Brace yourselves for another attack!

As of today, it looks like SegWit2X has failed to activate. The minimum one block was never mined into fruition, and a number of software bugs have caused SegWit2X to be basically dead. It is possible some day, somewhere for someone to mine the SegWit2X chain, but for all intents and purposes, this whole fork situation can be considered to be over.

Enter Bitcoin Cash stage left. Expect another attack this weekend. Bitcoin has reached an all-time high at $8000 USD and is ripe for profit-taking whilst Bitcoin Cash has settled into a more reasonable price range hovering in the low $1000 range. It is the perfect opportunity for the whales behind last week's attack to launch another salvo in the hopes of taking Bitcoin down a notch.

Try to avoid joining in on the FOMO. To really take advantage, I advise two strategies. Wait for the massive potential dip to all alt coins and stock up. Saturday night could be a fantastic time to increase your alt coin portfolio. Litecoin, in particular, could be a great candidate for bargain prices, along with Ethereum, Vertcoin, and numerous other coins.

The second strategy is more for the Bitcoin maximalist. Wait for the dip to cause Bitcoin to drop hard into the $5000's and stock up. It will likely recover within a few days.

Avoid trying to jump on the Bitcoin Cash rocket as you will likely get burned. Chances are it will repeat last weekend's colossal dump that left many regretting leaving other coins to join in on a blatantly manipulated pump and dump.

Watch closely, things are going to move very quickly this weekend!

*This is not professional trading advice. Don't spend more than you can afford to lose!

image source:
i.alalam.ir/news/Image/original/2016/07/23/alalam_636049092131498092_25f_4x3.jpg