Post
Topic
Board Speculation
Re: can my bitcoin drop to nothing
by
funbarrel
on 09/03/2017, 22:01:43 UTC
so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please
of course it is possible, and if you don't have the balls to lose as small amount as 40 dollars then maybe you shouldn't be investing in bitcoins at all and should just use it for purchasing stuff? I am holding because I believe in bitcoins and I am sure that the price of the bitcoin is going to grow in a longer term, even if the price went back to 500 dollars I would be holding and if you want to be a good investor and earn money then you should be holding as well.