Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?
Let me know your thoughts.
Expected price would really fall on those months specially on before November fork just like what happen before on August 1 event we did see the price dips and we can really assume that this upcoming fork again would happen that kind of dips which we should really be ready on that one and as an investor i would risk to buy bitcoin as of now because we are still 2 months away and prices might still climb and we would able to sell out and take profits and when november comes keep an eye on the dip and buy cheap coins because price will bounce back for sure.
The price had fallen only cause of a smart game of speculators who made the mass panic around the fork. I doubt that people will eat the same story again. So, I don't expect some big fall by November.