Topic: Buy more bitcoin or wait for August 1st? - page 12. (Read 20384 times)
Invest in bitcoin or invest in alt coins ? Which is the best option?
Many people now are panicking and storing all their bitcoin in their hard wallet because of the upcoming Segwit? Lets see what will the impact of this changes next month. I am planning of storing BTC too in bitcoin core soon.
Buy more its great time to investment in eth and btc
Just buy more Bitcoin. Nothing will happen on August 1st and if you believe it is then go all in with what all the Bitcoin you have gambling and cash out into fiat. I wouldn't though. If people really believed it was the end they would he taking massive chances.
It's just another one if those small storms Bitcoin must face. It's faced many and survived and will face many more and still survive.
I do not know if the storm is going to be as small as you make it out to be, right now the market of crypto is crashing hard it has lost 15 to 20 billions and we are still far way from that date so it may be possible this crash makes people even more worried about the future of bitcoin. It's just another one if those small storms Bitcoin must face. It's faced many and survived and will face many more and still survive.
I do not sell my coins, but to buy new ones I would wait even closer by August 1, because because of the panic, many can sell bitcoin and the price will drop significantly.
Im looking at that as well but if all of us believe that bitcoin will rise more and more after August 1 then no one will sell and the rate will continue to rise and by that time you can no longer afford to buy at a lower price. major support right now is at 2,400 and major resistance is at 2,600. current rate is 2,553 so it close to major resistance now and once it reached the 2,600 level then it can break out. when that happen the price will already shoot up high again.
So when do you think is best to buy?
I do not sell my coins, but to buy new ones I would wait even closer by August 1, because because of the panic, many can sell bitcoin and the price will drop significantly.
i think your title should "Buy more bitcoin for August 2030"
In my opinion, we should buy bitcoin right now, do not wait until August 1. If you can wait you will be sorry for the profit if you invest now. There will be many risks when investing, but if you do not take risks you can not get rich
this is my plan too,but only if the price go down, there are too much risky in this point, and we should also move our BTC to paper wallet in case that hard fork happen.
If segwit was successful on what it is aimed for then you'll not get time to buy Bitcoins on August 1st. So it's better to buy on the dump which happens before that. But it's risky, so be sure to hold them for long time.
this is my plan too,but only if the price go down, there are too much risky in this point, and we should also move our BTC to paper wallet in case that hard fork happen.
if bitcoin solves its drama issues.. massive pump for sure.. if not, then BTC will be just another altcoin
No, no need wait for aug1, if you are wait for aug1 bitcoin price to high 
. At the time we can think why we are not buy bitcoin. So there is no chance to decrease the value of bitcoin . Still if u have not bitcoin now u can buy.
. At the time we can think why we are not buy bitcoin. So there is no chance to decrease the value of bitcoin . Still if u have not bitcoin now u can buy.
If i was you i would wait for August 1st to buy because if the price get low you can buy more bitcoin and then wait for another pump to increase your gain!!
If buying bitcoin now with the goal as an asset and long-term investment does not matter, because we all also do not know what will happen in august or we wait for what will happen in august later.
I thinkthe best course of action if you want to be safe, is to sell half or your BTC and hold in Fiat. If BTC goes down hard you can buy back in low end(of whichever coin is the dominant one). If th eprice goes up hard you can sell your BTC later, wait a little bit until the hype dies down(price should go down slowly for a bit) and buy back in.
In case people are unsure, they could choose to liquidate a certain portion of their holdings, but seriously, 50% is way too much to sell. People just assume that the price will tank significantly, while a properly executed activation of SegWit will lead to an explosive growth, and no, this isn't a hype. Currently the only thing that is holding back Bitcoin's growth, is the lack of a proper implementation of the SegWit proposal. Once that is done, you can kiss sub $2000 levels goodbye. What you are suggesting people to do is similar to gambling -- the only thing you depend on is luck.
So my initial plan was to invest more into bitcoin on a weekly basis but with the possibility of a split on August 1st I figured I'd wait a little. If there would be a split, there would certainly be a drop in price so maybe a good opportunity to pick some more up rather than doing it now. Normally I tend to make these kind of decisions for myself but since I don't fully understand what will happen August 1st I figured this would be the best place to ask.
I thinkthe best course of action if you want to be safe, is to sell half or your BTC and hold in Fiat. If BTC goes down hard you can buy back in low end(of whichever coin is the dominant one). If th eprice goes up hard you can sell your BTC later, wait a little bit until the hype dies down(price should go down slowly for a bit) and buy back in.
A bird at hand is worth a million in the bush. Buying bitcoin now I don't think is a bad idea because am of the believe that bitcoin will overcome what ever maybe the outcome of 1st August because all is for good except if you are not a long term investor. I will advise you should not invest what you cannot afford to loose.
If I leave my BTC on a trezor during the August 1st event, will it be fine? How will it be effected by the fork?
It probably wont be technically affected, even if the chain splits I think you can recover the money on both chains with the same private key.It's more like a market risk, where the price of BTC could be affected.
If I leave my BTC on a trezor during the August 1st event, will it be fine? How will it be effected by the fork?
I think on August 1st bitcoin price is are more dump its my personal opinion.
There is a possibility but no one really knows what will happen on August 1. the best thing to do is hoard your coins in a private key wallet just to make sure that whatever happens your coins is safe.
for OP if you have enough money to buy bitcoins that is currently on $2500 then buy it. although there is a possibility that the price will dump after or before August 1 then you can wait for it and wait for the right time to sell it after it get pump. trust bitcoin because it will still stand on it's a ground for many years.
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