BTC Bitcoin Fork SegWit - How to PROFIT from the Fork! UASF

in #bitcoin7 years ago

Bitcoin August 1st User Activated Soft Fork

So if you keep your money in an off line wallet you could end up with 2 or 3 different versions of Bitcoin, right? And you think that's a good thing? It's not.

First off I'd like to give you props for taking your coins off Exchanges at least. Between possible pre-Fork and post-Fork BTC freezes, and exchanges deciding which cryptocurrency they consider legitimate, an off line wallet is the way to go.

Would you like to know what Vincent Briatore aka CryptoDamus will be doing??

Well, I'm interested in what the price of BTC will do. That's what I'm concerned about, and how I can make a profit. For this I looked back to see how the price of Ethereum was affected by their hard fork. Take in consideration that the ETH Hard Fork happened without warning and the price of ETH still temporarily dropped. Now think what would have happened if people knew about it and panic sold b4 the fork?? I'm thinking a much bigger dipp.

If exchanges post freez BTC to stabilize the price you wont be able to trade. But if you are on the outside looking in you will be able to buy the dipp!! See where I'm going with this? Watch my video for a quick, no nonsense run down.

To stay up to date on the cryptosphere make sure you subscribe to my channel:

YouTube: http://youtube.com/ethereumevangelist
Twitter: http://twitter.com/vincentbriatore
Facebook: http://facebook.com/vincentbriatore
even IG: http://instagram.com/vincentbriatore

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Good post!

I actually converted all of my bitcoin into a few more stable cryptos until after the 1st, kind of let the dust settle before getting some more. I feel better about it that way..haha

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