Chain Death Spiral

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As I have touched on in a previous post there are several known risks with Bitcoin Legacy aka Bitcoin Core right now. You can read my previous post here:
https://www.jaredschlar.com/2017/11/now-that-bitcoin-segwit2x-fork-passed.html

Bitcoin Legacy has some problems:

Bitcoin Legacy - Chain Death Spiral. If you want to read more about this potential problem from an expert visit - https://bitcoinandtheblockchain.blogspot.com/2017/08/chain-death-spiral-fatal-bitcoin.html

Bitcoin Legacy - Severe network congestion. There are about 58MB in the pool right now for Bitcoin Legacy vs Bitcoin Cash which is .1MB.

Bitcoin Legacy - Civil War with BCH and other contentious groups. There may be another fork coming in January. We shall see.

This brings up a good point which is unless you are 100% confident in holding one coin, it’s best to diversify into multiple coins.
I am a crypto enthusiast who has been in the space since 2014. I also am an expert in digital marketing which lends me an edge in crypto investing. I share my ideas freely on my crypto blog and will help people learn more about crypto to make better investment decisions. For college I graduated from Northeastern University in 2009 with a degree in Finance and worked at BlackRock while in Boston.

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