Quote from: francis2 on April 02, 2018, 08:56:54 PM

Quote from: imapessimist on March 30, 2018, 01:45:07 PM

I am 50/50 on this. Is it a good chance to buy and we won't see 6k again or is it a huge risk and it might crash to 2k or even to nothing. Are people buying now or just watching and waiting. There does seem a big volume of Bitcoin changing hands today compared to the last couple of weeks. Are they buying or selling. Why has it gone down so much at the moment. So many questions and few answers. I think it's looking a very risky business at the moment.

The possibilities that you are going to lose all your money by bitcoin crashing to nothing are zero, even a crash to 2000 seems very unlikely, you need to understand that the technology of bitcoin is still as strong as it was in the past so there is not a reason for a crash so big to happen, however if you do not trust in bitcoin then it's better for you to not invest in it or you are going to panic when the price goes down again.

Not really. Anything is possible, even for bitcoin to crash. Its possible for even banks to go bankrupt or for fiat to totally lose its value even. Not to spread any fud or negativity, but I just wanted to be practical and realistic. All investors should prepare for the worst and anticipate if a crash occurs. If you invest everything and then shit hits the fan, then youre in for some trouble.