Question on Buying Stocks

0xPotato

When I buy a stock and paid using MPH, do I lose that MPH forever?

denis

0xPotato MPH is just like any currency like USD. When you buy shares of stocks you don't lose the money. When you close your trade you either make some money or lose some money depending on how your trade goes.

0xPotato

denis Does this mean that if a stock price is stable, and MPH token value grows, I would still profit?

denis

0xPotato Yep exactly! MPH can move against USD positively/negatively but generally more important is that it's not very volatile. Or it's nice when MPH keeps rising which is extra gain in relative profit/returns.

The less you have to worry about MPH price the better you can focus on making great trades, which is our goal long-term.

0xPotato

denis Thank you so much.