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!
Can't tell you much that you'll believe since most of the time it requires for you to actually experience it, but just keep in mind that Ethereum was toted as a "Bitcoin killer" soon after it was first released, and it made some significant gains, but it slowed and sat in the position it is now. It's not a Bitcoin killer, and likely won't ever be, and yet this forum was filled to the brim with such statements.
I can't tell you what to do at all. All I know is that, based on my past experience, it will make gains, slow, and then we will return to normal, in my opinion.