Is it possible to lose all your money invested Bitcoin in 2021?

[ultrloa]

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.

Bitcoin price cannot be destroy and turn value to 0 maybe we can see it dumpinh but it will not come unto that situation since bitcoin build already a solid institution. But you can lose all your money if you listen to hype/fuds or whatever that can turn your attention since not everything scattered is true so validate all the information you read before going especially if you have money stack on the said currency.

[adaseb]

I don’t think most people will lose all their money, most will hodl for a few months or years and eventually break even. However I think that many in 2021 either already or in the near future will give up most of their profits.

The most obvious of this is looking at the Dogecoin Twitter feed and how there are people who were up 6-7 figures and never took any profits because they were expecting at least $1 Doge and are seeing their profits disappear.

Eventually what will happen most people will set their stop loss at break even and it’ll cause a cascading liquidation all the way to 5 cents or so which is the origin of this rally pretty much.

[Ararbermas]

Of course it's always possible to happen when it comes investing in bitcoin. But it all depends how you can manage it. Because you know there's a lot of factors that always occur in the crypto space so if you cannot hold your emotions and if you fall to some frauds then it's possible to lose your money without knowing.. Like what you said bitcoin just follow the flow of what people attitude.. So if you can't hold you emotions because that's the most important in order to succeed surely you will end up losing money with it.

[rhodelmabanal]

Well everything is posible in crypto, if we invet in crypto we need to be more temperate and moderatien, we don't know what will happen in the next few days weeks or months. And I think it is always good to set a limitation in every investment to avoid a big loss if ever the bitcoin price drop and by the time that we invest.

[davis196]

It is totally possible to lose your Bitcoins:
1.Making wrong decisions while trading cryptocurrencies.
2.You can lose your BTC if you spend all of them in a Bitcoin scam.
Anyway,I guess that you are asking about the possible ways of the "powers that be" to destroy Bitcoin and the BTC blockchain.
Well,nobody can tell you when the big countries will become hostile against Bitcoin and when they will ban cryptocurrency trading and mining.The possibility of a global crypto ban remains.

[Reatim]

Wrong title ,Because you will never "Lose all your Money" investing in Bitcoin or in all legit currencies running here.

remember that the coins remains but only the value drops but will never back to zero mate so that must be change .

Well everything is posible in crypto, if we invet in crypto we need to be more temperate and moderatien, we don't know what will happen in the next few days weeks or months. And I think it is always good to set a limitation in every investment to avoid a big loss if ever the bitcoin price drop and by the time that we invest.

Yet not enough for Him to lose all his money right?

so from the title itself this is a wrong conversation .

[michellee]

As long as you do not sell your bitcoin, you will not lose all of your money because when you buy 1 bitcoin at $40k and the price is down to $30k, your 1 bitcoin will still 1 bitcoin and it is never change and only the value will change. The value of 1 bitcoin will always change from time to time. There is a chance for bitcoin to increase. It can be back to $40k or $50k or even $100k in the future.

So let say you bought bitcoin at $20k in 2017-2018 and hold it until January-March. You can see the value of bitcoin will change from the lower price to the high price and the peak was at $64k.

And related to the store accepting bitcoin, it can increase more than now as the bitcoin popularity grows this year to attract more store to accept bitcoin.

Not only that you can simply hold and not sell and wait for it to go back up (which means eventually when it goes over 64k ATH price everyone will profit) but you could also buy right now at lower levels and drop your average purchasing price which would allow you to profit easier.

I have a lot of friends who came to bitcoin in 2017 peak periods and I met them on telegram and over the years seen them buy more and more at lower levels, even as low as under 4k levels, and they dropped their average to 8k by the end all the way from 20k, some of them sold back at 20k instead of waiting which was a shame, some of them sold even earlier when they profited but I know a few who still hold their bitcoins, so long story short as long as you keep holding and buying cheaper in the end you will end up profiting or profiting quicker those are the only options.

It is better to hold and not sell and still buy more when the price is down to the lower price because that can help us accumulate more bitcoin. We can expect to make a big profit in the future when the price can back to $64k or even higher.

Your friend is the luckiest person who bought a bitcoin at a low price under $4k. I wish that we can buy bitcoin at a low price and even though we can not buy it at $4k, as long as that is the lowest price, we will make a big profit later. We can learn from people who sell their bitcoin too early and do not have the patience to wait for the price to increase back, so we do not follow their experience because we want to make our own profit.

