I woke up today with one thing on my mind - to get me some Bitcoins.
Unfortunately for me, it seems that the whole world had the same idea! So here I am selling my silver and gold coins in order to purchase these Bitcoins only to realize that I had chosen the very worst day in the world to do so.
I generally just hold my Bitcoins for specific purchases, as I find them too expensive to move around, not to mention it's a long process which I don't always have the time for. My preferred coin for everyday spending is Litecoin (LTC).
With the big Bitcoin split that everyone's eager for just around the corner, I figured my options are:
1. Purchase Bitcoins to benefit from the free Bitcoin Cash (BCC) coins - I certainly did not expect the the price to go through the roof. Imagine, it was $3900 CAD at the ATM today!
2. Purchase Dash or Ethereum while it's low, and sell when it rises again, using the money to purchase Bitcoins which I predict will be dipping and fluctuating in price due to the split, resulting in a potentially cheaper buy for me.
3. Do nothing, hold on to my cash and see what the market offers after everything settles.
So, what are you going to do when the Bitcoin split hits us? And what do you suggest I do in my position?
Please leave your opinions and advice below!
#Bitcoin #Money #Investment #Altcoins
- Nitego