HanjiHandiwork
Sat Mar 30 2024
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6 answers
855
Does crypto lose value in a wallet?
I'm relatively new to the world of cryptocurrency, so I have a fundamental question about its storage. I understand that wallets are used to store crypto assets securely, but I'm curious about whether crypto actually loses value while sitting in a wallet. Does the value of the cryptocurrency decrease over time, or is it just affected by market fluctuations? Also, are there any fees or charges associated with keeping crypto in a wallet? I'd appreciate it if you could provide a detailed explanation. Thank you.
Chiara
Thu Mar 28 2024
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7 answers
1900
Will Bitcoin lose value when all is mined?
I'm quite curious about the future of Bitcoin. Given that Bitcoin is a finite resource and there will only be 21 million Bitcoins ever mined, I'm wondering if this scarcity will affect its value. Once all Bitcoins are mined, will its value increase as demand continues to grow, or will it lose value as supply dwindles? Will the mining process itself become less profitable as the difficulty increases, and how will this affect the overall economy of Bitcoin? I'm interested in hearing your thoughts on this matter.
