The price of a crypto asset matters if you own it already. 

It doesn't matter if you don't own it. It's downstream of market cap.

"Price" used in vernacular is a proxy for market cap. But price is not useful if you don't know market cap.

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> but you don't think for some people price unit bias matters even if it's the incorrect way of thinking?

Sure it does. My point still stands, though.

makes sense for the well-informed person

but you don't think for some people price unit bias matters even if it's the incorrect way of thinking?

so as a well-informed person you should take into account that others might have price unit bias?

this is the biggest gotcha for crypto newbies: without knowing supply, price is meaningless
(market cap [and tokenomics] is what matters)

surprised to see so much confusion about this in your replies

Markets run on psychology. A $0.00001 coin will feel like trash compared to a $100 coin—no matter the market cap. There is unique signal in price.

Exactly price alone is misleading without context. Market cap tells the real story.

The hardest lesson I had was learning that it isn't price or market cap that matters but liquidity. You can have a solid project with a decent price/mcap but if the liquidity isn't rock solid and the price goes down it can all evaporate in a second.

Liquidity/spread/etc seems especially relevant for any memecoins or newly created coins.