Intuitively speaking this is very clear, however when doing a formal proof I get stuck; this is what I have so far.
Let $\epsilon>0$, now, if $x<\epsilon$ the result follows immediately since $x^n$ is decreasing.
So the non trivial case comes when $x\in(\epsilon,1)$, for this it is clear, intuitively, that there should exist $N\in\mathbb{N}$ such that we get $x^N<\epsilon$. This last part is where I'm having trouble with, don't know how to argue that this $N$ indeed exists.
I've tried also doing this by contradiction, this would mean that for every $N\in\mathbb{N}$ don't get $x^N<\epsilon$ i.e. $x^N\geq\epsilon$, and I get stuck once again.
Any insights or hints would be appreciated.
Firstly, we go to show that $\lim_{n\rightarrow\infty}x^{n}=0$ if $x\in(0,1)$. Let $x\in(0,1)$. Define $y=\frac{1}{x}-1$. Note that $y>0$. By Binomial Theorem, \begin{eqnarray*} & & (1+y)^{n}\\ & = & 1+ny+\frac{n(n-1)}{2!}y^{2}+\cdots\\ & \geq & ny. \end{eqnarray*} Therefore, \begin{eqnarray*} & & x^{n}\\ & = & \frac{1}{(1+y)^{n}}\\ & \leq & \frac{1}{ny}. \end{eqnarray*} That is, $0\leq x^{n}\leq\frac{1}{ny}$. Since $\frac{1}{ny}\rightarrow0$ as $n\rightarrow\infty$, by sandwich rule, $\lim_{n\rightarrow\infty}x^{n}=0$.
If $x\in(-1,0)$, we have that $-|x|^{n}\leq x^{n}\leq|x|^{n}$. Since $\lim_{n\rightarrow\infty}|x|^{n}=0$ by the above result, we have $\lim_{n\rightarrow\infty}-|x|^{n}=-\lim_{n\rightarrow\infty}|x|^{n}=0$ too. By sandwich rule again, $\lim_{n\rightarrow\infty}x^{n}=0$.