Because it can get even cheaper. What will stop it from trading at $10? Or maybe you're right & it goes to $1000 ;)
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Because it can get even cheaper. What will stop it from trading at $10? Or maybe you're right & it goes to $1000 ;)
My plan is not to sell any of my legacy bitcoins (those before the fork). In that case, a low value BCC would mean a high value BTC, so it would balance out anyway. But if I buy new BCCs at a very low price, say only $200, I would get huge profit if later its price increases significantly. Otherwise, since I wouldn't have invested much, I wouldn't lose much anyway.