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Author Topic: Bitcoin or Bitcoin Cash ($250) investment  (Read 252 times)
andreijoaquin (OP)
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May 15, 2021, 10:59:59 AM
 #1

The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?
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May 15, 2021, 11:09:21 AM
 #2

The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.
Have you thought what kind of investment will that be? When would you like to withdraw your profits?

What should I buy?
Whatever you buy, you'll have to understand if you're going long-term or short-term. If you invest $250 on almost every cryptocurrency with potential and “bright future” right now, you'll see profits long-termly. The short-term way is dangerous, as always.

As for the title's question, I'd put them on Bitcoin. The other one is far more centralized and less secure. Not to mention that I don't agree with the way it works.

any advice?
Do not invest blindly. Understand each crypto's ability and judge by yourself if you think that it'll be useful in the future.

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May 15, 2021, 11:24:16 AM
 #3

What should I buy?any advice?

Neither. If you are asking this then you have no idea what you're doing and you don't know the differences (at least as investment) between the two coins.
Learn more and then you'll know what to do. A 250$ investment is not that time critical.

will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

Do you expect us to have a crystal globe and predict the future?
Neither is really safe, it just .. one is altcoin, hence in theory even more volatile than Bitcoin; also it can be the subject of heavy price manipulation. And the other one is Bitcoin, which, now it goes downside although it's expected to be in the middle of bull run.

As I said, you have to read more and decide for yourself.

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May 15, 2021, 11:25:29 AM
 #4

Contributions are that bitcoin is the best so far because it is not manipulated by any developer only whales can and fud but altcoins can dump deep at the request of a developer living the project. However, sometimes short term investment have also done good run and profit to hodlers. The list of such coins are endless.

Investment needs proper research to make profit whether on a longtime or short-term.
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May 15, 2021, 11:33:38 AM
 #5

It's a cliche but do your own research but I don't think that as a newbie you should dabble on other cryptocurrency besides bitcoin, try to do some research on bitcoin and invest in it first, and you also have to take the recommendations in this thread including mine with a grain of salt because we aren't responsible for your finances.

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May 15, 2021, 11:36:10 AM
 #6

The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

I don't believe in Bitcoin Cash so much but you could give it a try as it's not a very big investment. It was on the rise for some time but was affected really badly from the recent news.

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May 15, 2021, 12:00:05 PM
 #7

The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

True, it offers a lot of opportunity for us to make money through investments.

What should I buy?any advice?

This is very hard to answer because it's hard to give financial advise, in any case what is goal? Long or short term?

will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

I can't tell anything about Bitcoin Cash because personally I haven't investment any on it.

So I will be biased and I think majority here will tell you to invest on Bitcoin. However, it's really up to you to make the final decision. You should understand everything, specially where are you going to put it, what wallet? or are you going to just sit in on exchanges which is not a good practice. And if you are going to a personal wallet, do you know how to protect it?

R


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May 15, 2021, 12:46:50 PM
 #8

Do your research and understand what kind of investment this is. It's not really good way to ask random people what to do with your money. The only thing i'd say both of this optoins are not bad.
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May 15, 2021, 01:03:55 PM
 #9

What should I buy?any advice?

Neither. If you are asking this then you have no idea what you're doing and you don't know the differences (at least as investment) between the two coins.
Learn more and then you'll know what to do. A 250$ investment is not that time critical.

will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

Do you expect us to have a crystal globe and predict the future?
Neither is really safe, it just .. one is altcoin, hence in theory even more volatile than Bitcoin; also it can be the subject of heavy price manipulation. And the other one is Bitcoin, which, now it goes downside although it's expected to be in the middle of bull run.

As I said, you have to read more and decide for yourself.

I am with NeuroticFish on this. The only thing I would add is that the way you are asking you might wanna go to the casino and try you luck there. The mathematical expectancy is negative over the long-term but if you win you'll make your money faster.

If at some point in the future you consider a long term vision for investment, besides having understood what is the Bitcoin and shitcoin cash, maybe an interesting option is to buy $250 of Bitcoin and not sell them, but keep buying every month what you can $250 or $50 until with what you buy and the return you accumulate a good capital.


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May 15, 2021, 01:33:44 PM
 #10

Ever since BCH came in to existence in 2017, it's prices have fluctuated between BTC0.006 and BTC0.040. Right now, I have a feeling that the prices are on the higher side (>BTC0.025). I would advice you to wait for sometime, so that the prices come down. A good price for long-term investment would be BTC0.010-BTC0.012. Once you accumulate at these prices, you can set different targets for profit booking, for the next 3 years. BCH is a promising coin, with a number of powerful backers.

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May 15, 2021, 02:39:16 PM
 #11

will bitcoin cash increase 50% more from its price today?
only the pumping team responsible for this shitcoin's pump and dumps can answer that and they will never tell others before the pump. otherwise we can't analyze a coin that has no reason to rise up since it is a scam coin.

Quote
or I just go to bitcoin cause it's more safe?
only bitcoin but not because of safe investment but because bitcoin has a reason to go up and that is its increasing adoption.

There is a FOMO brewing...
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May 15, 2021, 03:30:05 PM
 #12

What should I buy?any advice?

