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
You know my advice to you is that instead of investing in the stock exchange, it is better to invest in crypto exchanges. Because you will have more control over the bitcoin you buy compared to the stock exchange you are talking about.
Then you have 100% more control over bitcoin, unlike stocks, of course what they still use there is the traditional way. and that's normal because they are regulated unlike crypto exchanges, not everything is like that, just make sure that the exchange you buy bitcoin from is on top, like Binance, Mexc, and others. Here I will give you the difference between stocks exchange and crypto exchange, just read it
https://corporatefinanceinstitute.com/resources/cryptocurrency/cryptocurrency-vs-stocks/