Topic: Made money on Bitcoin Fork? share your experience. (Read 177 times)
I bought 2 Bitcoin Cash last early October while their token is cheaper, 2 Bitcoin Cash for only $500. I think it's a good start because Bitcoin Cash have $1,400 coin value as of this writing.
It really has a huge sense especialy when you have a pretty big amount of BTC. Here is my story with the Bitcoin cash fork. I had around 12BTC plus altcoins with the total cost around 8BTC at the beginning of July and I sold all my alts and keep just BTC. The price per 1 BTC was around $2-3k. After the fork I got 20 BCH and immediately sold them with the first pump at $800. So I got 20*$800 = $16000 at total for free.
I read, you are credited a proportion of the news coins relative to the Bitcoins left in your wallet. How true is it and has any one make money with it ?
Yes it is true, users we're credited bitcoin cash and bitcoin gold in the proportionate ratio of their bitcoin holdings at that time of the fork. However, not all the users we're credited with these altcoins, as the coins we're credited to the people who we're using the wallet which supported the fork. But one thing I'm disappointed about it is people look at it as free money and not as a coin developed for the betterment of bitcoin, which these coins didn't do. So don't know who to blame here ,the users or the dev team..
I read, you are credited a proportion of the news coins relative to the Bitcoins left in your wallet. How true is it and has any one make money with it ?
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