[albon]

Yes, it is possible to lose all your money in investing Bitcoin because it is volatile unlike any investment you enter. If you are a beginner trader and do not have enough experience, you will lose your faith in this investment and sell everything you own at a loss. My advice is to believe in Bitcoin and hold it until you reach the goal of selling and you have to stay away from the FUD, it will expose you to a big loss.

[TopTort777]

Yes, it is possible to lose all your money in investing Bitcoin because it is volatile unlike any investment you enter.

How can you lose ALL your money due to high volatility? You can lose half, part, bigger part, but everything can be lost only when you loose access to your wallet or Bitcoins value drops to 0.

It was told numerous times, that Bitcoin price always recovers to some levels after huge drop. So it impossible to lose everything. Compared to investment, Bitcoin can not disappear like an investment fund or a project.

[jaberwock]

It is better to hold and not sell and still buy more when the price is down to the lower price because that can help us accumulate more bitcoin. We can expect to make a big profit in the future when the price can back to $64k or even higher.

Your friend is the luckiest person who bought a bitcoin at a low price under $4k. I wish that we can buy bitcoin at a low price and even though we can not buy it at $4k, as long as that is the lowest price, we will make a big profit later. We can learn from people who sell their bitcoin too early and do not have the patience to wait for the price to increase back, so we do not follow their experience because we want to make our own profit.

It was possible, it is possible right now. Everyone wishes they bought under 4k but when it was under 4k I specifically remember that everyone was saying bitcoin is going to zero and everyone was afraid of what is going on, I remember very clearly that people preferred selling bitcoin instead of holding it, even the ones who had bitcoin at the time (either bought lower or higher doesn't matter) was hoping to sell as soon as the price reached over 10k, look at what happened, many of them got greedy and hold.

People do not buy at low levels like they say they would when the price is high, and people do not sell at high levels like they say they would when the price is low. The thing is, people are way too greedy and scared all at the same time, when the price goes down they are too scared and when it goes up they are too greedy, you should be bit of both at all times to be a good investor.

[cryptomaniac_xxx]

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.

Well if you choose to panic because the price is going down and you sell everything you have then literally you have lose all your money right? But the question is do you really need to dump everything just because the market is worsening? Or you can just keep calm and wait for the market to settle down. We still have like six months before the end of the year, so a lot of wiggle room for the market to improve. I'll be optimistic that in the last quarter, we might see a good bounce back and hit another all-time-high.

[Obito]

If you were to constantly pull it out of the wrong time everytime the prices go down, you will slowly trickle down your money but going zero is still a bit theoretical for this one because that can only happen when bitcoin has gone down to zero.

[michellee]

It is better to hold and not sell and still buy more when the price is down to the lower price because that can help us accumulate more bitcoin. We can expect to make a big profit in the future when the price can back to $64k or even higher.

Your friend is the luckiest person who bought a bitcoin at a low price under $4k. I wish that we can buy bitcoin at a low price and even though we can not buy it at $4k, as long as that is the lowest price, we will make a big profit later. We can learn from people who sell their bitcoin too early and do not have the patience to wait for the price to increase back, so we do not follow their experience because we want to make our own profit.

It was possible, it is possible right now. Everyone wishes they bought under 4k but when it was under 4k I specifically remember that everyone was saying bitcoin is going to zero and everyone was afraid of what is going on, I remember very clearly that people preferred selling bitcoin instead of holding it, even the ones who had bitcoin at the time (either bought lower or higher doesn't matter) was hoping to sell as soon as the price reached over 10k, look at what happened, many of them got greedy and hold.

People do not buy at low levels like they say they would when the price is high, and people do not sell at high levels like they say they would when the price is low. The thing is, people are way too greedy and scared all at the same time, when the price goes down they are too scared and when it goes up they are too greedy, you should be bit of both at all times to be a good investor.

When you see the price reach $4k, I doubt you will buy it because you will think that the price will go down below. Yes, it goes down but you still do not buy bitcoin instead waiting for more. But when the price increase, you think that the price will go down after that, but in the next hours or days, the price still goes up and you are late to buy bitcoin. That is the scenario that always happens to us many times and we do not buy anything. Sometimes, we need to think that the price will not always go down or up, so we need to target when we must sell or want to hold for more.

