Hi steemians,
First of all I'm very bullish about the whole crypto space. I love the blockchain technology and the crypto project popping up. In the beginning I've invested a lot of money into different projects , but to put money on every project popping up is not something for me. At the end of last year the crypto space was very bullish. Until the beginning of january where it started to get bearish. Now the whole market is still bearish. Time to shop some cheap crypto's to add them to your portofolio :)
Forks. Hardforks. Airdrops. I've kept an eye on those cryptocoins and you can earn some real good profit with gains up to 2700%. ZClassic was one of those crypto who recently forked. The coin was pumped up very fast in december from 10 dollars (starting point shown below with the green arrow) up till record high 240 dollar. Because if you held 1 Zclassic (ZCL) you'll get for free 1 Bitcoin Private (BTCP) at the fork date.
At the red arrow the fork date/time was past and as you can see the value dropped very fast back till 8 a 10 dollars.
So the people who bought alot in the beginning and sold them at record high, and bought some back, kept them until fork time and sold very quickly, congrats. The people who bought at 50 dollars or higher and kept them to long? Sorry for your loss. That's how crazy things can go into the crypto space. Always do your own research and be aware what you are going to invest.