If you've been watching Bitcoin, you know that it just took a major dip, which opens up a major "buy low" opportunity... Just days ago it was bumping up against $8,000, then it bottomed out below $5,500, but that is based on certain events that are happening in the market.
Some basic things you must understand if you are going to invest in any Market... Buy low, sell high, watch the news for events that could make the market fluctuate, and don't be afraid to jump from one currency to another to avoid market losses.
As you should know by now, there are several cryptocurrencies trading strongly in the markets, and if one currency starts to fall, it's wise to shift your money into a different currency that's on the way up to avoid losses, and we're seeing that happen today, because while the original Bitcoin has fallen sharply in the market, "Bitcoin Cash", the second version of Bitcoin released, is taking off like a rocket, and anyone who was paying attention, would have seen that shifting from one to the other, would have made money.
The third version of Bitcoin is coming out called "Bitcoin Gold", and it is expected to cause considerable market fluctuation as well, just like when Bitcoin Cash was released, so while I still advise Bitcoin in general, I recommend paying attention to the market, and shifting assets when necessary to avoid losses.
https://squawker.org/technology/death-of-segwit2x-has..
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It will be interesting to see if Bitcoin jumps back up after the uncertainty starts to simmer down.
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Thanks for the info.
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We're on the Bitcoin Rollercoaster!
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The market is all over!
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Can't wait for Godcoin to be on the market!
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Another good reason to diversify.
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