Hello!
I´ve been interested in trading crypto for quite some time now and finally joined eToro.
I just have a question, I noticed Bitcoin have been doing really good the last 6 months and I now want to invest a very small sum of 250 dollars.
I just wonder, since im completely new to the stock exchange, If I invest 250 dollars, can I loose them if the price goes down? Or do I still hold my share.
Maybe this sounds dumb, but does Bitcoin work the same as a normal share? If I invest in a real stock I probably get to keep my share even if the value is zero?
Does it work the same with Bitcoin shares as well?
Best Regards
1 Bitcoin = 1 Bitcoin so in your situation, your fraction of a Bitcoin will stay the same unless you spend or sell it. The dollar price of your holding can change, Bitcoin is very volatile although as time goes on the volatility is expected to be less so. Bitcoin is an inflation slayer so your $250 is very good to be left in Bitcoin if you can stomach volatility. Over time you will definitely be in profit.