Hi,
In stocks if the AUD goes up compared to the USD then I lose money when I sell back into my AUD bank account (assuming the stock price doesnt change)
Is crypto the same ?? ie. will I lose money on selling the crypto if the AUD goes up against the USD (assuming crypto price doesnt change)
Sorry Im sure basic question but searching everywhere cant find a clear answer on this..
Thankyou !
Grant
In stocks if the AUD goes up compared to the USD then I lose money when I sell back into my AUD bank account (assuming the stock price doesnt change)
Is crypto the same ?? ie. will I lose money on selling the crypto if the AUD goes up against the USD (assuming crypto price doesnt change)
Sorry Im sure basic question but searching everywhere cant find a clear answer on this..
Thankyou !
Grant