You are viewing a single comment's thread from:

RE: Segwit2X Was a Planned Hoax All Along? Anonymous Warning from Before Bitcoin Cash Forked - Chinese Miners Planned All Along To Replace BTC with BCC.

Thanks sounds like a shame. I transferred some into Bitcash the other day but not nearly enough, not that I have loads. Wish I had done more though. Was just about to invest in mining bitcoin. Not sure what to do now ?

Sort:  

I think it's unlikely that bitcoin cash will explode upwards in the immediate future.. I think people are figuring out exactly what is going on and almost all commenters I have read called it out as a 'pump and dump' move right away.
i used a 'trailing stop' in an exchange to time my sale of bitcoin cash so that i made about 35% profit.. I can do without the stress of watching my money going up and down at that rate! lol

I was more worried about the bitcoin losing value. I dont have a lot in bitcoin cash but enough to make a small profit over the last couple of days :). Trailing stop? Bit complex for me, don't know a lot really quite small scale.

i was using bitfinex to trade , which has some options i don't remember seeing anywhere else. a trailing stop is not complicated.. it's just a different way of making a bid. you choose how much you will trade and then set a value for how much you are willing to allow the price to drop before you sell. so if you start when the price is £100 and set a drop of £10, the price can go up and up to any value, but as soon as it drops by £10 you will automatically sell. if you time it right it's a great way to be safe.

Umm i'll have to look into it. Find some videos to get me started or posts. I just about to invest in BitClub so not investing in much else at the mo until my funds build up again.

Coin Marketplace

STEEM 0.20
TRX 0.25
JST 0.038
BTC 97741.66
ETH 3472.59
USDT 1.00
SBD 3.19