In this matter, greed plays a role, and only people who can control themselves and have a target will consistently profit while others can not do the same. If they still do that and do not realize the effect, they will lose their money without having a chance to make a profit.

[DU18]

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.

I personally lost almost half the estimated money I have in the market today, and to be honest I'm not worried about it, because the volatile nature of crypto certainly makes crypto prices still have the possibility of going up and of course what I feel right now may also be felt by other people.
In here  there are many traders, but of course traders have their own ways of dealing with price declines like now and maybe some even cut losses in anticipation of worse things that could happen, but for me personally, Hold is the step I take in market conditions like now this and I strongly believe the market will improve in the future.

[New.in.trading]

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.

I dont think you would loose all your money, but the question is: Can you sit out an 90% correction? Because I think more and more, this is whats coming up next, in BTCUSD. Look at all the prev ATHs, and then look what happened the next 6-18 months... HODL to death for some ppl. and once pain becomes to strong, they sell their BTC what makes price drop even more... We shall see. I would not like a 90% correction, but I think its quite likely we will see that again... Remember 2018?

[dmamigo]

Every fall of Bitcoin made people believe that it will go down to zero or will be doomed but it revived from the fall and rise stronger. Whoever invested in 2021 is not going to lose if and only if they all hold them. This thing has happened multiple times in the past. Just because the market is falling and getting worse does not mean the price so high will only give losses on investments.

[wheelz1200]

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.

Only way ypu lose all ypu money in bitcoin is if you day trade it.  Buy hold and enjoy the ride its not going away this year or any other year it's too engrained into the world at this point.

[RapTarX]

BTC was $20k in 2017 December and $3.5k in 2019; following by gradual down movement. If you are strong enough to HODL, you are not likely to lose.
Not likely to lose all but when you have the peanut left, I guess that's what losing all the sum. I wasn't directly involved in trading back in 2018 but at that time, ATH for ETH was $1500. But after few months, we have seen ETH at below $100. It's for the 2nd market cap coin but in the case of shitcoin, people lost a lot. You can't lose it all literally but you have the chance to lose most of it because you know HODL is not that see as we can say.

[maydna]

Every fall of Bitcoin made people believe that it will go down to zero or will be doomed but it revived from the fall and rise stronger. Whoever invested in 2021 is not going to lose if and only if they all hold them. This thing has happened multiple times in the past. Just because the market is falling and getting worse does not mean the price so high will only give losses on investments.

Many people invested in bitcoin when bitcoin was a peak and when they see this falling, they panic and sell bitcoin fast. But people who knew bitcoin before 2020 know that if bitcoin is falling, bitcoin will rise stronger. They only need to wait for a while and hold on tight bitcoin and not sell, and they can buy more because it is like a discount to them. Yes, it has happened multiple times from a long time ago. But if you sell your bitcoin at this downtrend, you will lose your money, and that will be difficult for you to buy back bitcoin because your money is reduced, and if you buy bitcoin, you will not get the same amount.

[perfect999]

Many people invested in bitcoin when bitcoin was a peak and when they see this falling, they panic and sell bitcoin fast. But people who knew bitcoin before 2020 know that if bitcoin is falling, bitcoin will rise stronger. They only need to wait for a while and hold on tight bitcoin and not sell, and they can buy more because it is like a discount to them. Yes, it has happened multiple times from a long time ago. But if you sell your bitcoin at this downtrend, you will lose your money, and that will be difficult for you to buy back bitcoin because your money is reduced, and if you buy bitcoin, you will not get the same amount.

That is just the normal way of the market. You should not expect everyone to make correct decisions, in fact it is more often the wrong decisions the general public will make and that is very obvious in these type of markets. Just let people make their mistakes and it will be easier to just let it be in the end knowing you are a better trader/investor than most other people.

This is a game for the newbies, they do put their money in but they do not realize how serious this is, a good investor could retire in under 10 years, obviously you will not be super rich, you will probably "barely" retired (may need work just here and there maybe) but at the end of the day if you are smart enough, in under 10 years, you could have enough to buy a house and then save some aside somewhere and that's it, no money problem again. Unfortunately many noobs do not realize how serious it could be and just make stupid decisions.