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Last post Author Topic: Earning More with Cryptocurrency  (Read 2764 times)

Deozaan

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Re: Earning More with Cryptocurrency
« Reply #25 on: July 22, 2021, 01:05 PM »
Assuming your intention is to sell one or both coins after the fork, the other thing to keep in mind is that you also need to find exchanges or people who are willing to buy the coin(s) you want to sell.

If the largest miner is the only one who values the old coin/fork, or if none of the major exchanges are going to continue supporting the old fork, then the miner is probably not interested in buying it, and they're going to have a hard time selling it.

My point is basically a reminder that cryptocurrency only has value because people agree it has value. If you can't find someone who values what you're trying to sell, then what you are trying to sell is, by definition, essentially worthless.