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?
At least you are still lucky because only lost $2000 of profit
I think the battle between Bitcoin and BitcoinCash is still going on this week,maybe the bottom of Bitcoin is $5000 and do not transfer everything to BitcoinCash because that means you are betting on BitcoinCash