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RE: August 1st, and the Art of Not Getting F#rked
I don't think BTC will hardfork. Once the uncertainty and doubt is gone, then BTC will rise back to the $3000 and I feel the alt coins will rise with it. In the meantime most of my crypto is sitting in LTC. I feel that is a safe coin right now.
When bitcoin forks to bigger blocks on Aug 1, $5000 bitcoin will happen within weeks, if not days.
So it sounds like Bitcoin is going through some major changes that are so complicated that even the most popular of exchanges and wallets can't fully comprehend or support it. That is bad news to me. Can someone layout a clear path to the safest wallet to store your BTC in?
As long as its a wallet where you keep the private keys, you'll be alright.
I think it will go to 3000 as well, I have no idea if it will fork or not, neither scenario would surprise me actually. But yeah, better play safe.