Post
Topic
Board Speculation
Re: Sell Bitcoin ahead of 1st Aug Hard Fork
by
HasHe
on 10/08/2017, 18:23:37 UTC
Hi everyone,

I have recently sold a large part of my BTC  portfolio as I was spooked by a various sources telling me that BTC was heading for plummeting prices  following 1st Aug and hard fork.  They have also said that  July will be incredibly unstable in terms of price as we approach the deadline.  I a now sitting on cash and waiting for the best time t go back into BTC

Given that the price of BTC has risen every day this week and feeling that I sold unnecessarily and am considering buying back in.  can you feedback to me.

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2)  Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

Thanks all

Matt
Many people did the foolish act of selling their bitcoins at the bottom price of $1800 due to the fear of hardfork.It was a lucky chance for big whales who were awaiting for that situation eagerly.They just grabbed those BTCs at very cheap price.Those who have sold BTC at that time are now regretting for their decision.