a good plan (or at least not an insane one).
But that logic only works if you aren't exposed to bitcoin. I expect given your tone and defensiveness that this isn't true and that you're holding a ton of coins right now that you'd be pretty upset to find were worth nothing.
As someone who isn't exposed (I have like .02 bitcoin from a fountain in the early days), but has been an interested observer, the possibility of a crash down to rock bottom does make it seem like a good time to at least be in position to play with cryptocurrencies with some disposable funds. Maybe I'll take out some of my prediction market money that's been sitting since the election.
I wish I would be holding a lot of coins... even if bitcoins drops 50% is still worth a lot, I know the privileged elitist HN guys hate it for some reason, while probably is saving lives as we speak in Venezuela, but my tone is probably due experience dealing with Chinese, and their efficiency in farming every bit of value form everything they touch, for example their recently started to farm pubg.
But that logic only works if you aren't exposed to bitcoin. I expect given your tone and defensiveness that this isn't true and that you're holding a ton of coins right now that you'd be pretty upset to find were worth nothing.