How i lost $1500 in bicoin cash

How i lost $1500 in bicoin cash

Bitcoin Crypto Gossip.
November 18, 2017 by Bitzamp
287
Video of a guy that lost $1500 in Bitcoin Cash while trying to hedge BTC And BCH at the same time. A lesson for cryto traders. In reaction to his claims this were some of the comments/Advice to him from the cryptocommunity. In my opinion the alt-coin is all about short term quick fixes, if
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Video of a guy that lost $1500 in Bitcoin Cash while trying to hedge BTC And BCH at the same time.

A lesson for cryto traders.

In reaction to his claims this were some of the comments/Advice to him from the cryptocommunity.

In my opinion the alt-coin is all about short term quick fixes, if they were really prepared they could have foreseen the need to code measures in the EDA instead of hard forking unecessarily. This shows a lack of co-ordination, not the presence of. Continuous hard forking is the last thing you want to do with a decentralised system, even if there consensus.
Timing the peak of a pump and dump is basically impossible unless you’re the one orchestrating it. There are unforeseen delays, restrictions whilst you try and get your money in and out. The volume is low at the peak before it crashes again. Don’t try to time the market to make quick profits unless you have experience and a lot of luck. A lot of people were duped in trying to do the same thing and lost even more than you:


Not smart for a guy thats been around since 2012. You’re hedging your bets by holding BTC and BCH, they’re inverse of one another so you’re not gaining anything if one rises an the other falls. Pick one and some other alt coin.

 

 


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