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Author Topic: Consider the Forks  (Read 51 times)
TheMimic1 (OP)
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May 11, 2021, 07:16:59 AM
 #1

This is not a financial advice, only invest what you can afford to lose

Never underestimate fork coins in bull season, if you hate fork coins so much don't so it in bull season because after every top popular coins have surge rapidly to an extent the forks will be call upon, yea I'm talking about these so called shitcoins

1. Ethereum Classic
2. Bitcoin Private
3. Bitcoin Gold
4. Zclassic and many others

They are the fastest way of making big money, many already ridiculed BCH but look at the valeu since past weeks now

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shogun47
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May 11, 2021, 10:32:26 AM
 #2

The effect of forks was thought to have effects detrimental to the "original" chain. From what we can tell today it hasn't been the case. Forks are part of cryptocurrencies although the circumstances under which thy com to existence isn't always well-intentioned.

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anu1908
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May 11, 2021, 11:21:50 AM
 #3

it's not because they are forks per se, but because most of them belongs to the top 100 crypto. in a bull/alt season nearly all of them pump due to the hype, and you'll see them bleed real hard when the bear market comes. it's a great money making machine if you can enter and exit the cycle at the perfect time.
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May 20, 2021, 11:58:03 PM
 #4

I always try to avoid the forks of the major cryptocurrencies unless they are forks that are well known and have survived years with different market conditions as a major crypto. Bitcoin has over 70 forks and there have been some cases of newbies trying to invest in BTC but due to one reason or the other, they end up buying a worthless BTC fork because they thought it was cheaper.

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May 21, 2021, 12:13:59 AM
 #5


One reason why they also rise is that their price is based on BTC. If BTC goes up, these altcoins also go up even when not bought by volume.

I always try to avoid the forks of the major cryptocurrencies unless they are forks that are well known and have survived years with different market conditions as major crypto. Bitcoin has over 70 forks and there have been some cases of newbies trying to invest in BTC but due to one reason or the other, they end up buying a worthless BTC fork because they thought it was cheaper.

You can't avoid them when the coin you hold are being forked but since they are free money, take it because you earned them. Many of the BTC holders from the beginning claimed their BCH and BSV for their free money.

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May 21, 2021, 02:10:45 AM
 #6


They are not fastest way to make big money. Shiba has performed even better than those fork coins. Fork coins like ETC, zclassic lack of utility usage. I will pick shiba as a better fork rather than all of those forks.
The fork coins are pump and dump coin and this is the fact.
If you can buy a coin with a real product and why do we need to bet to the fork coins?  Roll Eyes

Fork is just pump and dump coin and no more.

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