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Topic: Bitcoin or Bitcoin Cash ($250) investment - page 2. (Read 303 times)

hero member
Activity: 3038
Merit: 634
Choose bitcoin but do it when you've understand already how volatile it is just like the other cryptocurrencies.

You don't need to think of it and choose the other option that you've brought up. If you invest that amount in bitcoin, what's your plan next? you're going to hold it just like majority of the people here? or you're going to think of another coin to invest with another capital that might come to you?

If you're thinking about a certain percentage of profit from any of the two, there's no person that can promise you that.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?
I will suggest that you study the markets way more before taking any kind of decisions, it would be the easiest thing on the world to recommend bitcoin over any altcoin, since there is no way to know if bitcoin cash is going to keep existing over the long term but at the end of the day the decision is yours, however you need to understand that you are investing in a moment in the market in which the price is already too high and the profits could not be as good as you think.
member
Activity: 266
Merit: 20
The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

IMO.
Neither,

With only $250 buying BTC or BCH is a waste of time for you as mere fractions of a coin won't do much for you.
Unless you are talking $250 every month, then either works.

If you only have it for a single investment, then Cardano is your best shot.
Your $250 would get you , 114 coins.
Wait ~10 years and Cardano could be worth ~$1000 each and you made ~$114,000 bucks.
Which it is already Proof of Stake , and anyone paying attention can see Elon is leading the world in the energy efficient direction..... Wink
full member
Activity: 336
Merit: 100
What should I buy?any advice?

Neither. If you are asking this then you have no idea what you're doing and you don't know the differences (at least as investment) between the two coins.
Learn more and then you'll know what to do. A 250$ investment is not that time critical.

will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

Do you expect us to have a crystal globe and predict the future?
Neither is really safe, it just .. one is altcoin, hence in theory even more volatile than Bitcoin; also it can be the subject of heavy price manipulation. And the other one is Bitcoin, which, now it goes downside although it's expected to be in the middle of bull run.

As I said, you have to read more and decide for yourself.

I think to become a good trader reading doesn't help a lot. What helps is experiencing it first hand and making mistakes because mistakes are painful and teach you not to repeat them. One thing that is good to start with is to not start with to much and that is what you seem to be doing. Reading adds to your knowledge, but experiencing it is different.
Regarding manipulation @Neuroticfish, that is probably the same for both BTC and BCH. Wink Who really knows what's going on between the Bitcoin billionaires?
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
will bitcoin cash increase 50% more from its price today?
only the pumping team responsible for this shitcoin's pump and dumps can answer that and they will never tell others before the pump. otherwise we can't analyze a coin that has no reason to rise up since it is a scam coin.

Quote
or I just go to bitcoin cause it's more safe?
only bitcoin but not because of safe investment but because bitcoin has a reason to go up and that is its increasing adoption.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Ever since BCH came in to existence in 2017, it's prices have fluctuated between BTC0.006 and BTC0.040. Right now, I have a feeling that the prices are on the higher side (>BTC0.025). I would advice you to wait for sometime, so that the prices come down. A good price for long-term investment would be BTC0.010-BTC0.012. Once you accumulate at these prices, you can set different targets for profit booking, for the next 3 years. BCH is a promising coin, with a number of powerful backers.
legendary
Activity: 1372
Merit: 2017
What should I buy?any advice?

Neither. If you are asking this then you have no idea what you're doing and you don't know the differences (at least as investment) between the two coins.
Learn more and then you'll know what to do. A 250$ investment is not that time critical.

will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

Do you expect us to have a crystal globe and predict the future?
Neither is really safe, it just .. one is altcoin, hence in theory even more volatile than Bitcoin; also it can be the subject of heavy price manipulation. And the other one is Bitcoin, which, now it goes downside although it's expected to be in the middle of bull run.

As I said, you have to read more and decide for yourself.

I am with NeuroticFish on this. The only thing I would add is that the way you are asking you might wanna go to the casino and try you luck there. The mathematical expectancy is negative over the long-term but if you win you'll make your money faster.

If at some point in the future you consider a long term vision for investment, besides having understood what is the Bitcoin and shitcoin cash, maybe an interesting option is to buy $250 of Bitcoin and not sell them, but keep buying every month what you can $250 or $50 until with what you buy and the return you accumulate a good capital.

jr. member
Activity: 145
Merit: 1
Do your research and understand what kind of investment this is. It's not really good way to ask random people what to do with your money. The only thing i'd say both of this optoins are not bad.
hero member
Activity: 1414
Merit: 542
The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

True, it offers a lot of opportunity for us to make money through investments.

What should I buy?any advice?

This is very hard to answer because it's hard to give financial advise, in any case what is goal? Long or short term?

will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

I can't tell anything about Bitcoin Cash because personally I haven't investment any on it.

So I will be biased and I think majority here will tell you to invest on Bitcoin. However, it's really up to you to make the final decision. You should understand everything, specially where are you going to put it, what wallet? or are you going to just sit in on exchanges which is not a good practice. And if you are going to a personal wallet, do you know how to protect it?
member
Activity: 518
Merit: 13
The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

I don't believe in Bitcoin Cash so much but you could give it a try as it's not a very big investment. It was on the rise for some time but was affected really badly from the recent news.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
It's a cliche but do your own research but I don't think that as a newbie you should dabble on other cryptocurrency besides bitcoin, try to do some research on bitcoin and invest in it first, and you also have to take the recommendations in this thread including mine with a grain of salt because we aren't responsible for your finances.
full member
Activity: 1736
Merit: 121
Contributions are that bitcoin is the best so far because it is not manipulated by any developer only whales can and fud but altcoins can dump deep at the request of a developer living the project. However, sometimes short term investment have also done good run and profit to hodlers. The list of such coins are endless.

Investment needs proper research to make profit whether on a longtime or short-term.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
What should I buy?any advice?

Neither. If you are asking this then you have no idea what you're doing and you don't know the differences (at least as investment) between the two coins.
Learn more and then you'll know what to do. A 250$ investment is not that time critical.

will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

Do you expect us to have a crystal globe and predict the future?
Neither is really safe, it just .. one is altcoin, hence in theory even more volatile than Bitcoin; also it can be the subject of heavy price manipulation. And the other one is Bitcoin, which, now it goes downside although it's expected to be in the middle of bull run.

As I said, you have to read more and decide for yourself.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.
Have you thought what kind of investment will that be? When would you like to withdraw your profits?

What should I buy?
Whatever you buy, you'll have to understand if you're going long-term or short-term. If you invest $250 on almost every cryptocurrency with potential and “bright future” right now, you'll see profits long-termly. The short-term way is dangerous, as always.

As for the title's question, I'd put them on Bitcoin. The other one is far more centralized and less secure. Not to mention that I don't agree with the way it works.

any advice?
Do not invest blindly. Understand each crypto's ability and judge by yourself if you think that it'll be useful in the future.
jr. member
Activity: 173
Merit: 4
The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?
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