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4 Karma

Review on Bitcoin Diamond by Isaac Nelson

Revainrating 4 out of 5

While the sharp drop in price from the peak of $94 in November 2017 to about $4…

While the sharp drop in price from the peak of $94 in November 2017 to about $4.5 in end of April 2018 might be scaring, the Bitcoin Diamond is still one of the best options out there. The bad performance has been linked to bad publicity related to forking Bitcoin. Besides, most Bitcoin holders dumped the BCD awarded to them causing an oversupply and downward price shift. However, the truth is that Bitcoin Diamond is a separate network that is focusing on progressively improving users' experience. This is why more people are joining it to enjoy services that are not available on the original Bitcoin. For example, the price between 1st of April and 23rd of April 2018 shifted more than 100% from $2.15 to $4.50.



Pros
  • The selected trading platform should have a good and easy to use user interface. This will help you to have issues addressed fast and comprehensively without wasting reliable trading opportunities. The best selling and trading platforms include Binance, CEX.io, KuCoin, and Coinegg.
Cons
  • Where possible, consider selecting only the trading platform that insures or secures traders’ assets in cold storage. This helps to reduce the risk of loss in the event of an attack.

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