This is how you should behave during the forks coming within the next 2 months.
1. Bitcoin Gold fork
This one is not supported by any big exchanges currently. The only way to get Bitcoin Gold is move all your BTC to your private BTC wallet. After the Fork you can move them back and wait for an exchange to support Bitcoin Gold. After that you can dump them or what ever you want. its free money
the date can change. The fork block will be 494784. This is everything you need to know.
Now here is what you do:
Bitfinex: 1. Hold BTC before the fork. 2. Go Margin all in on Bitfinex BTCUSD pair 3. sell your Margin position after the fork kicks in (at best you should be in profit a few bucks) 4. Get your Bitcoin chain split coins + those you held on margin 5. profit
If you use Kraken: If Kraken announces support on chain split tokens you can use leverage 5x on USD and EUR pair (T3 verification 25k EUR + 25k USD / T4 verification 100k EUR + 100k USD) Use the highest leverage available for you to get as many free coins as possible If your account is big enough you could also go SHORT on ETHBTC, ETCBTC (google kraken margin limits)
3. sell/buy your Margin position after the fork kicks in (at best you should be in profit a few bucks) 4. Get your Bitcoin chain split coins + those you held on margin 5. profit
FINEX ANNOUNCES BTG SUPPORT 6H TILL FORK YOU KNOW WHAT THAT MEANS?
Note
as of today 1th Nov the hardfork will come earlier then expected. We are in a extended wave which is dangerous to trade. Exposure should be reduced to protect profits.
the first potential top is less then 20% away. Risk/Reward is not good any longer. If you are long like me from much cheaper levels then you can chillax as your profits are protected by 6200 USD support
Note
this is what i was talking about. massive topping pattern.
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