Post
Topic
Board Speculation
Re: Is it possible to lose all your money invested Bitcoin in 2021?
by
Dewi Aries
on 23/06/2021, 22:43:01 UTC
Its not likely to possible to lose all your money invested in bitcoin 2021 because its not possible to destroy bitcoin. The price of Bitcoin can ups or down its entirely depend on people attitude means how positively people accept or reject bitcoin. Also there are some economical term related to price movement that is supply and demand. Actually total supply of bitcoin is fixed at 21 million so if demand increase then price of bitcoin automatically grow. One the other hand bitcoin is more volatile but if nobody wants to accept Bitcoins as a payment any more then it will be worthless and possible to destroy. But this is not likely to happen in the case of Bitcoin because already lots of payment method is available for accepting bitcoin. So what is your opinion regarding this topic let us learn your valuable information.
That is why a lot of people said that "you are not lose yet if you not sell your bitcoin". I think if we pick right coin to made investment, it is very small chance we can lose all our money, i said that because some people invested in altcoins which only get hyped and then the coin can be dead. Because bitcoin itself already proven for so many years it keep grow up and people who still lose, can hold theirs until they can reach price that can be good to take profit.