$5,000. BTC, ETH, or BCH?

BitFit

Contributor
Title says it all. I’ve got $5k in transit to Coinbase purely for short-term trading ofmone of those 3. No litecoin interest.

So which one or combo gets the money? I could split it 3 ways evenly, but I’m thinking $2k each BCH and ETH and $1k BTC. Purely speculative buy.

Any advice?
 

The CC Forums

Admin
Staff member
I hate giving specific investment advice. I’m not a financial advisor by trade, and the risks of crypto are huge.

If you’ve already decided to put the $5k in based on your investment strategies, it seems to me that near-term ETH and BCH or oversold. Longer term bitcoin probably still gets the nod for most likely to be higher 2 years from now.

But I agree that prices are starting to look attractive. ETH taking a hit because ICO’s are dying? If so, that will dampen any upward price pressure. Your 40/40/20% plan is probably safest. Report your trading progress here if you wish.
 

CryptoTC

Crypto Fat Cat
Careful giving specific investment amounts.

Hopefully your money is still “in transit” since markets are plummeting again today.

BCH is looking interesting at $750, anyone else agree?
 

BitFit

Contributor
Update from me.

I bought small amounts of BCH and ETH. Still holding off on more BTC though.
 
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