Post
Topic
Board Speculation
Re: can my bitcoin drop to nothing
by
AngelSky
on 12/06/2017, 17:17:26 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

It is possible that your bitcoin could have a lower value like $39 to $30 but it will never go to zero as long as it has a value on the market and it will only go to zero value once it is totally dumped or dead which is also very impossible to happen . Don't worry if it is sometimes going down it is only indicating that the price is still moving and it is much possible that your bitcoin would have much greater value if you are going to keep it on your wallet for longer time .

I do not think that bitcoin price will dump to the amount we saw before last halving. Nowadays many altcoins value also turned to 100$ and more. So there no possiblities to see the view which said op title. Not only now every time bitcoin value is good to hold the bitcoin at anytime because it will move to up only in future.