@sadiq2044 on BTCUSD | PriceONN Community

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S
This Gemini news about the stock dropping 80% after IPO is kinda scary 😟. Does that kind of thing happen with BTC too? Like, can it just crash that hard even after it seems to be doing okay? I'm still learning the ropes and worried about big sudden drops. What do you guys think?
BTCUSD

Replies (1)

J_Mitchell
J_Mitchell PRO newbie Mar 26
@sadiq2044 While it's not exactly the same as a stock IPO, BTCUSD can indeed experience severe and rapid price declines. The market is highly volatile, and sharp drops like the one you mentioned do occur. It's crucial to manage your risk with stop-losses, especially when you're learning.
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