Buy BTC becasue of the fork or getting / holding atlcoins?

[davecrypto]

Hi,

what would you do? Buying / changing to BTC because of the upcomming fork? ...isn't it like BCH that you will get the same amout of the forked currency as you have in bitcoin?

...or would u buy altcoins like NEO?

I'm not sure what will give me more profit

[1715684230]

1715684230

[1715684230]

1715684230

[1715684230]

1715684230

[1715684230]

1715684230

[1715684230]

1715684230

[1715684230]

1715684230

[hello_good_sir]

Hi,

what would you do? Buying / changing to BTC because of the upcomming fork? ...isn't it like BCH that you will get the same amout of the forked currency as you have in bitcoin?

...or would u buy altcoins like NEO?

I'm not sure what will give me more profit

Depends on you. I'd say that bitcoin is going to be the safest bet however there is going to be plenty of ways that you can profit from buying altcoins as well. NEO may drop off a bit from here, before potentially climbing up to a greater level.

I think that BTC will first break $4500, then potentially hit around $4800 before a correction.

If you think that your altcoin investment is going to rake in more than that, go ahead. But i wouldn't buy neo right now.

[RoommateAgreement]

it depends on amount of profit you are planning to gain.
obviously you must always have bitcoin and that always gains value over time.

as for airdrops and fork rewards, you should calculate what amount of profit you will gain by converting back to bitcoin and what amount of profit you lose by doing it.
for example if you have an investment in an altcoin that is going to get pumped 300% in the next week and you convert back to bitcoin you lose a lot of profit. because the airdrops won't give you that much profit most probably.

so in the end it will only be a weighing of options against each other.

[Seansky]

Hi,

what would you do? Buying / changing to BTC because of the upcomming fork? ...isn't it like BCH that you will get the same amout of the forked currency as you have in bitcoin?

...or would u buy altcoins like NEO?

I'm not sure what will give me more profit

If you are not sure what to do, the safest bet is to put half of your money in btc to get free money from it's forked version. Invest the other 50% on altcoins that have a lot of potential like waves or NEO then hold all after diversifying. If you want to do one, I prefer the former though because getting free money is nice and bitcoin would likely recover even if it were to dump after that.

[mamesso]

There is no news that the current fork will produce a 1: 1 BTG like BCH. I am not sure. all traders expect this to happen with the same journey as BCH. hopefully not be a junk coin and there is good information related hard fork.

[yvesp110]

There is no news that the current fork will produce a 1: 1 BTG like BCH. I am not sure. all traders expect this to happen with the same journey as BCH. hopefully not be a junk coin and there is good information related hard fork.

Everyone has high hopes from the November fork and I believe core won't disappoint them this time. Still if we just forget about the fork for the time being and focus on the current progress of bitcoin, I think it is the right time to buy bitcoin and hold it till the end of October. This way, the investor will earn a profit of 5 to 6 hundred dollars for sure. I have trust in the potential of digital gold.