Author

Topic: Should you sell forked dividends for more underlying cryptocurrency? (Read 185 times)

hero member
Activity: 2632
Merit: 833
The dividend capture strategy is based on an investment technique that focuses on quickly capturing the dividend issued by a corporation, without intending to hold the investment over a long period of time.

ex: bitcoincash, bitcoingold, etc. or any other coin fork/split...what to do & when to do it  Huh

Of course you can always sell those free coins if you want to and re-invest it to altcoins and bitcoins itself. But there are those who loves to hold specially bitcoin cash because they think its a good coin to earn good profit. It was evident last November when it is all-time-high and reaches more than $2K.

It's easy to sell them at trading platform that supported it. When? Most do it once they received the free coins. No qualms about it. Just dump it once you got it. Its free money anyways.
member
Activity: 140
Merit: 12
Blockchain Identity Verification
The dividend capture strategy is based on an investment technique that focuses on quickly capturing the dividend issued by a corporation, without intending to hold the investment over a long period of time.

ex: bitcoincash, bitcoingold, etc. or any other coin fork/split...what to do & when to do it  Huh
I would keep the BCH and BTG. For the BCH there is a strong team, which, as we see, is developing the project, which is expressed in price. I even bought a BCH in the hope of selling above $ 2000. Bitcoin Gold shows a good market interest in it and can soon update to a maximum of 550-620. Etherium classic in an incomprehensible situation. I would sell it when he was 30-32. and bought back at the correction.
legendary
Activity: 1456
Merit: 1023
It all depends on individual needs because if one no need to urgent money then better to wait for some time to see how the new coin team can market the product. If they succeed then you can make a lot of profit if not then you may lose some profit but still, it is free money so no need to worry so much.

I usually hold them for while instead of selling immediately.
member
Activity: 70
Merit: 10
The dividend capture strategy is based on an investment technique that focuses on quickly capturing the dividend issued by a corporation, without intending to hold the investment over a long period of time.

ex: bitcoincash, bitcoingold, etc. or any other coin fork/split...what to do & when to do it  Huh
Jump to: