Author

Topic: I bought into Bitcoin AFTER the Bitcoin Cash fork. Not sure what to do. (Read 302 times)

full member
Activity: 280
Merit: 101
Relax, bitcoin will be fine, it's just a pump BCH. Soon the hype will pass, and the bitcoin rush to the moon Wink
sr. member
Activity: 1344
Merit: 295
trade 20% of it for BCH, that way you are safely hedged 1:1.  Simple.

Example:

You own 5 BTC.   Sell 1, that leaves you with 4 BTC and 4 BCH.

exactly what I was considering doing.  but transactions aren't going through, they're backlogged, so I don't even think I'll be able to buy anytime this evening.
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
trade 20% of it for BCH, that way you are safely hedged 1:1.  Simple.

Example:

You own 5 BTC.   Sell 1, that leaves you with 4 BTC and 4 BCH.
sr. member
Activity: 1344
Merit: 295
everyone seems to have their own opinion.  BTC is king, Bitcoin  Cash is king, etc.  Who is right?  I have no idea anymore.

Now my concern is that I don't have BCH and what if BTC does indeed go down to a few hundred bucks while BCH rises?

But then I look at this and think they're just pumping it, I know that BCH is more centralized and I don't agree with that...

I DONT KNOW WHAT TO DO!   Huh Huh
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