📰 Bitcoin Prices Soar Ahead Of Potential Hard Fork
Bitcoin is back & Approaching $5000!
Within the last days the Price of Bitcoin has soared again to Highs between $4500 and $4600 Dollars, while almost all other cryptos lost in value. We are approaching the All time High quite fast once again and Investors already see us surpassing the $5000 USD within the next week.
It´s not sure but it seems like the price rise is based on the rumors around the SegWit2x and the potential hard fork it could cause. So far we don´t know the outcome so that the price rise in BTC might either come from speculations on the hard fork or actually the opposite as Investors gain more confidence through less support on the SegWit2x NYA agreement.
(Source - Cryptocoinsnews.com)
Do you bet on Bitcoin or Buy cheap Cryptos?
The BTC Price will most likely continue to rise during the next days ahead of the potential Hard Fork as speculations increase and many hope to get some profits out of thin air again due to another coin being created. But there´s another possibility to gain some profits, that´s mostly overlooked by many.
While having a look on all the Top 100 Cryptos you may see that almost all of them lost in value, sometimes even very significantly. Buying in right now might allow you to get them at bargain prices as they will rise again as soon as Investors pull out there money from BTC once again in a few days.
So what are you doing?
Buying cheap Cryptos or Betting on Bitcoin?
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Interesting. We will now in november if there will be a hard fork.
I think that the safe option is to buy cheap Cryptos at bargain prices. Everyone is going the other way, and you must take adavantage of the greed that is happening with the forks.
Wise words. Going the opposite way than the greed can pay you back pretty good ;)
Even if the investors pull out their money from BTC, they will keep turning back to BTC time to time.
This is being done, to wait and watch other coins, as to how they are being launched, what purpose they serve, and how well they have the backing from (investors, stakeholders, and the target market).
imo once the price surpasses the 5000$ mark, we will see another triggered sell off as always. probably a good time for getting more.
That´s actually pretty likely...
Bet on btc until the fork. Then swap into shit coins
I´m rather getting into the other great coins now (no shit coins though!)
Thanks for the great post
You´re welcome :)
There is no need to speculate, just hold onto your Bitcoins and ride through the storm.
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