To trade or to hold.
Since buying 1 bitcoin in September 2017. Just missing out on the bcash fork. I have held 1 BTC and traded a small amount in the attempt to get my stake back. I have managed to increase that to to close to the stake value. Rather than trading cryptos, If I had simply held bitcoin and payed more attention to my bitcoin holding I would have made more money.
I was too focused on the wild volatility of a market and the potential gains flashing in red and green candles on my screen. I should have looked after my bitcoin holding, done my homework and made sure I got /split my free crypto forks of bitcoin.(aka crypto dividends)
If I had paid more attention to these facts I would have bought bitcoin sooner before the Bcash fork(now worth 2k per coin)
Having started to realise about these forks and the potential to recover free bitcoin forked cryptos I decided to get organised.
Before Christmas I bought a Trezor hardware wallet in a response to the need to secure my now significant holding and register my bitcoin for the coming BRhodium air drop. All bitcoin holders needed to register their address to qualify for a free air drop of 10 BRhodium to every 1 bitcoin held. I stood to gain 9.7 BRhodium. Again my lack of proactivity led me to delay registration until 2 days before the snap shot deadline. Naturally due to high demand the allocation was met early and they had closed the registration some 6 hours before I finally managed to get my son of my PC do I could do the Trezor wallet registration. Again I missed out on more free crypto currency. So I’ve held approx 1 bitcoin since September. Was ready to buy early August but hesitated. So missed out on 1BTC 1BTgold 10Brhodium and still havnt got round to getting my 1 B diamond. That total free crypto plus the 300% or so gains since September would have easily beaten the gains from trading and losing percentage on the price margin every time I made a trade.
My advice is to hold bitcoin and get your free bitcoin alts.
Did the Rhodium and DIamond forks really happen? I didn't check?
Do you hold any BCH? If yes then you are in for a Bitcoin Candy airdrop. It the fork is real, of course.
I think I may still be able to get b diamond. Trezor are working on splitting it. B rhodium is done. I might still buy or mine some (gpu friendly). With zclassic forking into bitcoin and spread coin becoming bitcoin spread (not a fork just a name change) it seems the bitcoin brand really helps establish/pump these alts. Andy Hoffman’s posts are worth checking out, he’s very bullish on BRhodium and the upcoming Bprivate fork is keenly anticipated.