Bitcoin CashUpdated BCH Could Climb Much Higher Or Not
Got in at $305 due to TA. Rode up and sold into strength once the volume picked up for this one.
Have heard many things... BCH is better, BTC will correct (I agree)... but I have no idea what will happen with this correction. Even with the potential for ETH to jump up... if BTC corrects soon then ETH can follow even lower and so could BCH. BCH has followed BTC... sometimes... other times not, so it's a guessing game. I figure pull profits now as it goes up since I bought so low and wait it out. There is lots of time to get back in another time. Don't get greedy. Don't fall in love with any security or crypto. Make money and bail.
If it suddenly jumps to $1000 I won't like it but I'll respect my profit. There will be down days too.
Have heard many things... BCH is better, BTC will correct (I agree)... but I have no idea what will happen with this correction. Even with the potential for ETH to jump up... if BTC corrects soon then ETH can follow even lower and so could BCH. BCH has followed BTC... sometimes... other times not, so it's a guessing game. I figure pull profits now as it goes up since I bought so low and wait it out. There is lots of time to get back in another time. Don't get greedy. Don't fall in love with any security or crypto. Make money and bail.
If it suddenly jumps to $1000 I won't like it but I'll respect my profit. There will be down days too.
Note
Interesting article about the upcoming BTC fork and it seems to imply that all may not go well with Segwit2x. Perhaps it will ultimately fall apart without the proper consensus behind it and others rush to mine BCH instead.
Don't know but worth a read.
coindesk.com/opinion-segwit2x-doomed-fail/
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.