Re: How are you hedging the upcoming Segwit2x fork?

So much FUD around the hardfork again. My personal view on this - dont fall into panic and keep calm. Overall, we got beyond the previous fork without serious consequences. I am not planning to sell out or something; will keep my btc as usual, hoping for new free coins. Roll Eyes

This is what Im doing as well, people love the forks because it allows them to speculate for months about the price of bitcoin and this new forked coin but Im the kind of guy that just prefers to avoid risks, Im going to keep holding my bitcoin and if the miners keep forking bitcoin and they want to give to me free coins then who I am to refuse free money.

This isn't free money, it is diluting the market of BTC everytime there's a fork. Your BTC's value just got split into two coins instead of one. If you forked BTC 100 times, the sum total of all the forks would be the worth of a single BTC chain. These forks are not a good thing and people need to stop thinking about this like it's 'Free' coins, it's not. At the moment, the market is pricing in around an $800 decline in BTC due to this fork since it's pricing in around an $800 price for B2X. In other words, everyone is going to pay for this new Bitcoin chain whether they want to or not.

https://www.bitfinex.com/stats

It is, since Im getting those air dropped coins anyway, it is not like those forks just takes our coins in that new chain, if you had 1 BTC in the original chain when it forks then you have 1 unit in the new chain, and if you add them all then you get all the money from the original chain and the forks, only those that sell those coins can lose in the long run if one of those forks lives for long enough to become a success on their own.