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...or it might go to 0? Bitcoin is many things, but it certainly is not a savings account.
by chillydawg 9y ago
...or it might go to 0? Bitcoin is many things, but it certainly is not a savings account.
- pattle 9y agoTrue it could, but theoretically the price should always go up. Plus there's risk in anything. I'd have thought that placing money in a foreign country is also pretty risky if you're not a citizen
- bboreham 9y agoNo. No, no, no, no, no. The price you can sell an asset for is whatever someone is willing to pay, on that day. If sentiment turns and everyone is selling bitcoin, the price will most definitely not be going up.
- dice 9y agoDogecoin should also have theoretically been always going up. I seem to recall something about the moon...