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Author Topic: I bought into Bitcoin AFTER the Bitcoin Cash fork. Not sure what to do.  (Read 296 times)
frankbitcoin (OP)
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November 11, 2017, 09:09:23 PM
 #1
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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jonald_fyookball
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November 11, 2017, 09:27:32 PM
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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.
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frankbitcoin (OP)
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November 11, 2017, 09:32:16 PM
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Quote from: jonald_fyookball on November 11, 2017, 09:27:32 PM
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.
Vaflia
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November 11, 2017, 09:39:10 PM
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Relax, bitcoin will be fine, it's just a pump BCH. Soon the hype will pass, and the bitcoin rush to the moon Wink
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