SERIOUS FOMO. SHOULD I BUY BTC OR ZCLASSIC?
I'm having some serious FOMO. I have NO BTC (don't laugh........actually, do laugh. It is laughable). And well, there's a hard fork coming up that will result in free Bitcoin Private.
If you own BTC, you'll get 1:1 BTCP.
If you own Zclassic, it will result in 1:1 BTCP.
So you'll keep your BTC and Zclassic, but you'll have that much in BTCP as well.
My main sources of info at this time come from:
@erodedthoughts -- Bitcoin Private
Thoughts on Zclassic (discussion board)
What you need to know about upcoming bitcoin hardforks
Frankly, having BTC is worth it in itself. So I could just buy a thousandth of a fraction of BTC with my $220. OR I could buy $110 BTC and $110 Zclassic and watch them both split.
Then again, altcoins are a risk. Especially when you don't have a lot to speculate with. There are exchange fees, unreliable wallets, too many forks that are not supported on good exchanges, and well-intentioned but erroneous rumors that lead you down the toilet.
@mynameisbrian's suggestion is to avoid altcoins and just stick with the high confidence stuff like BTC and ETC. I tend to agree with him. Maybe I'll just hodl.
What would YOU do? ANY THOUGHTS???
In cryptocurrency life price rise today and decline tomorrow should be always careful and smart
True, but I'm gunna take a gamble on the hard fork coming up mid - end of January. Only thing is, I probably should set up a wallet for my new btcp, right? Or else, will it just disappear? I don't know how that works...
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I would avoid both of those coins right now. I believe in litecoin because of Charlie Lee’s skill at dealmaking and advocacy. However, I have been intending to invest in PIVX and DASH because they both have treasury funds that can pay for marketing and advertising.
Yeah, I think I'll stay away. I'm gun shy on those right now. I changed my mind. Too much what if right now. Zclassic's already over $200.