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Topic: best thing to do for the current situation ? - page 2. (Read 1490 times)

full member
Activity: 168
Merit: 100
if I am personally for now if you have btc immediately sell it because the price of btc $ 4573 again good to me !!
full member
Activity: 364
Merit: 100
just wait for best moment, it will be great gains if we can hold for a moment,, as long as we are sure, then nothing is impossible..
member
Activity: 103
Merit: 10
which must be done now is we must keep trying to get the results we get from bitcoin, because bitcoin value will continue to increase let alone a few years later, besides that we can also make an investment.
sr. member
Activity: 397
Merit: 252
Indeed, bitcoin certainly has a chance of success with a relatively short time with trading or long-term investment. And I think now if you do not have an urgent need, it's better to hold and store bitcoin as an investment that will definitely benefit by the end of this year
full member
Activity: 406
Merit: 102
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?

Don't panic dude, I am not assuming that the coming fork is exactly like Aug fork but it calms me down at least. Yeah there is a bit of a down but some used that time to buy because prices are low. Then look where it got us, 4k+ $. Do not doubt bitcoin man. I just recommend Holding your BTC, forks are a bit risky in tradings at that time. Let us just be patient.
hero member
Activity: 490
Merit: 501
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 with bitcoin is HOLD! In November will have an other fork, so isn't bad to have more free money.
Just hold, don't panic when dip and in few years you can be rich!


You are right! There are so many people who are not giving up on Bitcoin and this is shown by the fact that Bitcoin already broke the $4,500 psychological blockage and there is a possibility that it can climb higher soon.  Of course, there remains to be the big problems with Bitcoin and things are not yet optimal as it should be but all of these things are just success pains...these would not be any problem if Bitcoin is not as big as today. Slowly but surely there are already people who are working hard to make Bitcoin a better and more vigorous cryptocurrency as it should be. We just have to continue on believing with Bitcoin and soon we can get the rewards we are all looking for.
newbie
Activity: 39
Merit: 0
Idk. I think if Bitcoin doesn't break 5k soon we could be in for a correction below 4k possibly. But there seems to have been some strange movement overnight. Looking at the global marketcap it looks like over $6 billion left the space in a matter of an hour or so. When Bitcoin spiked to $4700 yesterday, a huge influx of around $3 billion entered the space almost immediately. After the $6 billion was pulled out, another 3-4 billion USD came back into the space. Also, stocks saw around $30 billion leave the stock market. Most of that money went to emerging markets in Asia but I'd feel confident in saying that spike and dip in the marketcap was from Wall Street players. Go on coinmarketcap and look at the global marketcap 1D chart and you'll see the huge drop. I'm thinking the sudden spike in btc price drew a lot of value out of alt-coins because people are FOMO'ing over all the hype going around that bitcoin could see a huge leg up to $5-10k. I'm kind of worried myself. Not sure what to expect.
full member
Activity: 252
Merit: 100
how mush money i will lose or win  Huh if i buying btc right now? i don't do this just interested index

nothing because btc not going down again
full member
Activity: 420
Merit: 101
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?
hold your bitcoin, do not do transaction to avoid high transaction fee
after a segwit fully active, I think the transaction fee will be cheaper than now
but if you insist on making a transaction with a cheap transaction fee, switching the bitcoin into altcoin is a good choice Wink
full member
Activity: 122
Merit: 100
btc prices are still fluctuating very normally, so why should we fear. Be calm and do what you usually do. I think we should trust btc and the crypto market, btc can not easily die, if that could have happened 7 years ago
hero member
Activity: 752
Merit: 501
Man Bitcoin is amazing. I think everyone should buy it right now don't worry about the price even if it is currently high you will make way more in the long run. Wink
legendary
Activity: 1330
Merit: 1003
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.

I don't think this is a good idea.

See, when Bitcoin crashes - so do altcoins. And Bitcoin is nearing the peak of a massive bubble right now. It is bound to crash sooner or later, and when it does you can expect most altcoins to follow suit.

With that said, my suggestion would be sell crypto for fiat now while you still can, and get back in after the noobs lose their money. Tongue
member
Activity: 124
Merit: 10
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.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
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 fees were previously higher than they are now.
There won't be a real fork, I'd call that a switch. If we survived a real fork (BCC) this incoming one is going to be a walk in the park. Don't expect a correction at all.
Have you checked the price of BCC lately? This shitcoin is diving.
sr. member
Activity: 423
Merit: 250
You need to think cold headed and not with a hot head. The price is going up so the best would be to wait in the lines and see the developments as they fold. Do not rush to make any decision to switch to Bitcoin cash or any other altcoin or else you may end up regretting this situation for a long time. Let's wait for the moment.
It will end up on simply holding a lot of Bitcoin and waiting for the right time. But if you will focused on not just earning but also in dealing with transactions the best thing do is to actually support the system of Bitcoin for it to acquire development and changes for others. Let be more specific in terms of having a goal in not jest earning but changing the mode of transaction through out.
sr. member
Activity: 882
Merit: 251
You can choose to hold bitcoin or to invest in other altcoins. Nothing to panic about.
Exactly there is nothing to worry about the bitcoin value is becoming increasing. It depends on you if you will invest also in other altcoins which other value is down. But for me I hodl bitcoin because I can earn profit for a long term investment.
legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
Just HODL. Bitcoin reached all time high and price don't stop to grow. Miners switching to Bitcoin Cash? I think it's just temporary thing. And I don't think that high transaction fees have big influence to bitcoin price.
Well, what I can say about this FUD around us - the dogs bark, but caravan goes on.
But if you pessimist about current situation of bitcoin, you can invest part of your btc in other coins. But only part, not more than 30% in my opinion.
And always use your brains when you make financial desicions.
full member
Activity: 159
Merit: 100
LuckyToken – Join ICO!!!
how mush money i will lose or win  Huh if i buying btc right now? i don't do this just interested index
hero member
Activity: 720
Merit: 500
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 with bitcoin is HOLD!
In November will have an other fork, so isn't bad to have more free money.
Just hold, don't panic when dip and in few years you can be rich!


Holing is not a best option right now.
If you have a high bankroll then you may HOLD but if you are putting your faith and all money in Bitcoins right now, I would suggest that cash out it now. I don't want that anyone of us lose our money. Just put 50% in Bitcoins.
newbie
Activity: 42
Merit: 0
You can choose to hold bitcoin or to invest in other altcoins. Nothing to panic about.
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