Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Strategy amidst the looming BitcoinGold Fork?
by
GreenBits
on 21/10/2017, 22:09:21 UTC
First off, dont go buy btc to participate in this. if you dont have bitcoin already, literally (not cryptos, bitcoin) I wouldnt really fuck with these price levels. first off, lets assume that like every other fork, bitcoin will be the more expensive coin. that means eventually people will dump the alt to flee back into bitcoin. the price is elevated because people didnt heed my first sentence. if you buy into this peak, a retraction could hurt short term, or leave you tied up moderate term until you can get back out

my only strategy? park it on a reputable exchange and dump those fuckers for additional btc. i didnt ask for an alt; if they are giving them away for free and folks are buying them, i see that as an op to stock up on more bitcoin Wink

look at this as a free 10-50% "early adoption bonus". warm and fuzzy right?

dont lan on moving the coins on the lesser network. it will take forever initially.