Neither. If you are asking this then you have no idea what you're doing and you don't know the differences (at least as investment) between the two coins.
Learn more and then you'll know what to do. A 250$ investment is not that time critical.

will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

Do you expect us to have a crystal globe and predict the future?
Neither is really safe, it just .. one is altcoin, hence in theory even more volatile than Bitcoin; also it can be the subject of heavy price manipulation. And the other one is Bitcoin, which, now it goes downside although it's expected to be in the middle of bull run.

As I said, you have to read more and decide for yourself.

I think to become a good trader reading doesn't help a lot. What helps is experiencing it first hand and making mistakes because mistakes are painful and teach you not to repeat them. One thing that is good to start with is to not start with to much and that is what you seem to be doing. Reading adds to your knowledge, but experiencing it is different.
Regarding manipulation @Neuroticfish, that is probably the same for both BTC and BCH. Wink Who really knows what's going on between the Bitcoin billionaires?

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May 15, 2021, 04:33:30 PM
 #13

The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

IMO.
Neither,

With only $250 buying BTC or BCH is a waste of time for you as mere fractions of a coin won't do much for you.
Unless you are talking $250 every month, then either works.

If you only have it for a single investment, then Cardano is your best shot.
Your $250 would get you , 114 coins.
Wait ~10 years and Cardano could be worth ~$1000 each and you made ~$114,000 bucks.
Which it is already Proof of Stake , and anyone paying attention can see Elon is leading the world in the energy efficient direction..... Wink
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May 15, 2021, 04:37:01 PM
 #14

The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?
I will suggest that you study the markets way more before taking any kind of decisions, it would be the easiest thing on the world to recommend bitcoin over any altcoin, since there is no way to know if bitcoin cash is going to keep existing over the long term but at the end of the day the decision is yours, however you need to understand that you are investing in a moment in the market in which the price is already too high and the profits could not be as good as you think.

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May 15, 2021, 06:44:00 PM
 #15

Choose bitcoin but do it when you've understand already how volatile it is just like the other cryptocurrencies.

You don't need to think of it and choose the other option that you've brought up. If you invest that amount in bitcoin, what's your plan next? you're going to hold it just like majority of the people here? or you're going to think of another coin to invest with another capital that might come to you?

If you're thinking about a certain percentage of profit from any of the two, there's no person that can promise you that.

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May 15, 2021, 06:47:53 PM
 #16

The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?
Hi
If you are looking for a solid investment, go with Bitcoins but do realize that people with power , the big whales are trying to Manipulate the price and make the BTC fall down. Take example of musk and square they are now suddenly all about environment, when they do not realizing that soon after we will be done with all the BTC and then only power consumption would be of transaction confirmation, plus people are already looking for greener alternatives. So the price might go down but at the end it's more or so a long term investments.
For short while go for DOGE , Elon Musk is manipulating it's price also therefore the market is strong there right now but do not trust the man , take out when you make enough profit. Like you can literally buy at 0.30 and sell at 0.50 even then if you had a lot to invest you can get good profit. But I don't think it's worth considering for long term. Then we also have ETH. It's really good opportunity too. But BTC Gold....why ? Just why ?

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May 15, 2021, 06:52:50 PM
 #17

The market opens opportunity for investors and I want to take the opportunity to somehow start my investment.

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?
Depends!

No one would ever know on how these 2 coins would increase out its price even though im really against or not really like BCH but when it comes to liquidity or volume this coin still has it.

If you do look for BCH can potentially move that way then its your choice.Try to look at on some projects in the market which is more worth compared to BCH.

If you do decide to hold then stick to top coins but if you do decide on actively trade then stick to those high volumes.

R


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May 15, 2021, 07:30:00 PM
 #18

I think to become a good trader reading doesn't help a lot. What helps is experiencing it first hand and making mistakes because mistakes are painful and teach you not to repeat them. One thing that is good to start with is to not start with to much and that is what you seem to be doing. Reading adds to your knowledge, but experiencing it is different.
Regarding manipulation @Neuroticfish, that is probably the same for both BTC and BCH. Wink Who really knows what's going on between the Bitcoin billionaires?

This was about investing and not trading.

Then, for trading one has to learn and understand TA, one has to learn to "read" the news and rumors, one has to learn how to use safety nets and even then it may not be enough. And only afterwards actual experience can come. Most people around here is treating trading like gambling and sooner or later - especially if they get greedy - they get burnt.

The difference between Bitcoin is BCash is the for manipulating Bitcoin you may need billions, while for BCash much smaller amounts will do and Roger has the amounts and skills to do that with BCash as he pleases. Just my 2 satoshi...

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May 15, 2021, 11:03:21 PM
 #19

Like you said this is the right time to invest and it also the time to choose your investment wisely but judging by Bitcoin cash trend altcoin like Ethereun, BNB, DOT, YFI are still preferable to invest in than invest in BCH. However, the ever safe investment in cryptocurrency is Bitcoin while Bitcoin Cash Is just one of the shitcoin will have in the market.

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May 15, 2021, 11:09:22 PM
 #20

What should I buy?any advice?
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?

You must buy BTC instead of fork coin like BCH but BCH can be used as a way to diversify your portfolio. none knows when the price of BCH will increase but you should remember that if BCH looks bearish caused by bitcoin.
It's better to divide your money to be used to invest in both the coins. BTC can be used as a safe investment for your money and you can put less to the BCH to get more opportunity to gain more profit from the market.
Think about that wisely dude. You will be facing a very high risk of investing in altcoin.

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