You are viewing a single comment's thread from:

RE: Bitcoin volatility is about to rise !

in #bitcoin7 years ago

This may seem crazy but that is why I am giving the following some thought. EVERY EVERY EVERY article says get bitcoin in wallet that is off and exchange and do not buy for about a week after August 1st. I may keep some money in Tether. If Bitcoin drops enough I may buy on 7/31 or 8/1 and take the risk of missing one of the coins if it splits. There may be such lite activity that getting the main coin at a severe fraction of the cost may be worth it. The rise in Bitcoin over the weeks following August 1st is expected to be very strong if all goes well. This strategy would be a GAMBLE not an investment. Put in $100-200 on a buy just to see what happens. Maybe, it will be like buying Ether on the flash crash.

Sort:  

We're on the same page. I honestly don't think the "exchange" risk is super high. Any exchange who doesn't distribute the duplicate tokens to users is sure to be blacklisted by the community. But on my posts I always try to be very sober and factual about stuff. Still I dig your move. I'm not moving completely out of bitcoins.

Coin Marketplace

STEEM 0.27
TRX 0.26
JST 0.039
BTC 93717.65
ETH 3415.90
USDT 1.00
SBD 3.20