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Originally Posted by Craft
Thanks. The last one i guess there is a big change my friend can lose his money is there not?
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I'm not 100% sure but if you scroll down to the bottom of eToro site you'll find this:
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CFDs are leveraged products. Trading in CFDs related to foreign exchange, commodities,indices and other underlying variables, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with CFD trading, and seek advice from an independent and suitably licensed financial advisor...
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Than you can read about it in here:
https://en.wikipedia.org/wiki/Contract_for_difference
https://www.cmcmarkets.com/en/learn-.../what-are-cfds
https://www.investopedia.com/article...rade-a-cfd.asp
So, even if you buy for eg. Apple stock on eToro - you haven't actually bought the stock (you won't get any dividends or voting rights) you bought a CFD contract and you're actually speculating how the price of that stock will be in future.
The risks are MUCH higher but also are possible gains (I can explain in more detail how this works but let's keep it simple for now).
IMHO this has nothing to do with investing - this is more like betting. So if you want to invest money into stocks or into coins - buy the actual stock/coin and not the CFD/contract!
Just my
EDIT: Just to answer your question: Yes I think your friend can lose all his money he spent on eToro while if he bought any coins these coins would probably have some value even if the price goes down. So he could sell them or trade them for another coin while if he loses money in eToro it's lost completely.