Hello folks,
I want to show you my personal fork strategy and ask you for your opinion since I am only in crypto space for around 6 months.
During this time happened so much and my portfolio rose strong till September before the China FUD. Now there's some stagnation and I want to learn from my mistakes (for example I bought MCO at 0.96$ but was too greedy to sell at $20 or another example: I bought NEO at a level of $6 and sold at $17, nice gains but could have been more, also made a loss of -98% with Minereum because I invested in something I didn't have a clue about)
My btc prediction:
https://picload.org/view/dragodgw/bildschirmfoto2017-11-07um16.5.png.htmla) I see price staying almost the same till the fork happens (range $7000-7500) maybe we will have a short peak around the $8000 level.
b) After fork, that's what I learned is the principle
sell the news, so that's when price is falling and the chart above comes in its play.
c) In my opinion, there are going to be two sell-off seasons, one till $6000 with a high volatility in between and after btc reached $6000-6200 it will go down to around with a lower volatility (just like in Sept) to the ranges of $4800-5200.
In case of bitcoin it's only a very short time, maybe 10 till 14 days. Then we should already see the bottom mentioned above. At this price I want to reinvest my $$ which I gained through selling btc at fork day.
The best strategy is nothing if you don't fulfill it so there are some technical and important questions for me and I hope you can help me out.
As far as I know from last forks there's always the risk that both blockchains are attacking each other when you are moving your btc at this time. So the usual recommendation is to do nothing with your btc as long nothing is stable. The new currency, in this case B2X, will automatically be credited on my wallet.
After this happens, how do I move my BTC from my hardware wallet to an exchange while the blockchain is not stable?
Is there a possibility to securely deposit my BTC at an exchange and sell it?
Hope I can help some guys out who are new in this market, please don't consider my text as an investment advice.
