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Topic: best thing to do for the current situation ? (Read 1490 times)

hero member
Activity: 1666
Merit: 502
September 07, 2017, 08:18:00 PM
#53
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
I'll keep hold of bitcoin because I believe it. maybe you can switch to hold bitcoin cash if you think that's a good thing. anyway your decision is all in your hands if you think switching to another cryptocurrency is a good thing to overcome it.
hero member
Activity: 752
Merit: 501
September 07, 2017, 07:48:58 PM
#52
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
The best thing to do is to compel holding your Bitcoin. Bitcoin cash is still new, ofcourse at first it will capture the attention of other users that might lead to some of the users of Bitcoin to transfer into it. Wventually, the results will show, that Bitcoin is still better. And when that time happen, users will go back to Bitcoin and the demand will again increase. There's no need to worry with that situation, when everything didn't go as planned, just holdi your Bitcoin.

Bitcoin Cash is going to die soon, for sure... as miners that switched are switching back to Bitcoin as we speak. It was doomed from the start... only a matter of time until the price continues falling and falling to $0.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
September 07, 2017, 05:28:48 PM
#51
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
The best thing to do is to compel holding your Bitcoin. Bitcoin cash is still new, ofcourse at first it will capture the attention of other users that might lead to some of the users of Bitcoin to transfer into it. Wventually, the results will show, that Bitcoin is still better. And when that time happen, users will go back to Bitcoin and the demand will again increase. There's no need to worry with that situation, when everything didn't go as planned, just holdi your Bitcoin.
full member
Activity: 196
Merit: 100
September 07, 2017, 04:16:32 PM
#50
In my opinion for sure you should not realy on others opinions and points of view Wink
Reconsider current situation on quietly, cause any of your foolish decisions may be very importantin longer perspective time.
Sum up all latest news from around the world, how people/goverments and law perceive BTC and how they would in near or longer future.
Just take your time  Wink
But as most in that topic, propably holding the bitcoin is the best way now, cause BTC still try hard to reach 5k $, it is very important number which will order next steps.
Good luck!
full member
Activity: 479
Merit: 100
Enter the future of gaming
September 07, 2017, 04:07:01 PM
#49
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?

Just HODL.

When you don't know what to do just hold tight to your coins and wait for cleaner skies.

I wouldn't worry much about Bitcoin Cash, it's not a serious competitor to bitcoin.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
September 07, 2017, 03:30:43 PM
#48

you must have a plan and a strategy. I think bitcoin is still a great opportunity to bring huge profits. I invest for the long term.
but if you are in doubt about it, you should try for another crypto. allcoin also attracted a lot of interest and a chance to bring a happy profit. so learn it.
than you are caught in an uncertain situation.
legendary
Activity: 1176
Merit: 1024
September 07, 2017, 03:15:07 PM
#47
how mush money i will lose or win  Huh if i buying btc right now? i don't do this just interested index

It is very hard to answer this question. NO one predicts the future and all are doing a guessing game based on facts but not sure whether those things can happen or not. If you worry about losing your investments, then you can invest in any products. So the thing about long term profits then starts investing. In the long run, I believe Bitcoin prices go higher than current prices so just buy in small quantities whenever prices go down and wait for right time to sell.
Yes of course interested index is not the sign of profitable business. One can do environmental scanning before investing his capital and I think it is the best thing which everyone should do before jumping in any business.

The same can be done in bitcoin too because bitcoin is also a currency business. Just look at the trust in and the people interest in it, so the current situation will be clear.
sr. member
Activity: 476
Merit: 250
September 06, 2017, 08:27:13 PM
#46
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
I think the best thing do is HOLD.  The transactions price can be high but it has the possibility to be low. It is very hard to know what will happen on the next days so it is better if you hold your bitcoin because the price can be good next time.


I agree with you the current best condition is to hold it, I see bitcoin development is better after a few days ago prices corrected down due to some issues in china, but with a few days it can go back up, unlike last year need time long enough to go back up  Grin
member
Activity: 100
Merit: 10
September 06, 2017, 08:06:35 PM
#45
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
I think the best thing do is HOLD.  The transactions price can be high but it has the possibility to be low. It is very hard to know what will happen on the next days so it is better if you hold your bitcoin because the price can be good next time.
klf
legendary
Activity: 1344
Merit: 1000
September 02, 2017, 09:29:22 PM
#44
how mush money i will lose or win  Huh if i buying btc right now? i don't do this just interested index

It is very hard to answer this question. NO one predicts the future and all are doing a guessing game based on facts but not sure whether those things can happen or not. If you worry about losing your investments, then you can invest in any products. So the thing about long term profits then starts investing. In the long run, I believe Bitcoin prices go higher than current prices so just buy in small quantities whenever prices go down and wait for right time to sell.

hero member
Activity: 630
Merit: 500
September 02, 2017, 06:01:58 PM
#43
If you're looking investment wise, you could dip into promising and reputable alt coins for a better ROI.

