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RE: ✳️ Bitcoin Rocks - Almost A $2000 Increase In Just 7 Days & How You Can Still Succeed in Crypto!

in #bitcoin7 years ago

Bitcoin is running a fantastic uptrend, but be careful a drop is expected around the controversial segwit2x fork around November 16. If you are new to bitcoin, I would wait for a drop before jumping on the bandwagon.

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Or get in now and hope it increases up until the 16th. I am with you though. There will definitely be a pullback after the 16th. It can't go up forever

Too true, it's up to the individual what they do, but they must be aware of what could happen and then decide what to do with their cash.

Trouble with buying at the peak is that a newcomer would buy at the top when everyone else sells, then go into a panic and sell when everyone else starts to buy again.

That's unfortunately the biggest mistake and i guess that no one who's trading never made it 😜
Can't happen to you while hodling though 😉

exactly, A wise man once told me, you should never complain about cashing out profits and you have never lost money until you sell. words to live by.

That's perfectly right :)

It's likely that many just invest in Bitcoin right now due to the fork but in the end we never know. There is as well a massively growing userbase evolving around BTC the last months :)

It is a great exciting time for crypto, and it's great to discuss it. Thanks.

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