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Topic: What will happen to the altcoin market AFTER the segwit fork? (Read 279 times)

hero member
Activity: 826
Merit: 1004
Btc won't crash after fork the reason is the demand. When bitcoin gold (another alt) chain was going to be created and people were eagerly waiting to claim their coin after the block occured btc had fallen on bittrex to $5500 and all alts had increased by 20% but right after an hour or two btc increased back to $5900+.
The only reason for this increase is demand we can see that btc has gained a huge demand whenever the price falls it quickly recovers.

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What's the prediction? Historically, every time btc has gone down, alts have suffered even more

This will remain in history current situation btc falls alts suffer, btc rises alts still suffer.

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the best strategy trade until the fork, and then pass all the money to fiat?
Not sure about transferring to alt as that totally depends on you but the current strategy is hold your btc for now and wait until the news spreads of another SegWit when that happens alts will slowly fall. That is the right time to buy alts.
full member
Activity: 150
Merit: 100
update : namewastaken
This is currently my main concern with holding alts for now since there's a pretty solid chance that btc will crash after the fork due to it's steady climb so far with the small corrections happening since the 4k wall has been broken

What's the prediction? Historically, every time btc has gone down, alts have suffered even more, is the best strategy trade until the fork, and then pass all the money to fiat?

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