Am I the only one who is under the impression that the price of bitcoin will plummet before day 1 or soon after?
This bitcoin fall to 2400 and the climb up to where it is now get me the impression that the whales are piling up to dump everything before day one.
Also I'm seeing a lot of people wanting to save the bitcoin for the first day thinking that Bitcoin Cash will be worth the same as the bitcoin or that at least they will make good money with it. They are not even realizing how this will devalue bitcoin.
If you are afraid of this August 1 date, causing you not to go on and buy bitcoin, better think of the more distant future. In a year from now, your bitcoin will more than double. All right? So your gut feeling is to short term. Try to stretch you horizon and look at the 6-figure price of bitcoin. Amazing, isn't it?
Well, when investing to Bitcoin, the patience is a factor important need have. Special with trader type holding long term, they always have a look in long time about the value and growth of Bitcoin in future.