Welcome to the next blog entry, which tells daily about the history of investing in a crypto currency.
There are several days that will have a profound impact on the world of currency crypto. Tomorrow is the first of August. On this day the theoretical disconnection of the base currency on Bitrate and Bitcion Cash, which is supposedly the improved Bitumen, is about to occur. There are many hypotheses about the events that will take place. Many people are afraid of what will happen. We are still at the beginning of our investment road and fortunately or unfortunately we do not have too many cryptowalut.
The big problem is the suspension of payouts by Genesis Mining. There is a hypothesis that this situation is due to the fact that after the first of August every Bitcoin holder will also receive Bitcoin Cash. Thanks to that, he will have the same amount of Bitcoin Cash, which causes his assets to double. Perhaps that is why Genesis Mining holds back the withdrawal to stop at the time of dividing the most crypto of the currency to later have twice as much. Clean business.
Bitconnect itself holds all transactions for three days. In general, everyone's advice is to protect your Bitcoins on your physical wallet, so your currency will be the safest. We go to the risk and with our not a large number of krytpo currencies left on the sites in which we have invested. Among other things is Bitbay to just see what happens.
If there is something unforeseen then at least we will have something to say on our blog.
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1 August a date not to be forgotten
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