Post
Topic
Board Speculation
Re: can my bitcoin drop to nothing
by
aakashsangwan
on 10/07/2017, 14:35:48 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
Its impossible to happen and bitcoin wont dropped again on $0 value even though its volatile. If that thing would happen not only you would suffer but all bitcoin users specially who invest millions of dollars on it. So there nothing to worry and im glad that you did enter on bitcoin world and that moving up and down on price is just really a normal thing on here.
Just take a look at the current market cap of bitcoins, it's $40 billion and is highest in the cryptocurrency market, and this can't vanish into $0. So relax, everything will be fine and you have invested in right venture.