Welcome to July, the Craziest Month ever for Bitcoin

in #bitcoin7 years ago (edited)

This month could be one of the most volatile months in all of Bitcoin history. This is a month that many have been dreading. In July, drama about SegWit2x will start to pick up as we near closer to either SegWit2x or UASF. Be prepared to see your coin jump in value and prehaphs even drop to zero if this conflict is not solved soon.
If you don't like to take risks and you want to protect your money get all of your bitcoin out of exchanges and out of hot wallets. Make sure you put all of your money into either cold storage or on a Hardware/Paper wallet. No exchange or wallet service has guaranteed that Bitcoin stored on their sites will be protected from the fork. Be safe and thanks for reading.
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I will be buying every time BTC has a huge sell off! 5 years from now, Bitcoin we will be much more than it is today.

What if the bitcoin fork becomes the new 'Bitcoin'? You will see a drop like crazy in the current BTC? Sure it'll catch up long term (2-3 years) but you might as buy in after the big crash instead of right now.

Sure, it may go up like crazy if the current BTC remains the MVP 'Bitcoin' but its a gamble.

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