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?
The drop on bitcoin is really alarming, yet if you look at how much you earn when you start to invest in bitcoin you can see that you still have profit. I suggest you to take your profit and change it to fiat or invest on other crypto to prevent defecit on your money. Monitor the price of bitcoin the its up to you to decide whether or not you would continue to invest on bitcoin.