The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?
Bitcoin is not ending. It is just merely dropping so that we can buy more bitcoins and start our investment. While everyone else is panicking, I advice you to hold your bitcoin because I can see that its price will increase in later months as it approaches the holiday season. That time of the year is where the industries have higher demands and the economy booms with businesses. Bitcoin and other cryptos are just like these industries.