On 1st of August, something big is going to happen and there is ambiguity about what it is exactly.
It can be one of these two things.
- Soft Fork to make the block size larger to accommodate more transactions.
- Hard Fork to make the bitcoin more efficient.
There is every reason for crypto enthusiasts and investors to be concerned about the price and market situation expected after, or even before, the fork, hard or soft.
Panic is surely going to kick in and mass sell orders are going to have massive impact too. So, keep your eye on the market and the news.
What to Do?
All you need to do right now is to watch this video by my cryptocurrency instructor who has nicely explained what's going to happen and what strategy to adopt.
I hope you liked it and let's hope for the best. Do resteem to let people know well in advance.