Some one bought a fake Rolex watch on street then the price of that fake watch drops 70% . Is that a good or a bad thing?
If that one bought a genuine Rolex , then the price drops 70%, is that a good thing that he/she will buy more ? Who knows!
How much did each watch cost? If my $100 watch devalues 70% to $30– no biggie. If my $10000 watch devalues to $3000 that’s a significant loss and a huge opportunity cost in regards to other investments.
I‘ll trade potential resale value for a lower initial investment 10/10 times.