If you sell your bitcoins before a fork, you don’t have a stake in either chain.

Ticker

1 BTC = $39320.00 USD  (via Coinbase)
1 ETH = $2694.92 USD  (via Coinbase)
1 LTC = $140.50 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

What does everyone feel about going cold before a fork to ensure you have access to whatever fork wins whether it is one or two?

I keep seeing people talk about selling before August 1st as insurance and this sounds like a bad idea to me as a long term holder so I am interested in more opinions. As a long term holder I want to maximize my bitcoin holdings over the long term and it seems that selling before a fork is a big gamble. But I see many posts suggesting it so I have to consider it is the better strategy.

edit: here is what I am talking about. Posted after I made this post. They are telling you what you need to do to get ready for BIP148 and it doesn't involve holding bitcoin. https://www.reddit.com/r/Bitcoin/comments/6g55xo/easiest_way_to_get_ready_for_bip_148_for_noobs/

submitted by /u/wowbat
[link] [comments]

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $39320.00 USD  (via Coinbase)
1 ETH = $2694.92 USD  (via Coinbase)
1 LTC = $140.50 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Leave a Reply