Will BTC also lose two zeros? Tune in to find out!
quite ironic how "tuned in" you are roach, about an asymmetric bet and hoping that it goes down.
In other words, you dumbass, bitcoin's going down, such as losing two zeros (putting it back into upper double digits or lower triple digits) is not as big of a risk as is the likelihood that it goes up in value.
The odds seem stacked against you both in terms of bitcoin going down and if bitcoin goes up how much more potential there is on the upside as compared to the amount that is lost in the event that bitcoin goes down.
In other words (am I running out of words), if you do not use leverage, the most that you can lose is 100% of your bet. But there are pretty decent ass chances that you can gain more than 100% of your bet and even much larger numbers, 10x 100x or 1,000x. Even based on the opportunities of other markets, even if bitcoin performs way below expectations, it is good to have money into the possibility of the asymmetric payoff, and bitcoin seems a good place to put value as compared to other places too, including the PMs that you like to promote as being the closest thing to bitcoin, but PMs do not have anywhere near the asymmetric upside potential as bitcoin... especially in current times when bitcoin is even taking some of the value away from PMs because it is better than those PMs in a large number of ways including transportability, storage, divisibility, verification of authenticity, costs of storage, having other use cases such as a ledger and other programability and other reasons.