August 1st Is Only 1 Day Away! I Don't Think Bitcoin Will Drop.
I do not think Bitcoin will crash, however I do think Bitcoin Cash will crash like crazy when it first comes out. Yesterday I was watching trevonjb's livestream on YouTube and when he asked his viewers what they were going to do with their Bitcoin Cash, majority of his viewers said they were going to sell their Bitcoin Cash. Not a lot of people plan on holding it and we can assume that more people are going to sell it rather than buy it.
It is very possible that after Bitcoin Cash crashes that it will go on a pretty big bull run. I think the Bitcoin price won't be affected at all because the main focus will be Bitcoin Cash and not Bitcoin.
Thanks for reading and let me know your opinion on whats going to happen in the comments below
I will keep mine bitcoincash and maybe buy more if the price completely collapses..
everyone should get there free cash or profit out of bitcoincash and put it all back in to bitcoin and double the price of bitcoin
thats probably whats going to happen
that's what I will be doing it free bitcoin
I believe that you would be interested in strategy analysis. https://steemit.com/bitcoin/@cryptogirl1/four-bitcoin-strategies-for-1st-august-explained
All the best for tomorow.
I could be very profitable to short BCC as soon as it comes onto the market on which exchanges decide to list it then, once the initial sell off is ending, go long and booooommmmmmm... but we will see
time will tell!
Indeed, but I will be glued to my screen like it was a world cup final :-)
If Bitcoin Cash crashes hard. I'm going to soak some of it up! I feel the same way about BTC that it will be fine and will probably go up! Exciting times!
Nice post about cryptocurrency @cryptotraderx, upvoted! I want to invite you for our Discord channel especially for cryptotraders. You can join if you want to share thoughts and content.
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Good post