How to make REAL money with the Bitcoin Gold Fork!

Many crypto people are pooping all over the Bitcoin Gold (BTG) fork this morning as BTC dropped and the altcoins came roaring back. First of all, this is the most basic of fundamental corrections for Bitcoin (BTC). The market had priced the projected value of BTG into the BTC price and naturally gave that value back as soon as the fork block was mined. Naturally, this would provide a corresponding lift to the depressed altcoins.

The real interest in BTG won’t be measurable for a few weeks. The listing on exchanges and the resultant pumping and dumping will clear the room of those who were just there to collect the dividend. The REAL market begins when we’re able to measure the uptake in mining. Since BTG has chosen a proven, ASIC resistant Equihash algorithm there is a real opportunity to move a measurable chunk of mining into the hands of the individuals, as opposed to the industrial mining companies.

The futures market for BTG are currently indicating a price between $350 and $500. My plan is to hold my BTG for a while. Let the dumpers collect their quick reward, sell into the pump and invest in some high-end GPUs and let them loose on mining.

What are your plans with your own BTG? Please let me know in the comments below.

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DISCLAIMER: These are my opinions and not to be construed as investment advice. All investments in crypto carry substantial risk and should only be undertaken with money that you can absolutely afford to lose. Consult your investment adviser and/or significant other before making any investment in anything.