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.

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

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.