This post is by a banned member (Rudi102) - Unhide
OP 15 January, 2024 - 11:21 PM
Hello i have a QUESTION, If I bought Crypto for a given amount x, if this coin falls below the amount for which I bought it, will I have to cover the losses or will the account be zeroed? How it's working?
This post is by a banned member (shadowmark) - Unhide
15 January, 2024 - 11:22 PM
crypto is like a stock if u buy x amount and the price drops u will lose money
jew
This post is by a banned member (FastCash) - Unhide
15 January, 2024 - 11:25 PM
If you buy a banana at 5 Dollars and the next week that banana is now priced at 3 Dollars you still have 1 banana but if you wish you can sell that banana for 3 dollars. or you could wait and see what the price of bananas become next week. The price of your crypto does not matter, you still have the same amount of crypto. Only the worth of said coins changes when you want to sell. Makes sense?
This post is by a banned member (Rudi102) - Unhide
OP 15 January, 2024 - 11:34 PM
Yes, but what I mean is that if the value of my cryptocurrencies and account is, for example, EUR 1,000 and these cryptocurrencies drop to a minus level, will I have to pay the amount that is in the minus?
This post is by a banned member (shadowmark) - Unhide
15 January, 2024 - 11:53 PM
(15 January, 2024 - 11:34 PM)Rudi102 Wrote: Show More once you buy crypto it is yours, if it does drop you dont have to pay it.
jew
This post is by a banned member (papinorway) - Unhide
01 July, 2024 - 08:36 PM
(15 January, 2024 - 11:25 PM)FastCash Wrote: Show More if you dont understand that you shouldnt be trading in the first place. god bless |
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