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.
If you are talking about BTC ETF then per-share rates are different and talking specifically about BlackRock's share which is worth around 34.45 USD which was around 28 a few days ago (If I am not wrong) well, the thing is you can't buy a part or fraction if buying a share you have to buy full which mean you can't buy shares of exactly $250 you have to buy 7 shares with the amount of $241 or 8 shares with the amount of $275. <--If I am wrong please correct me.
And talking about the decrement in the price, if BTC's value lowers by 300$ and you have invested $250 your money did not go anywhere, because in terms of shares, the value of BTC is not directly pegged with shares, it depends on many factors, and in BTC (direct) dealing, you can buy a fraction of BTC and can invest $250, and if BTC lowers your investment will also lower.
for example with $250 you can buy 0.004141 BTC @60,400 and if the price drops by $300 your $250 will become $248.8 @60,100, I hope you got the answer now.