Post
Topic
Board Altcoin Discussion
Re: Is a hard fork good or bad?
by
Life_time_student
on 06/01/2019, 17:34:04 UTC
When a coin moves forward to a hard fork is it for good or is it for bad? do you think that its price will rise or fall ? would you invest on a coin that has done hard fork? and what would you do if you own a coin that has announced a hard fork? would  you sell it or not?

The crypto space is awaited for one of the biggest and first forks of 2019. It would definitely have a huge impact on the ETH price, as it is happening to transform ETH into an updated version, which helps it to grow. We may expect that Ethereum price going high and the other cryptocurrencies might suffer a downfall for a short period of time during hard forks. Ethereum rose by around 85% over three weeks time.

We have seen similar happenings during or before Bitcoin Cash hard fork, wherein the other cryptocurrencies suffered for quite a bit of time. It is hard to predict the long-term impact of a hard fork and its evident that ETH is in a very critical phase now, as its going through a significant transition phase.

Read more about Hard Fork:
https://coinswitch.co/news/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks