Buy more bitcoin or wait for August 1st? - page 14.

ximply

full member

Activity: 350

Merit: 170

I do crypto TRADING

Quote from: RealBitcoin on July 07, 2017, 07:43:20 PM

Quote from: Mike Mayor on July 07, 2017, 07:33:01 PM

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.

If a hardfork happens that can split the price into half as well. I personally would not take that chance.

Yes this is true and most of people are thinking the same thing. You can see it in the market right now that huge sell off is happening and even altcoins are down by more than 10% in the last 24 hours and it keeps sliding. They are now saying if it failed then bitcoin will surely be replaced.

Senja Kemuning

sr. member

Activity: 553

Merit: 250

Previously a lot of negative issues about bitcoin stating the price will drop, but in fact it is precisely the price skyrocketing, bitcoin I'd recommend to buy bitcoin before August 1st and let's get huge profit.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: Mike Mayor on July 07, 2017, 07:33:01 PM

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.

If a hardfork happens that can split the price into half as well. I personally would not take that chance.

Mike Mayor

hero member

Activity: 966

Merit: 535

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.

FLoving

hero member

Activity: 1022

Merit: 521

I believe that it will benefit us and none any bad thing will happen to bitcoin and the price at the moment of august will increase more faster so the better suggestion is that we have to buy more bitcoin now and have to wait for august and more than that while holding them.

shams

sr. member

Activity: 350

Merit: 250

Anyone is not sure that what is going to happen with bitcoin on 1st august so its better to plan before and be safe. Anything can happen with bitcoin it can pump in price and also it can get a huge dump so its better to plan before it happen. I am planning to keep 25% in BTC and 50% in USDT and 25% in Altcoins, Not all type of altcoins I will keep in some solid altcoins which have good future and solid development.

chixka000

hero member

Activity: 910

Merit: 500

Quote from: Fundamentals Of on July 07, 2017, 09:56:24 AM

This is healthy. Let my alts fly with colors. Cheesy

Is it really healthy for alts? Well if it is for bitcoin then obviously this would be healthy for bitcoin. Tho i have also noticed that if btc grows massively alts are also pumping up so basically this is all healthy for us i guess

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: ?? on ??

I am waiting because i am a bit lost this days, and a lot more pessimist. so i will see what do after, or maybe sold everthing before Embarrassed

I think it is better to wait to the last minute to take the decision that way you can get as much information as you can regarding the segwit activation of August the first, but if you want to leave then I think cashing out your bitcoins one week before could be good enough option.

equator

legendary

Activity: 1190

Merit: 1002

Quote from: skorupi17 on July 07, 2017, 10:44:06 AM

Quote from: xFiber on June 25, 2017, 03:24:02 AM

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.

This is the main effect of the upcoming "August 1st" thing, it brings uncertainties to the users. I believe that as we approach that day, we will experience so much volatility. Some might panic sell because they are uncertain what will happen to the price when August 1 arrives. As an investor, it is normal. But we are talking about Bitcoin here. No matter what price we buy, we will have a profit from it and it depends on the time, the duration for how long we will hold our coins.

It is good to buy now because it is expected that the price will soar high after the activation of segwit on August 1. But if you are still uncertain, buy 50% of your money now and the remaining 50% is after the activation. That way, you will have a profit regardless on whether the price soars up or down.

Perfectly said, if you are uncertain about the price after August 1, then better split and buy it so that if their is dump in price after that day then you will be able to buy some more on low rates. I have done the same and buying slowly on low and keeping my 50% of the investment on hold.

skorupi17

sr. member

Activity: 490

Merit: 256

Quote from: xFiber on June 25, 2017, 03:24:02 AM

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.

This is the main effect of the upcoming "August 1st" thing, it brings uncertainties to the users. I believe that as we approach that day, we will experience so much volatility. Some might panic sell because they are uncertain what will happen to the price when August 1 arrives. As an investor, it is normal. But we are talking about Bitcoin here. No matter what price we buy, we will have a profit from it and it depends on the time, the duration for how long we will hold our coins.

It is good to buy now because it is expected that the price will soar high after the activation of segwit on August 1. But if you are still uncertain, buy 50% of your money now and the remaining 50% is after the activation. That way, you will have a profit regardless on whether the price soars up or down.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

I will wait the result of the hard fork in august 1 to see if it will become an increase or decrease on the price and if the price will decrease a lot then i will just buy more bitcoins and hold it for long term but if the price increase then i will just buy at least 50% of my capital and keep the rest for buying back again.

BitSquare

newbie

Activity: 28

Merit: 0

Quote from: Proton2233 on July 07, 2017, 09:43:12 AM

The news that on 1 August there will be problems provoked panic. It was not such as hoped for whales, and therefore there will be no problems. The first rule of behavior in times of panic is to keep calm. I will also calmly waiting for the moment when the situation normalizes.

I will buy some altcoins now. When the bitcoin price drops due to the split, I will buy back bitcoin.

ximply

full member

Activity: 350

Merit: 170

I do crypto TRADING

2,400 level has been breached and its sliding as of this time. will you buy now or will you sell?

zohaibh

full member

Activity: 368

Merit: 104

i think you should not wait for 1 august because if you wait you just waste you time . invest btc and earn more dear.

Fundamentals Of

sr. member

Activity: 2380

Merit: 366

This is healthy. Let my alts fly with colors. Cheesy

Proton2233

sr. member

Activity: 434

Merit: 252

The news that on 1 August there will be problems provoked panic. It was not such as hoped for whales, and therefore there will be no problems. The first rule of behavior in times of panic is to keep calm. I will also calmly waiting for the moment when the situation normalizes.

andrew24p

sr. member

Activity: 378

Merit: 250

Its a risk but even if there is a split if you buy now you will have coins on both chains so.

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: bozo333 on July 07, 2017, 08:05:15 AM

Yes, i will wait for August 1st as i have no enough amount to invest money. Moreover, my friends suggested to buy bitcoin in 1st week of August with their personal experiences.

The problem of waiting is that, if everything goes smoothly, bitcoin will quickly skyrocket anywhere from 3 to $5,000 or higher, so we may never see current price again.

If on the other hand, drama continues, we may see a big crash. So it's a double edged sword. It's a 50/50 gamble. It's anyone guess to know what's going on because nobody can know. Good luck indeed.

In any case, be sure to own the private keys and dont leave anything on the exchanges.

Wintersoldier

sr. member

Activity: 966

Merit: 274

Quote from: HatakeKakashi on June 25, 2017, 03:28:06 AM

Its better to buy bitcoin now dont wait august 1 because we dont know the effects of fork but I hope so theres no effect with the price of bitcoin. But dont invest all your money in bitcoin its better invest only you can afoord to lose because they have possible the price to dump in august 1 but I hope so not. Instead of dumping price its better if bitcoin pump in august 1

Actually have a part of investment is quite a good thing to consider. Because you don't know the actual move of the Bitcoin price in the market it's better to have e an option and do take the chance early. It might be the time to take the risk and wait for the development of bitcoin that yet to happen in the future.

ximply

full member

Activity: 350

Merit: 170

I do crypto TRADING

If you want to buy bitcoin now then you will have an abundance of it for a lot of people are now dumping their bitcoin for panic is in the air. Check the current market right now and all are in RED. If this will continue to go down then opportunity will present itself to new people who wants to have bitcoin.

Topic: Buy more bitcoin or wait for August 1st? - page 14. (Read 20383 times)