1 BTC is 32,550 USD according to the present rates. A 10.50 USD according to the present rates will be 0.00032 BTC. When 1 BTC reach 1million USD, then 0.00032 BTC will be (0.00032×1000000)USD, which is equal to 320 USD. Bitcoin can't price can't go to zero.
While Bitcoin has a history of recovering after crashes, such a recovery could take months or years. And if investors continue to sell, Bitcoin's price could go much lower before it comes back up. While unlikely, there's also a possibility that Bitcoin could go to zero following a massive sell-off.
What happens if crypto goes below zero? If crypto goes below zero, it means that the value of the crypto has dropped significantly and is now worth less than nothing.
We've established that the value of crypto can never fall below zero. But investors can lose money on crypto investments and see a negative balance depending on their investing strategy.
The only thing that can make Bitcoin valueless is if all governments ban it or render it illegal. However, this consensus is almost impossible to reach. What's more, people would still access their digital wallets and crypto exchanges online.
Can you lose all your money in bitcoin? Yes you certainly can. Crypto is very risky and not like conventional investing in the stock market. Bitcoin's value is based purely on speculation.
A negative balance occurs when you buy cryptocurrency or deposit money into your Coinbase account, but Coinbase has not received successful payment from either your bank or card issuer.
Mark Mobius predicts bitcoin could crash 40% to $10,000 next year. Bitcoin could crash to $10,000, a more than 40% plunge from current prices, veteran investor Mark Mobius told CNBC on Thursday. While Mobius expects bitcoin to hover around its current $17,000 level, the move to $10,000 could happen in 2023, he said.
Any successful and reasonable investor will tell you to only invest in as much as you can afford to lose. This applies to all markets, and even more so to crypto, which can see double-digit drops in hours.
The value plummets and you sell: crypto is volatile with its price determined by sentiment. Though technically you only lose money if you sell an investment for less than you bought it for. This is known as “crystallising your losses”.
'You can double your money' : The promise is the beginning of a scam to take your money and cryptocurrency. Online pop-ups and apps that claim they can double or triple your money are just too good to be true.
The value of the stock itself can't go negative. It can only become zero is the company goes bankrupt. The only case when you can see negative result is if you bought the stock and the price declined.
The Bear Market Will Be Over at the Beginning of 2023
After a prolonged bear market in 2020, analysts and investors are optimistic that the crypto markets will rally in 2023.
Bitcoin Waves model price prediction from 2025 to 2027:
Another projection states that the cryptocurrency could be worth $179, 280, according to Coin Price Forecast. Based on some predictions, Bitcoin will reach $500,000 to $1 million per coin by the year 2025, although this can be described as a weird guess.
The average crypto winter lasts for four years, which means crypto may not recover until 2026. Crypto is still a new and relatively untested market, which makes it much higher risk than stocks.
Will Ethereum Crash to 0 $? It is very unlikely that companies, businesses, and individuals all suddenly stop using Ethereum's blockchain. This might happen if there happens to be a certain vulnerability in the network. Ethereum has been running since 2015, so the possibility of stopping tomorrow is negligent.
Cryptocurrencies have failed to demonstrate either “safe haven” or inflation-fighting properties and are also problematic from an environmental, social and governance perspective.
Like any market, the value of cryptocurrencies fluctuates based on the market's perception of its value at any given time. These fluctuations may be rooted in some of the supply and demand factors mentioned above or can happen as a result of hidden market factors.
Bitcoin's price fluctuates because it is influenced by supply and demand, investor and user sentiments, government regulations, and media hype. All of these factors work together to create price volatility.
If you lose your Bitcoin, you will never retrieve it back. Bitcoin is a circulating asset, there are limited coins in the market. There are not lost, but they complete a cycle. "Unlike fiat currencies like the US dollar, Bitcoin was designed to have a limited supply," said Trezor Blog.
There is no way to recover bitcoin that is truly lost. Some mistaken transactions have been refunded, but only when the counterparty personally knows the sender, which is infrequent. If a private key is lost, then bitcoin belonging to that key is unspendable.
When you use a wallet, you'll be able to unlock both the wallet and the crypto inside using your seed phrase. So, as long as you have the backup recovery seed, you can enter that into a new wallet and regain access to your crypto assets in a wallet, even if it's lost.
Reporting crypto losses using form 8949 and 1040 Schedule D is required by the IRS. Claiming crypto losses on your tax return may allow you to deduct them from your income or offset capital gains, lowering your tax liability.
If you've lost money in crypto, scammers might try to convince you they can get your money back. (Spoiler alert: they can't.)
You can't deduct a net capital loss from your other income. You may be able to reduce capital gains using the CGT discount if you hold your crypto asset for at least 12 months. If you hold the crypto asset as an investment, it will not be exempt from CGT as a personal use asset.