Ethereum fork for short term profit?

[GatotKaca]

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?

with the decrease that occurs in Ethereum at this time until its position is displaced by XRP from the best altcoin, that does not mean Ethereum will experience continuous difficulties. Ethereum is still the best altcoin at this time that has a large volume and a clear concept, only takes time to be able to fix and develop again. You can make a long-term investment for Ethereum.

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[ninja811]

It seems to me that in the conditions of growing market cryptocurrency will be a good decision to invest in Ethereum for the long term.
Obviously, this is a good coin that will grow in value over time after the market has risen, and then it will be possible to sell it profitably.

[shadowduck]

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.

I agree that now you can buy Ethereum but it is better to sell it when the price reaches 170-180 dollars

[CryptoAssasin]

The hardfork had been rescheduled to last week of February so this will be a long wait and you can observe with the price movement of ethereum before the hardfork. There could be a chance that the whales will take this as a chance to get more ethereum before the hardfork so we may see a price dump on ethereum after a 2 or 3 weeks. Hardforks always is a great chance for short term profit but be careful on what price to enter.

[Hanebel]

I hope you had made some profits before ETH dropped to around 120$ this week. And I feel it will rise up again as the last week of February approaches. I just don't get why a reschedule is necessary, I think I miss something.

[BADBITCH]

EITher short term or long term profit
Investing based on hope and not research s always a short term loss

Now that the fork has been postponed, and the market is red
Where do you get profits

[apitico]

I don't think it's worth investing in Ethereum right now, as its price is more likely to continue to fall. I think we'll see the price of $ 80 again soon. In a bear market, it is better to wait.

[malphite534]

After hard fork of ethereum it gets dumped already and I don't know how it will be rise up again as you can see lot of altcoins also dumps so no exact day for increasing again.

[jeromix]

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?

Yeah that would be good. A truly business minded individual should not make any trade with losses. So if the coins value still.not profitable to trade what you said about holding it until profitable is a good attitude. I just hope that it was being applied to you and you walk the talk. If you are looking for a good altcoin that even in bearish market still increases its market price then search for CHT tokens.

[travwill]

As you could see, just before the fork, the price collapsed due to the found vulnerability and the postpone fork date. The part of people who wanted to make money on the fork bought coins just before this moment, and they did not have time to sell them before the collapse. Thus, they suffered a loss due to unforeseen circumstances.