B2x Fork - What It Is, Why I Don't Support It and How I Am Trading It

This article exists because, like me, there are many Bitcoin and Crypto traders who do not understand the technical side of the scaling debate but have investments which are affected by forks. I have written this as an attempt to explain, in as simple as form possible, why this fork is happening, why I don't support it and how I intend to trade it.

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Why the Futures Market Will Destroy B2X Before it Launches

With the Segwit2x hard fork approaching, I have been working on an article explaining the background to this fork, why I don't support it and how I am going to trade it. The article is currently in draft and being reviewed by one of the resident miners in my Facebook group to check for accuracy as most of the topics covered are quite technical.

While I have been preparing the article, it is becoming evident that the futures market is going to kill off B2X before it launches so I wanted to get a post out about this as quickly as possible as this is going to affect trading.

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What Bitcoin Can Do To Avoid Its Bubble Bursting

I previously explained that bubbles aren't necessarily a bad thing. A bubble, especially in technology, occurs because innovation creates a financial growth opportunity and that opportunity brings investment capital. A bubble forms, because organisations are in a race and investors, are putting their money behind who those teams and projects they believe will become the leaders in this new market and thus deliver the best returns on their investment.

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Don't Buy the Dip, Buy the Correction

If you want to trade on stock, forex or CFD platforms, there are checks in place to ensure you know what you are doing and you understand that risks when trading. With gambling websites, they have controls to ensure when you are losing money fast that you can't bet anymore. Crypto doesn't have this; new investors can enter the market, sold on the dream of getting rich and invest into things they don't understand.

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