Quote from: Rigon on June 01, 2023, 11:27:41 PM

Quote from: Sakanwa on January 25, 2023, 12:48:07 PM

1. Will Bitcoin ever fall to zero someday?
2. What happens if it ever falls to zero?

It will be if this questions are answered without sentiment as I'm open to learn.

I think the Bitcoin market will never go to zero. There can be many reasons why the Bitcoin market does not go down, but there is no single reason why the Bitcoin market does not go down. Will answer your question anyway because since you asked it here you must answer it. How will we feel if the Bitcoin market drops to 0? So suppose your father is a chairman he has ruled for five years, how will you feel when he is deprived of power. You must feel very bad. Because you cannot accept this defeat first. Then slowly forget that bad feeling. There will come a time when you will not even remember your father's defeat. This is exactly what will happen to us when Bitcoin goes to zero.

We cant really be having that assurance because we know that there's no such thing about guarantees that we could have on this world. It might look to be good but we dont know on how long it would be lasting.

Bitcoin might looked a safe haven but doesnt mean that it would be giving out that assurance.Therefore,it would be always recommended that on whatever the amount you had been putting or investing then its only the amount on which you can really afford to lose.Dont go all in and never make yourself get used of your life savings or emergency funds with this. We dont know on what would happen in the future
whether it would really be flying out when it comes to value or wouldnt really be having no progress at all. It would be always varying or depending on the demand as it always be.
We should really be that mindful about our actions or the most important is to mind off about on our risk management or appetite.