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RE: BITCOIN (BTC) Analysis: The Fractals Still in Play...Bottom of Wave C is what I'm awaiting to BUY with both arms!

in #bitcoin7 years ago

Coinbase and Kraken told me that they will not notify BTC owners of a BTC GOLD COIN Until after the fork. Therefore, why hold BTC until after the fork when in the next 2 weeks it will reach its 5000-5200 high. If you sell it after, it might already decline towards wave 4. What then is the gain in holding for a BTC GOLD. You don’t know if your exchange will give you a new coin and it seems a self fulfilling prophesy BTC will decline if it reaches 5-5200 high before. IS MY THOUGHT PROCESS CRAZY AND OUT OF WHACK?

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If I understand you correctly you are asking why would you hold BTC past 25th if it hits ATH before, since many expect it to dump afterwards ? If so I think your thought process of selling beforehand and waiting for bottom of IV is sound and preferable to getting some free BTG. The problem I see is that we do not know if it will hit ATH before 25th so in order to get free BTG we will need to transfer BTC out of Coinbase. The risk here is that transcation times are really long and you cannot sell your BTC quick enough if prices plummets after 25th ? What is the best strategy ?