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Author Topic: Ethereum fork for short term profit?  (Read 512 times)
LUGHUL
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January 19, 2019, 05:00:47 AM
 #41

Yes, I think this hardfork will be a short-term profit for investors. And I see the price of Ethereum now too low, so after Hardfork the price of Ethereum will probably be strong and stable again.

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January 19, 2019, 05:04:56 AM
 #42

Usually there will be a pumping before the forking, unfortunately this time the rising stop earlier and got a correction, and I don't think buying because of forking is a good idea, it's like a gambling because we know that once the forking happen people will sell the coin immediately and it will cause the price fall down quickly
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January 19, 2019, 06:03:17 AM
 #43

Usually there will be a pumping before the forking, unfortunately this time the rising stop earlier and got a correction, and I don't think buying because of forking is a good idea, it's like a gambling because we know that once the forking happen people will sell the coin immediately and it will cause the price fall down quickly
Strangely, no branching has been planned yet, what branching are we talking about? Forks ETCV and ETN turned out to be fraud, and Constantinople is five different improvements for ethereum and no new coin will be formed. Moreover, until these improvements have been delayed due to the discovery of a serious vulnerability, called a re-entry attack, which resulted in theft of funds.
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January 19, 2019, 06:15:46 AM
 #44

Disclaimer: I already own 15 or so different altcoins for long term hold, that won’t sell for several years.

I’m looking to purchase before the fork, investing maybe $1k, for a short term profit. Hoping the prices rises, I can sell before the dump. If there is the drop in price, these can also be held longer term until profitable.

Thoughts?

Use your $ 1k for back up fund, when something goes wrong use it to fix not buy another coins for invest/ trade. Hard to say when people use all asset because that is wrong need wise mindset about money management for the worst. People will suggest you with bitcoin, xrp or ltc but not me. Use it for recovery is better step before nightmare comes to you.

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January 19, 2019, 07:01:56 AM
 #45

I think its better t keep that 1k you have for backup because cryptocurrency as now becom a strange haven for investment ,I'm personally wating for a way out to get my hands on some cash to keep just in case something goes wrong

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January 19, 2019, 07:08:15 AM
 #46

I think its better t keep that 1k you have for backup because cryptocurrency as now becom a strange haven for investment ,I'm personally wating for a way out to get my hands on some cash to keep just in case something goes wrong

I think this will be difficult after what happened at the end of 2017 and the beginning of 2018, although Ethereum continues to experience development but the development in terms of development to realistic is only a concept. this will make new investors and experienced investors think twice about investing.

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
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January 19, 2019, 08:39:08 AM
 #47

Disclaimer: I already own 15 or so different altcoins for long term hold, that won’t sell for several years.

I’m looking to purchase before the fork, investing maybe $1k, for a short term profit. Hoping the prices rises, I can sell before the dump. If there is the drop in price, these can also be held longer term until profitable.

Thoughts?
Perhaps there is logic in this but risk is also present, in any case, I suggest to wait when in February will tell you the exact dates for the hard fork, then you can convert your altcoins into Ethereum. Be careful, I wish you good luck.

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batang_bitcoin
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January 19, 2019, 08:52:10 AM
 #48

You can do that.

You just have to be quick and don't ever be greedy. Because when greed starts to attract you, it will make your expectation higher and its possible that you're going to wait for a bit longer just to take higher profit. We don't know on how much ethereum will take after the fork but I'm  long term to it.
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January 19, 2019, 10:33:57 AM
 #49

I don't think this fork will give a huge effect and can give you a short term real profit. However investing in Ethereum is not totally bad, it is a solid project, and after this fork which is an upgrade I think more adoption will come for Ethereum.

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January 19, 2019, 10:36:31 AM
 #50

like now I won't expect short-term profits, but I will be more patient waiting for some time to come with a better ethereum price increase, because ethereum is also a good altcoin in the future.
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January 19, 2019, 10:45:15 AM
 #51

Yes, I think this hardfork will be a short-term profit for investors. And I see the price of Ethereum now too low, so after Hardfork the price of Ethereum will probably be strong and stable again.

