Assets, Bitcoin

What Happens if Your Bitcoin Goes Negative?

When you put your money into a savings account, you expect to earn interest on that money. The same is true for when you invest in bonds. But what happens if your Bitcoin goes negative?

It’s not likely, but it is possible. If the price of Bitcoin falls below the cost of mining, then miners will stop mining and the network will grind to a halt.

This has happened before, and it’s called a chain death spiral.

If this happens, then your Bitcoin will be worth nothing and you will have lost all of your money. So, it’s important to be aware of the risks before investing in Bitcoin.

Of course, this scenario is unlikely to play out. But it’s important to be aware of the risks before investing in any new technology.

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