Topic: Is Bitcoin Diamond the biggest gamble? (Read 38 times)

I think you are asking the wrong questions and looking in the wrong directions. Instead of asking whether or not now is the right time to invest into Bitcoin Diamond, maybe you should be asking if it is a good investment long-term. I think these forks could collapse at any minute, because they are not built on any solid foundation most of the time. It is very often that a fork will occur, because a temporary dispute in development or somebody that believes they've had a bright and innovative idea only to realize it has already been considered after they're in too deep with an ICO in progress. My point being, only invest in one of these coins if they offer innovation in a unique and meaningful package, otherwise your investment is likely to be a short-term game. If you are satisfied with playing a short-term game and this is your strong suit then by all means have at it, but at least be aware of what you are asking and precise in what you aim for. I would suggest any money you were to put into Bitcoin Diamond you put into BTC or something that have tangible/feasible longevity that you'd be happy staking your money on, because that is what you're doing. I haven't done enough research on Bitcoin Diamond to say for sure what is to come, but I know that there are thousands of coins popping up and there are maybe three that have presented good ideas to me.

Yeah I'm not a fan of forks that just use the same name to gain from the hype of the established coin either.

If by gamble you mean throwing your money into the fire, yes. But not the biggest. Crypto is full of bigger opportunities to get burned.

First thing you should ask yourself when trying to put some money somewhere is: "Is this thing useful for anything?"

If it's not you get burned.

I do not trust forks after bitcoin cash fork. Almost everyday some coins are being forked and most of them turn to shit coins after a while.
ZCL fork Bitcoin private is one of them. Also Bitcoin diamond will be the same too.
Forking a coin needs a powerfull community and support. This is not a game.

We've seen currencies going haywire in the past. Bitcoin diamond (BCD) always pops up whenever there is a drastic change in the value of the currency. $19 one day and almost reaching $100 the next day.
Is it safe to invest in it now?
Or should i wait for it to drop more?