How to prepare a contingency plan on BTC Segwit and threat of BTC forking.
Are you prepared for BTC Segwit and forking effect?
Some tips to take on.
- Trade at your own risk
- Understand what is Segwit and Forking.
- Follow your plan strictly.
- Be prepare to cut that rope if needed.
- Is Segwit is favorable with the BTC price action.
Ans. Yes! Quantum leap! Bull run market!
What's at stake?
Looking ahead, the outcome of SegWit2x will depend on how many users ultimately adopt the proposal.
Several different outcomes could emerge, including:
The mining pools that pledged support for SegWit2x follow through by the end of July, and the SegWit portion of the proposal is activated on the network. - Is Forking favorable on BTC price action.
Ans. Big No.
The proposal doesn't get that support, and the change triggers a domino effect that, worst case, leads to a network split into two competing bitcoin assets. - I have seen almost all the currency available in the market had been Segwit approved all of them skyrocketed and price almost 10X 20X and 30x and the most more than expected from the prices.
And now the biggest challenge is to Segwit BTC! What do you think will happen! The mother of all currency will face! Will he makes or break? - Do that trade now or do nothing.
credits- altcoin predictions.