Post
Topic
Board Altcoin Discussion
Re: Whats Bitcoin gonna do now till Christmas?
by
Immakillya
on 22/10/2017, 11:59:47 UTC
This is purely for thinking about Altcoin trading. (don't move please mods)

What is most likely to happen through the coming forks, Gold and the November fork to the price of Bitcoin? And how that will affect the alt coin markets.

Well, maybe altcoin market will still at the bearish status. Attentions of people are on Bitcoin. We anything about that. We can't dictate them what to buy. It is what it is. I think Bitcoin still keeps on bubbling at the end of the year IMO. While altcoins stuck from on red marks. That's how it works. If Bitcoin surge, altcoins are falling. That's why in this situation, you need to diversify your portfolio. Bitcoin is a sure profit. So keep 50%-60% on Bitcoin. And the other is for  altcoins. You know, just for assurance that it could cover your loss once you loss to altcoins. Anyway, bearish market i think may take long. So it's recommended that you only use small percent of your portfolio on altcoins.

Bitcoin rally is not over. I think the price will go atleast to $7000-$8000 at the end of the year.
Bitcoin gold will probably will lose against Bitcoin. People will just dump Bitcoin gold for Bitcoin. So expect the price surge after the fork.