Maybe after hard forks that will change, but I do not think that it will give some really powerful impetus in development. All the same, I assume that the situation will change for the better, so that the whole market moves in the direction of growth, and not just some separate part of it.

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January 19, 2019, 10:55:54 AM
 #52

Disclaimer: I already own 15 or so different altcoins for long term hold, that won’t sell for several years.

I’m looking to purchase before the fork, investing maybe $1k, for a short term profit. Hoping the prices rises, I can sell before the dump. If there is the drop in price, these can also be held longer term until profitable.

Thoughts?

An advice for every investor who has read from a financial book. Don't expect to sell at the highest price, so sell early even though it may not be as profitable as the investment reaches the highest value.
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January 19, 2019, 12:03:31 PM
 #53

Disclaimer: I already own 15 or so different altcoins for long term hold, that won’t sell for several years.

I’m looking to purchase before the fork, investing maybe $1k, for a short term profit. Hoping the prices rises, I can sell before the dump. If there is the drop in price, these can also be held longer term until profitable.

Thoughts?
I believe that investing in Ethereum is a good idea, even though its hardforks launch was postponed until February. I am sure that after hardfork does take place and the network will be updated, the price of ETH will increase, so you need to buy more coins to make a profit in the short term.

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January 19, 2019, 12:05:26 PM
 #54

Disclaimer: I already own 15 or so different altcoins for long term hold, that won’t sell for several years.

I’m looking to purchase before the fork, investing maybe $1k, for a short term profit. Hoping the prices rises, I can sell before the dump. If there is the drop in price, these can also be held longer term until profitable.

Thoughts?

There are no sure on this pump. as we have seen the BCH FORK before after it happened and reopen the  transaction and exchanges.
BCH fell so hard for more than 50 percent in the market.
ETH my rise more than double or it can also fall, we are not sure.
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January 19, 2019, 12:14:47 PM
 #55

I hope the ethereum fork isn't just for a short term profit. And right now the price of ethereum are still low, it should be a good time to purchase and keep them until it rise.

I mean, I totally agree and follow the intention, rich in the short term. That I believe is possible, but there are some other signs that prove my actions and your words will be correct in the near future  Shocked

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January 19, 2019, 12:19:34 PM
 #56

I can say that now you should not invest your money in altcoins. I think that prices will be even lower in a month
some people are still in a state of confidence in investing, only those who invest must be more careful and can analyze the current price.

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January 19, 2019, 12:20:39 PM
 #57

I’m looking to purchase before the fork, investing maybe $1k, for a short term profit. Hoping the prices rises, I can sell before the dump. If there is the drop in price, these can also be held longer term until profitable.

Thoughts?

The best time to buy is during it's bottom around the $80-$90 range before the fork and just hold for a month because it peaked at $150++ if I'm not mistaken so that is the best scenario for doing short term profit.

Above $100 though is too much of a risk, but who knows, we might see it attempt to breach $160 range. So try to weight your options and be mindful of your exit strategy as well.

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January 19, 2019, 12:22:59 PM
 #58

Not what was expected. this time hardfork ethereum in my opinion was very disappointing because the increase did not occur so much and it actually happened that there were many problems regarding the hardfork controversy
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January 19, 2019, 12:25:46 PM
 #59

I have the same thoughts as you in this matter. But there are different ways we can do it. I bought at least 1000 coins that are currently low prices for me to hold, and I will not sell even though the price starts to rise. I want to hold on for a long time.

This is the right thing you did, try to wait for a while. The price of Ethereum is very fluctuating and it is very likely that the low price hitting the bottom is a stepping stone for ETH to rise higher and higher  Grin Cool

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January 19, 2019, 12:32:01 PM
 #60

I think you can buy ethereum now, because now the price of ethereum is also starting to rise, so you also really will get a lot of profits.
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