Post
Topic
Board Bitcoin Discussion
Re: How do I make sure to not lose $ value in BTC?
by
junan1
on 25/07/2017, 05:17:49 UTC
let's say, $2000 today, tomorrow I might have half of it.
so far bitcoin has NEVER lost 50% in one day.

Yeah!  You tell him Herbert!  Bitcoin's never lost more than about 35% in one day.

From April 9th to April 12th 2013 for example, the daily changes were roughly -25%, -30%, and -35%, and the total 1-week plunge was only about 75%.

Even throughout the 2011 bear market, the price rarely dropped by more than 20% on a single day.  The 93% price drop was spread out over almost six months!

...

Wait.  I'm not helping am I.