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
If you buy a house, regardless of its valuation in terms of fiat, you still have the house and you can do what you want with it, bitcoin works in the exact same way, once you buy the bitcoin you can afford, you can store it in your wallet and keep it for as long as you want.
However keep in mind that bitcoin is a volatile asset, and even if its performance has been impressive during the previous months, there is no way to be sure if such behavior will continue or if instead a downward movement is coming.