Crypto for the Average: Things to consider concerning BTC 'hard fork'

in crypto •  7 years ago 

Briefly:

'Crypto Daily' on youtube reminded me of this, so he gets some credit. Be mindful of how BTC moves in relation to Alt coins. We may see the same thing that happened before which entails:

*some people fearful/some selling....but....maybe more likely

-- alt coins selling off a bit
-- people moving more to BTC in order to possibly gain some free $/coins

I'm not too sure what to do. I have OMG and BTC, and NLC2 right now. Yep...that's it. I'm not too happy with OMG, but if you look at other coins like LTC, etc (for the most part--there are a few moving up) we're seeing BTC slowly gain more and more as others---good coins mind you---slowly go down. Nope,...I have no hard statistics. --Just keep an eye on things and decide for yourself. Best I can do is recommend you take notice.

I bought some more BTC, not so much for the possibility of getting extra $ or free BTC2x, but because of the dip caused by China and all the other FUD. Feels good being at 4300....doesn't it?! Well, ....as I state quite often,..... Be smart: buy in proportions and not more than you can afford (yes...easier said than done---emotions kick-in sometimes).

Good luck. Soon I'd like to have a discussion, or at the very least---post my decisions regarding how Crypto-currencies will respond to any upcoming financial crisis --- in the US, world-wide, etc. People don't think or talk about it much. It's new territory.

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great job @averageguy

Hah!!! Awesome,...thanks.