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
In my opinion in the virtual currency field everything are volatile , I means to say that the price may be rise to 1000% ( usual.for many coins ) and also many times the price get down and became stable for long run .
And few coins sometimes get down very low , and no one bought at 1 Satoshi rate , so Many types of the coins are available to buy that can get St very low value or 1 Satishi which is totally useless .
But Bitcoin is only the one which has really a big stability and there is no chance to get down because Daily daily news persons entering in this field with the use of the Bitcoin and about 80% of altcoins trading are possible only due to btc .
So here you don't need to get dear to loss , here you need to 2nd week of August , and then you will find that the value of the Bitcoin going increasing .