Anyone trading on eToro? Opinions?
Anyone trading on eToro? Opinions?
Angel Myers
Carter Campbell
Newfag confirmed.
Isaac Wilson
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Michael Walker
>opinions?
Buy ethereum
Ayden King
i bpught btc at 9000 and trade was closed when it hit 18k cus thats 100% then i had to rebuy which means fee again and double at that feelsbadman
Elijah Clark
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Brandon Gray
>etoro
>trading
do we tell him?
Nathan Bennett
what is wrong with eToro?
How about plus500?
Lincoln Turner
Yours and other answers actually told me what I needed to hear. Yes, I'm a newfag and yes, I'll stay away from eToro.
Juan Foster
Ok I'll be the newfriend and ask
What's wrong with eToro?
Christopher Perry
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Sebastian Phillips
You don't own the coins, etoro is CFD
Luke Evans
So? You mean to tell me you can't make gains trading cfd's?
Gavin Price
No, but it feels a lot less secure for any long term holds. Also, the site is often down, and there are only a few cryptos you can actually trade on there
Ian Johnson
>CFD
AAHHHHHHHHHHHHH THE PAIN
anything that has "cfd" in it will make you poor in the long term
Grayson Adams
I might be wrong but I don't think you pay fees for trading crypto on eToro
Adrian Peterson
No but the spreads can be as much as 10% for crypto
Ayden Thompson
I guess it would still be a good platform for buy and hodl then. I see it shilled on social media all the time
Nolan Evans
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Evan Bailey
All of them are laughing because of the nature of trading on sites like eToro and plus500. They are what is known as CFD trading sites. A CFD is a contract for difference where you invest in a position, be it a sell or buy position, and bet money on whether its going to go ip or down. HOWEVER, after september 9th all the ripple you buy on eToro is actually yours, and will be able to spend once they finish their own wallet. Nobody seems to know this though.
Kayden Cook
This. I contacted them. You own the coins.