So in the next 12 days bitcoin price will increase and pass the 6000 mark because people are buying hoping the Bitcoin cash scenario will repeat. The difference is that in the last fork Bitcoin cash was "unexpected" because there was this rich guy pooring money to Increase its price but I don't remember his name. Of course he failed to replace BTC with his shitty coin but he probably made tons of money. Now everyone buys BTC hoping the same will happen but it won't because everybody will try to sell their Bitcoin gold but nobody will buy (max price to reach 50 USD) since they saw what happened to Bitcoin cash price which plummets by the day. Meanwhile all altcoins will continue to fall and steem will hit 15k Satoshi. After the fork BTC price will increase for a few days more due to the euphoria that all went good without any "accidents". Then there will be a good correction and it will fall back to 5.000 usds and then the alt coins will start riding again to new all time highs. I am a certified psychic, this is exactly what will happen, don't bother participating in this contest because I have seen the future and I will win this.😂😂
My advice: Just HODL whatever coins you have and let the storm pass. Exceptions apply to the really shitty coins, you might want to ditch those if they are worth anything. Chances are you will profit more than if you swap them for BTC now (or whatever other strategy you have). Oh yeah, write quality content on steemit and make some "free" steem. It's risk free, all you lose is your time.
I love the certified psychic comment. I'm HODLing NEO while I keep accumulating as the price dips. I dumped all my shitty coins a long time ago. Looks like I was off on my fantasy prediction on the Jamie Dimon comment. He didn't even wait until the selloff before opening his mouth again. He should know that every time he badmouths bitcoin, the effectiveness of his statement decreases. He needs to time it, i.e. right after a massive selloff, to accelerate the selloff so that his firm can buy BTC at the bottom of the dip.
Passed the 6 k mark today. I told you, I am a psycic :p
I think you are absolutly right!