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RE: Why I recomend 1hour candle charts, if your a new trader..

in #trading7 years ago

My account should be funded and running on Kraken well before Aug 1st, as a new trader should I wait till after Aug 1st to start trading? Not sure what hard or soft forking even means, and if Bitcoin does take a dive the whole market will go with it for a while right?

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I really cannot imagine a hard fork.. while I will take precautions, I dont think it will happen.. and as long as its just the soft fork, everything will probably go up, because the fear in the market will be over.. everyone is just worried about this forking.. many traders will likely move there money off exchanges or into other coins.. its really hard to know whats the best plan.. but yeah after august 1st things could get really good