I must admit that I only started investng in Bitcoin at around the $3000 price, but I saw it soar to nearly $8k in anticipation of the Seg2 split....which is now void...and the price is instantly plummeting as Bitcoin Cash is soaring? WTF! I've lost $2k in Btc in 48 hours? Is BTC going to continue spiralling downward and for how long? What is the bottom going to be? Am I supposed to just transfer everything to Bitcoin Cash?
Advice for a noob? Thanks kindy!
You lost 2k of the possible money you might have got if you would have sold at 8000.
Just like how I lost a thousand times for not selling at the highest point and buying at the lowest.
Look at the bright side you have doubled your money even at this point.
Of course you might switch to BCH and once the pump is done you might end with 300 instead of 3000.
Oh, and about the future price, I'm going to tell you once I get a new globe on Black friday. My old one is in the shop and is getting the wrong predictions.
Really now, who do you think has the right answer when this is going to end?