So the infamous fork has now happened in Bitcoin, creating the new Bitcoin Cash. Bitcoin Cash is now selling at $641.30. 2 hours ago it was in the $400's. Bitcoin Cash is ON FIRE. I'll be curious to see where it goes from here? I know that there is lot's of excitement out about it, however ??? I'm sitting on the sidelines for a bit, seeing where it ends up in a few days. Just as it has zoomed up, it can also come crashing down.
Good Luck to us all. Cheers.
My Thoughts -
Keep Steeming in Steemit.
- Images uploaded from google imaging (I added the word cash)
Yes it is & it gets to me that I didn't go with my gut feeling about purchasing some when it was down at $220.....smh.
But I don't think it will be going up much more. Those that are holding should sell now & not let the greed get to you because you will then end up holding the bag once it drops back to $250..... in my opinion....
I totally agree.
meep
I could see people cash out pretty quickly. You may get that $200 buy in again. This bitcoin cash seems like a reace horse, and horses do have to take a rest.
As I know Bitcoin Cash is not yet trading so a big up move now maybe followed by a big down move! So will probably end up where it started.
I did not expect it to go up does have a lot of advantages tho. Need to keep my eye on those prices.
I have been pretty shocked at the price today as well. Something tells me prices will drop and drop quick. Then to buy in. Good Luck. Just my thoughts of course. Cheers.
Thanks for the update. Keep us posted.
Cheers Gazza.
Welcome.
G'day.
Way more than I thought the price would be. So technically, we all made about 15 - 25% paper profit on our existing BTC by BHC being added.
Then if you also bought the other cryptos when they were down, you may have made a good profit there too? I did quite well out of ETH & LTC.
I'm just going to sit and hold. There might be some big ups and downs, but I've got a feeling it's all UP long term from here. I hope I'm right?