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RE: Clearing Up Some Misconceptions and FAQs About Bitcoin Cash
Good information. But if people are looking to sell, shouldn't they try to take advantage of the current high price instead of wait a month? or do you expect it will go up much higher still?
You cant sell unless you had your bitcoin stored on an exchange. If you could get into a market now, yeah I would say sell it and if you wanted to buy back in, do it later. However realistically you wont be the first to an exchange when people start dumping so its better off to wait it out until the price recovers a bit.
No one really knows what will happen with the price. Right now you can't buy them from any of the exchanges. You can only trade them if you already had them there, so I'm sure things will get bumpy for a while. Either way it was "free money." Me, for instance, I can't sell them yet. So, I'm waiting and seeing.