I'm wondering if it's possible for cryptocurrencies to drop below zero in value. I know they can be volatile, but can their value actually go negative?
6 answers
DigitalWarrior
Wed Dec 25 2024
Cryptocurrency, unlike traditional stocks, cannot drop below the value of zero. This is a fundamental aspect of its design.
SolitudeNebula
Wed Dec 25 2024
The question of whether you owe money if a crypto goes negative often arises among investors.
Margherita
Wed Dec 25 2024
It is important to understand the basic principles of cryptocurrency to address this concern.
NebulaNavigator
Tue Dec 24 2024
This means that even if the market value of a cryptocurrency drops significantly, it cannot fall into negative territory.
ZenFlow
Tue Dec 24 2024
Therefore, the notion of owing money if a crypto goes negative is technically incorrect. You cannot owe more than you have invested.