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.
Dont be afraid to buy bitcoin, although like what happened in August 1 they predicted that bitcoin's price will dump so others tends to panic selling their bitcoin but what happen after the fork? bitcoin's price increase dramatically. So no one can say what will happen if the fork happen again maybe another pump or maybe dump this time. But it is good to have bitcoin as early as possible because in the future bitcoin will pump as high as it can
This hard fork gives us one more opportunity to buy bitcoins for a low price. When it happened in August the price dump first later, it increased. So the same will repeat in November. My opinion is now the price is very high so wait for next month and sell your coins hold your fiat currency. When the price dumps buy again Bitcoin, and after hard fork, your bitcoins will give you big profit.
How Low prices can go this time after Hard Fork .. Please let me know i am gathering capital to invest i need some time though not more than a month but i am afraid during that period it can go much higher and when it falls it will still be above the current above .