Post
Topic
Board Economics
Re: The best time to invest.
by
deisik
on 29/03/2017, 04:57:34 UTC
If you have no doubt please to buy bitcoin currently,  i can't make sure that bitcoin is going to rise or fall from days to tomorrow but if see the bitcoin back up from yesterday, unfortunately,  i lack the capital investment for bitcoin

Buying Bitcoin now is the best time, specially if you are expecting a hard fork and split chain.  The reason is that you just doubled your Bitcoin, one in Bitcoin Core chain and the other one to Bitcoin unlimited chain.  There is no reason to dump and fear the hardfork.  If ever it drops its price, new people will join in the community making the price to recover and eventually breaking the ATH.

Everyone says that even if you manage to get bitcoin in two chains, its cost will be very low. This frightens off many people. And this frightens me, too, because I do not want to lose my savings

And this is what the whales want, frighten people and make the weaker hand sell their holdings at the very low price.  If you believe in Bitcoin, even if it split (Bitcoin Core coins and Bitcoin Unlimited coins) one of them will be the real Bitcoins and will start to go up once it is established.  Then your will realized that there is nothing to fear because you have your coins on both chain.   How you deal with it is up to you, but it would be better to wait before you decide on which one to sell first

This will likely be the best outcome

When the prices of these two bitcoins summed up will exceed the current price (and still better if their sum exceeds the recent ATH's at the end of the day). But obviously this is not the only possibility, and if it ever comes to that eventually, we will certainly have to go through really hard times when the prices of both BTC and BTU will be wiping the floor. And this is where it will hurt most as well as might end with the ultimate fiasco of both currencies (and that's what the whole BU shebang may be set to achieve)