Mt.Gox is commonly known as "Mentougou". This old broken site is finally going to start paying back the money, and it is expected to distribute repayments in Bitcoin and Bitcoin Cash in early July 2024.
From bankruptcy in 2014 to now, it owes creditors more than 100,000 BTC and BCH. Today, it is finally going to start paying back. It seems that everyone's wallet will have a long-awaited surprise.
However, brothers, here are a few key points to note:
**First, market impact:**
Such a large-scale issuance of BTC and BCH will definitely have an impact on the market. Think about it, suddenly so many BTC and BCH flow back to the market, and the price will definitely fluctuate. Friends who have goods on hand should be prepared to deal with market fluctuations. Don't panic when you see the price plummet. Remember, this is only a short-term effect.
**Second, prospects and opportunities:**
Although this wave of distribution may cause market fluctuations, in the long run, it also means that more BTC and BCH will enter the market circulation, increasing liquidity. The market may return to normal after a short-term adjustment. On the other hand, isn't the drop an opportunity to get on board? It's up to you whether you dare to go all in.
**Third, personal strategy:**
Friends who have received repayments should consider how to dispose of these coins. Whether to continue holding or take the opportunity to cash out should be determined according to market conditions and personal investment strategies. We all know that the market in the currency circle is unpredictable, and it is very important to maintain mobility at all times. Remember, the only strategy that can be used is to run away.
In general, Mentougou's repayment plan is a major event, which has a significant impact on the market and individual investors. If you can seize the opportunity in this wave of operations, you will be the real winner.