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!
EDIT: OR DOES ANY OF THIS HAVE TO DO WITH TOMORROW'S BITCOIN GOLD FORK?
We undrstand your fears about losing the value of your coins and getting worried is very normal at such times . Yet you already know that bitcoin managed to rise again after every hard fork and ever new cryptos ( which all of them were very successfull at their beginnings and were direct threat to bitcoin ) . So i won't really be any worried and i won't really bother the value drop now because , and mark my words , no one will take the crown out of bitcoin .