Is Bitcoin A Stock?


I am definitely not a financial expert, nor would I ever give you advise about investing. What I share about Bitcoin comes from my own gleaning of information. As I do my own research I will share what I find out if it seems pertinent to the completely uninitiated.

Answer the Question

Is Bitcoin like stock? In other words, will I lose everything? The answer is “No.” Bitcoin is a currency. So, if I exchange my $17,034.94 in exchange for a Bitcoin (the going rate five seconds ago) what I now have is not $17,034.94 but a digital Bitcoin worth $17,934.94. If the value of a Bitcoin drops to $2 tomorrow, I still have a Bitcoin—it’s just not worth as many American dollars as it was when I exchanged my dollars for Bitcoin.

Categories: Bitcoin, Uncategorized

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: