Having read about the the fight of Core vs Classic and the potential of a fork happening. I have a few questions concerning what would happen when a fork happens. I feel its inevitable a fork will occur. Currently our coins reside on just one chain the Bitcoin core chain at the moment. If a fork were to happen and Classic takes over, my coins prior to the fork will reside on both chains. But if a fork happens now I must decide on which chain to buy my coins on. Is this correct?
It's safe to assume that when the fork happens there will still be a certain amount of nodes clinging to the less popular chain creating an extra Bitcoin blockchain. At first the coins on this less popular network will plumment in price, but it will stabilize at a much lower price compared to the main chain. Now the users pre-fork will have 2 separate accounts containing the same amount of coins. Is this correct?
Now my question is, would it be wise to buy your coins before the fork? Then sell the less popular forked coins when it happens? Or is there another scenario that might play out that I haven't factored in yet?