Many traders agree that Bitcoin is a great long term investment, but what about all the short term traders?
There is a value in short term trading of course and these months seem as they were and will be turbulent, making short term trading at higher stake.
But they never said that it is not profitable for short term investment. Many of the users are trading it on daily basis too and they are earning, like you can see people over localbitcoins ,however it involves a little more risk.
A major split of the community is more likely than during a Bitcoin Cash fork and we saw some price drops before the Bitcoin Cash fork and could possibly expect an even bigger drop during this one.
Till now this upcoming fork seems too weak than the last one because there isn't any better support for this one as it was for the last hard fork.
Also due to the bad clarity in China's new ICO ban, it is maybe possible for the government to clarify it's stance on crypto/fiat trading?
Don't worry chinese ban isn't too much effective, and it is expected that soon they will lift their ban over this issue.