Less than 24 Hours until BTC FORK!

in bitcoincash •  7 years ago  (edited)

It will be an intense bloodbath of a crypto-day tommorow.

Loppy hands will have a tough time making the right trades.

☼ (✿◠‿◠)


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Pick a side? ..... Or both..


Courses of Action!

1.

  • HODL Bitcoin on your own wallet, and sell your Bitcoin Cash.

2.

  • HODL Bitcoins and buy into Bitcoin Cash. (Bittrex great option!)

3.

  • Invest into Alt-coins, as all the focus is on Bitcoin right now.

Summary

These are the only routes I see (that have plausible outcomes). Hopefully Bitcoin holds strong and I support segwit. End of the day, it depends on which more is more widely used. I feel like Bitcoin Classic will hold strong, but we may see a flippening in the upcoming months!


I say it is a good time to quickly buy some Steem any time you catch it on sale for $1.40~ and under.

  • Steem is $1.30 in comparison to SBD.
  • Steem is $1.17 all around the board.
  • Great time to buy Steem!

Tips from Koffee!

  • Don't sell at a loss!
  • Don't invest more than you can afford to lose
  • Trust in credible ICOs and avoid pump 'n dump coins.
    (i.e Chaincoin, Dogecoin and ect.)

Feeling extragenerous today? I accept donations in BTC, XMR, SBD. =)

  • BTC:
    15nktixkPCvCr6kADauZmW7vHy8wnFmwM8
  • XMR:
    4JUdGzvrMFDWrUUwY3toJATSeNwjn54LkCnKBPRzDuhzi5vSepHfUckJNxRL2gjkNrSqtCoRUrEDAgRwsQvVCjZbS25hcciUKEhUj8z6vt

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Thank you for posting @koffee.

This is certainly a subject on many Steemians minds. Appreciate the information and breakdown of the possibilities.

Great advice. I'm leaning more toward options 2 and 3. Your also spot on about buying steem.

  ·  7 years ago (edited)

ty cryptogriff.

Hope you guys like the SNES theme :)

This post received a 3.8% upvote from @randowhale thanks to @koffee! For more information, click here!

Some exchanges will honor bitcoin cash but only a select few will allow you trade it after the fork. Kraken is one of the few that will allow you to trade Bcash pairs - BCH/USD and BCH/BTC straight after the fork. (BCH=Bcash). Having it in a wallet is good but if the price plummets quickly you will want to have access to Bcash trading as quickly as possible to make maximum profit. You're right though, great time to buy altcoins!

Agreeable notion.

mostly btc asian markets will honor bitcoin cash. which is most of the volume, globally. will be interesting day tomorow

Puts shades on.


This post got a 2.53 % upvote thanks to @koffee - Hail Eris !

I got a bellyRub and this post has received a 8.37 % upvote from @bellyrub thanks to: @koffee.

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