That's a precise explanation to all these crypto questions people are asking nowadays.
First things first, Bitcoin will further fall for sure because everyone considered 1 August as a deadline and no one is purchasing anything in the market right now, as a result without no purchasing power, Bitcoin will further decline.
Secondly, there are 80% chances of Segwit implementation but still 20% chances exist for failure, and people generally fears negativity and they are just considering the neativity now, selling all their bitcoin shares and converting them into fiat.
Thirdly, Crypto currencies came into existence recently, so there's no way the are going back to again at zero. People always need something to play speculation for. So crypto's are the best option for short time investors, they will never let them die.
So, the best time to invest is within one week and after that price will get started to increase because of buying pressure. So, grab the opportunity before it passes.
Anyways a big thumbs up for the article @thecryptofiend
You are viewing a single comment's thread from:
Thanks.