# What happens when bitcoin drops and i add more money to my wallet

If i have \$1000 worth of bitcoin with the current price of bitcoin at \$7000, then later on bitcoin dropa to \$6500, normally i know ths money in my wallet will drop. But my question is what will happen if i add more money in my wallet then later bitcoin goes back to \$7000, will i have more than \$1000?

I have been wondering for a while and yet haven't come up with a clear explanation.

This really is just a math problem more than a bitcoin question, but it’s simple enough so here is your answer:

If i have \$1000 worth of bitcoin with the current price of bitcoin at \$7000

(\$1000)/(\$7000/BTC) = 0.14285714 BTC

This is the amount of bitcoin you would own. Changes in the dollar value of a bitcoin will not affect how much Bitcoin you own, it will only affect the dollar value of what you own.

then later on bitcoin drops to \$6500, (...) what will happen if i add more money in my wallet then later bitcoin goes back to \$7000, will i have more than \$1000?

Yes.

To illustrate: let’s say you buy just \$1 worth of bitcoin when the price is \$6500/BTC:

(\$1)/(\$6500/BTC) = 0.00015384 BTC