Coinbase is going to launch Ethereum Classic (ETC)
Probably you've already heard for this information. We already saw very nice pump and it is very good to see something like that in this bear market.
But, once it get listed, do you think price is going to continue with bull run?
My personal opinion is that ETC is going to dump over the period of next few days/weeks so I would suggest holders to sell ETC and hold BTC or invest in other alts you thinnk that has potential to go up.
I sold my ETC that I was buying in area between 200-250k and I think it is better to sell them than to wait. Why?
I just have one question for you: What could be reason for new pump of ETC?
It is already on the biggest exchanges, it is going to be listed on Coinbase, as I know there is no airdrop or hardfork so I really do not know what could be reason for that pump. Hard fork probably wont happen so only some airdrops could pump the price up but it could be in few weeks, few months or maybe in few years.
So, friendly advice, not financial advice, is to sell ETC or just portion of ETC because it has maybe potential to reach 280k or 300k ut that's it. Reaching 350-400k in this bearish market is maybe too much!
I hope you get some value from this post!
*Post credit goes to CS team