I "lost" $5600 buying $38300 Coinbase stocks on eToro

By DimitarM | Welcome to my life | 15 Apr 2021


So, guys, I decided yesterday to go big and buy 100 shares of the Coinbase IPO. I use eToro as a broker. The price was fluctuating a lot. At moments it was over 400 and 450 USD. So I decided that it's a good idea to trade at around $383. So I went all in and bought 100 shares. At first, the price stayed around the level I paid for. At some point, I went to sleep and the market closed shortly after that. Now the market is still closed and my shares are worth $32704.

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This would happen if I really invested money in Coinbase IPO. Luckily I did that only with the Virtual portfolio that I get from registering with eToro - $100000 that you can use to experiment on the Stock market or their Crypto Exchange. It is always a good idea to try trading first and check the different options their platform offers before investing your own money.

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With this drop-down menu, you can switch between the Virtual and the Real portfolio and once you invest money in your account you should be very careful which portfolio are you using so you don't invest real money in something that you don't really intend to. It made so easy that mistakes are possible.

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I myself lost money by miss clicking on another exchange. And guess what - I am not using their services anymore.

The joke aside, the history knows case where one drunk person's actions affected the Worldwide's Oil price. So we should be very careful what we are doing on such platforms.

If anyone wants to join eToro under my link please find it below:

https://etoro.tw/2SwP7bI

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DimitarM
DimitarM

I really enjoy Publish0x!


Welcome to my life
Welcome to my life

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