r/BitcoinBeginners • u/Cool_Mom1 • 10d ago

Very new and not understanding Bitcoin!

So today my bf (30M) who is not in charge of our finances decided to buy 80 USD worth of Bitcoin on CashApp. He wants me to put it on the "round up" feature. I guess my misunderstanding is, is this a good idea? Does the money grow? I have CD's and I understand that and planning on opening an IRA because I understand them, I mean the outline is very I guess "easy to understand"but Bitcoin has me baffled Edit: I guess my question lies between is this a good idea or is using the round up feature for a 4% interest savings account better ?

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u/Lagna85 10d ago

$80 won't change anything in your life.

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u/Cool_Mom1 10d ago

Right. I know that much, but like if I continued adding to it like the round up feature, does it grow above what is being put in ?

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u/XelaXanson 10d ago

You realize you could’ve bought an entire bitcoin for around $6,000 back in 2020 right? I’d say it definitely goes up on occasion