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RE: Why Bitcoin Cash will sell off soon! 🔥 💰

in #bitcoin7 years ago (edited)

Yes, I agree. The high prices are most likely caused by the fact that most people withdrew from exchanges before the fork. And not those that kept them in are now the only ones trading. Once the wallets upgrade and everyone will rush it to get a piece of the pie, it will most likely drop heavily.
In my opinion that'd be the time to buy for a long term investment, hopefully with BCC slowly, but consistently rising after that.