Bitcoin Fork... A real gamble to gamble on for crypto minnows...steemCreated with Sketch.

in bitcoin •  7 years ago 

 I just want to point out to fellow crypto-currency minnows... Be careful and aware that this Bitcoin fork is a huge gamble to be investing in if your crypto is scattered across various wallets and altcoins.  The transaction fees and therefore money you will be spending to exchange your altcoins and regrouping all this bitcoin will be very high and will affect small balances greatly.  I'm going along with it, because I'm a gambling man and the little bit of crypto I have was earned and not bought, but are you really willing to risk small investments you've done so far?  Take the time to really think things over and do up the numbers before you jump in head on, we all know how volatile this can be and if you end up on the losing end, you'll have lost money twice on the same venture.  Good luck traders!

(Free Image from Pixabay.)

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It maybe a conspiracy. As end users we should be prepared for it as it is the remainder that tells us after we log in that we should still prepare for August 1. So send your coins to your wallet of choice where you control the private keys and simply wait. Do not do any transactions during stormy times like August 1.

Agreed, that was basically my main strategy, although I did trade some of my altcoins for bitcoin just to see... I didn't invest any of my hard earned cash into it, so I don't mind gambling money I earned randomly.

I'm still really lost with all this altcoin and fork stuff babe, but I'm sure I'll eventually get it babe! Xoxo

This post received a 3.9% upvote from @randowhale thanks to @lisachappy! For more information, click here!

@lisachappy got you a $1.57 @minnowbooster upgoat, nice!
@lisachappy got you a $1.57 @minnowbooster upgoat, nice! (Image: pixabay.com)


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