You would get more for your dollar.
What exactly the current situation is about bitcoin. It is in the process of establishing and acceptance. I think for currency there is no peak because it does not belong to somebody. So I think best thing to do for the current situation is bitcoin is getting fame and everybody likes this digital currency. And we must follow the new currency and replace it to the existing paper currency.
hero member
Activity: 798
Merit: 503
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?

Bothering yourself over the future won't change any  thing especially one which you cannot even influenced no matter how you wish to and that is the situation we are now. I have learned that, we will always be faced with situations after situations but what is key is do we allow this events influence our  decision or not. For me, I live my life and do my things when it suits me and not because of the current challenges so do same and you realize you will have peace.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Situation? I see you re quite new in crypto. There s no need for you to panic, we ve seen similar FUD even before and in the end BTC always, always, ALWAYS prevails. Traders re actually quite bullish, I expect us to see $5k per BTC before the end of this month. So there s really no situation. Try to get as many BTC as possible and you ll do good.
That's right no bad situation right now, I also still keep bitcoin i have and will not sell it. Yes the reason is the same, I also expect $5k per BTC at the end of this month and after seeing bitcoin prices stay at $4.5k today, I just hope we can see $5k tomorrow.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
Situation? I see you re quite new in crypto. There s no need for you to panic, we ve seen similar FUD even before and in the end BTC always, always, ALWAYS prevails. Traders re actually quite bullish, I expect us to see $5k per BTC before the end of this month. So there s really no situation. Try to get as many BTC as possible and you ll do good.
This month? Really?  Roll Eyes So the pump to $5000 is going to start tomorrow? You're quite an optimist. Cheesy
I've spend some time reading tradingview today and to my surprise the majority of people were bullish about BCC and LTC. According to them these two are going to go up soon. BTC of course along with them, this one has been racing since last year.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Situation? I see you re quite new in crypto. There s no need for you to panic, we ve seen similar FUD even before and in the end BTC always, always, ALWAYS prevails. Traders re actually quite bullish, I expect us to see $5k per BTC before the end of this month. So there s really no situation. Try to get as many BTC as possible and you ll do good.
sr. member
Activity: 392
Merit: 257
Best thing to do with bitcoins is to believe in bitcoins and hold as bitcoins has always been the long term investment.As for current situations i don't think so that transactions fees are that high when you compared it to price increased.The only thing that makes difficult to do is to make small transactions as transaction fees are up to $5 or something.Miners going to BCH is for only small period of time I do think they would shift back to bitcoins.Also remember that bitcoins are limited which will make them valuable in future.
sr. member
Activity: 2618
Merit: 439
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?

I just monitored what is going on before making my move. But just like others have said, I'm not affected by the situation unless bitcoin price goes to 0 which is very impossible. Although is really good to have a diversify portfolio as hedge for any situation that may come along. If you mean switching to altcoins?  For me its not optimum at this stage and its really beneficial to have bitcoin as our main investment. But as I have said, it just bad to include altcoin in your portfolio as well. Just be careful though on which coin you are going to invest.

When do you think will be the optimum time=price to sell BTC?

There is no right time to sell bitcoin the same as getting them. It really depend on the individual, if you think that you have profited enough and your investment have multiplied already then its up to you to sell or hold on it. Personally, if I don't have to do with my bitcoin then I wouldn't sell it but hodl as long as I can.
member
Activity: 94
Merit: 10
When do you think will be the optimum time=price to sell BTC?
legendary
Activity: 1218
Merit: 1006
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
Miners switching to bitcoin cash is just a temporary case and miners are just shifting between two coins to make maximum profit out of their mining hardware this might not remain same for long time.

It is always advised to invest in multiple top trading coins to hedge against potential loss from dumps on bitcoin market.
hero member
Activity: 866
Merit: 1001
What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
Switching to other cryptos will not be a wise decision.We have already seen bitcoin facing many critical situation and successfully overcoming them.Many people have become weaker hands by selling their bitcoins to big whales at a cheaper price.Then,they regret for their decision.Hard fork in august has even proved the potential of bitcoin since it survived and  increased in price very high after the hard fork.BCH is nothing but an altcoin.It has no new features to deliver and it would only remain alive until some miners continue to mine it and until big whales continuing to pump and dump it.
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