Quote from: TackleBash on February 28, 2024, 09:13:40 AM

Quote from: Apocollapse on February 28, 2024, 08:59:11 AM

Quote from: TackleBash on February 28, 2024, 08:29:11 AM

Does it work the same with Bitcoin shares as well?

Did you mean the real Bitcoin or Bitcoin ETFs? Bitcoin ETFs works same like stock.

But if you talk about Bitcoin, that's completely different. It's true in case Bitcoin worth $0, you can still own your coins. But if stock or ETFs went to $0, you doesn't have your share again because the stock exchange already delisted the stock.

It means you own nothing and you can't do anything, but in Bitcoin you can send your coins regardless the price is and no one can control it.

Okey thank you for the simple explanation!

So if invest 250 dollars and the price of bitcoin lowers by for example 300 dollars, will I still hold my share? Whatever the value might be of it by then.

Thank you, maybe it sounds stupid, but Im bad with math aswell.

Yes, definitely you would still own a certain amount of Bitcoin, which is the amount you got when you bought it at the ratio of; 1btc = $61k, but the value of that amount of Bitcoin would have reduced drastically, definitely less than 250 dollars.

I think that's the maths. But mind you .. that's not trading since you eat to own shares, that hodling... And the probability of earning way more than the value you purchased after at least 2 years of hodling is high... So if you can wait for that long, it won't be a loss anymore.