Topic: Buy more bitcoin or wait for August 1st? - page 21. (Read 20384 times)
If you have big money to invest in the bitcoin then just split your investment into two different assets. Keep one for yourself in the form of local currency and second asset you invest completely into bitcoin before August 1. Then wait for the August 1st to come into effect and keep updating yourself about the after effects. If you see any upward moment then just put the reserved assets into bitcoin and you can enjoy bi royalty by that way. If anything goes wrong then also you will get some share of your first asset and the second asset is completely yours. :-)
Always buy more bitcoin. If the past has thought us anything is that cryptocurrencies will prevail. If you are afraid of losing your money simply use Etf-s.
You can use a regulated broker to benefit from the price movement of bitcoin. I'm not going to post any link but you can find plenty of options.
You can use a regulated broker to benefit from the price movement of bitcoin. I'm not going to post any link but you can find plenty of options.
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.
Well Firstly secure your coins, using private keys then I feel defer your purchases is a sensible ideas, cause what may happen on August 1st is sure to change the course of Bitcoins forever. I don't know if coins price will drop or will it suddenly shoot up its best not to make a investment now, rather wait for the future and it's hardly days now so I believe you should not make a purchase, or keep on observing and see if prices fall then go for it.
I cannot advise to buy since I'll never buy any BTC I'll do work to have it. I'll never worried about price volatility it's just a number for me and I'll already get profit for my holding coins long time ago. My suggestion is to hold what you have right now and wait for August if you see the price going down more then buy but honestly if I see the price below $2k I will never think twice I just buy directly.
just buy it now
if the price goes drop it's alright you can wait little longer for price up again
but if the price going high you're lucky to have bitcoin in your wallet
if the price goes drop it's alright you can wait little longer for price up again
but if the price going high you're lucky to have bitcoin in your wallet
On August One, Bitcoin (and the rest of us likewise Bitcoin holders) would be crossing a bridge -- it would be a bridge of no more return. What can happen after crossing the bridge would go down in history but I am hoping that there would be some fireworks to make it more exciting as boring is not a trademark for Bitcoin.
Personally, I prefer not to say anything whether one should buy more or to sell some Bitcoin before that date. It is a personal call so it is something you have to decide on so that come what may it is all your own decision and you have no one to blame.
I expect that there would be no split...but in case there would be then that is not something to be called as the end of Bitcoin. Ethereum did not die when they split. Yes, there can be a drop in value if that will happen but Bitcoin has this ability to surge back after falling back.
We have to avoid a hysteria here as that is only killing all of us. We are all in one boat -- the M/V Bitcoin -- so we should looking up to one another.
Personally, I prefer not to say anything whether one should buy more or to sell some Bitcoin before that date. It is a personal call so it is something you have to decide on so that come what may it is all your own decision and you have no one to blame.
I expect that there would be no split...but in case there would be then that is not something to be called as the end of Bitcoin. Ethereum did not die when they split. Yes, there can be a drop in value if that will happen but Bitcoin has this ability to surge back after falling back.
We have to avoid a hysteria here as that is only killing all of us. We are all in one boat -- the M/V Bitcoin -- so we should looking up to one another.
Personally, I am waiting. Hard forks are highly unpredictable. Usually, prices see dips before the hard-fork as many people, like you, are confused and switch to another altcoin. Once the hard-fork occurs, they switch back to the desired version of the coin. I have already done so. I have shifted the bulk of my Bitcoin into gold which is staying at a steady price and I am going to wait out the hard-fork. I believe there will be price correction before and after the fork. It is going to be crazy and confusing, but I know that my current amount of money is safe with gold.
smart move. But for now I think the bitcoin will pump as the day pass. Because as you can see in the chart bitcoin price is pumping day by day so If you are going to invest now and hold it for long term then you will have a great amount of profit so for me dumps is normal just stay still hold your bitcoin.I, too, am going to keep my coins for a long time. But I'm a little scared of the conversations that now are around the date of August 1. It is not known what will happen. Sometimes you expect one development of events, but you get something completely different
My advice would be to wait until August 1. You already have significant holdings of Bitcoin and it makes no sense to purchase anymore at this point of time. It is difficult to predict what will happen on August 1. Experts have made all sorts of predictions, with each one wildly differing from the other. It seems to me that even they are not sure about their predictions.
I will buy more bitcoins before Agust 1st put on poloniex.com hope my bitcoins become two
i think the two chain of bitcoins will be alive and one of them be an altcoin,
so i have doubles bitcoins and doubles money, unfortunately i don't have free money for buy more
i just can stop trading altcoins and hold in bitcoins before Agust 1st.
i think the two chain of bitcoins will be alive and one of them be an altcoin,
so i have doubles bitcoins and doubles money, unfortunately i don't have free money for buy more
i just can stop trading altcoins and hold in bitcoins before Agust 1st.
Personally, I am waiting. Hard forks are highly unpredictable. Usually, prices see dips before the hard-fork as many people, like you, are confused and switch to another altcoin. Once the hard-fork occurs, they switch back to the desired version of the coin. I have already done so. I have shifted the bulk of my Bitcoin into gold which is staying at a steady price and I am going to wait out the hard-fork. I believe there will be price correction before and after the fork. It is going to be crazy and confusing, but I know that my current amount of money is safe with gold.
smart move. But for now I think the bitcoin will pump as the day pass. Because as you can see in the chart bitcoin price is pumping day by day so If you are going to invest now and hold it for long term then you will have a great amount of profit so for me dumps is normal just stay still hold your bitcoin.
Personally, I am waiting. Hard forks are highly unpredictable. Usually, prices see dips before the hard-fork as many people, like you, are confused and switch to another altcoin. Once the hard-fork occurs, they switch back to the desired version of the coin. I have already done so. I have shifted the bulk of my Bitcoin into gold which is staying at a steady price and I am going to wait out the hard-fork. I believe there will be price correction before and after the fork. It is going to be crazy and confusing, but I know that my current amount of money is safe with gold.
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.
If you are fully forced by your mind to buy Bitcoin before 1 August then I will suggest to buy a small amount of Bitcoin and buy rest of them in the next of week in August .Because there are both the possibilities after the hardfork , so it may be more better for you to spent money for the Bitcoin 50-50% before and after of the fork .
Here nothing is fixed before the fork because the main reason of the possibilities of success or not , may be new thing in the Bitcoin may give the bad or good impact over the Bitcoin users .
And also it may be possible that after the split of the chain people run toward the second coin and that results into down of the price of the Bitcoin due to internet in the another coin ( bu) .
Nope, a week is too short for people to see what direction this is going to go towards. The fork with Ethereum took a week, but their protocol is not the same as Bitcoin. < Andreas seems to think it will take 2 to 3 weeks for everything to settle down >
I would just make sure that I would transfer my coins out of 3rd party services to my cold storage for me to have have full access to my coins, because I will have the private keys. Then after the fork, you can decide what route you want to take, because you will have both options. ^smile^
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.
If you are fully forced by your mind to buy Bitcoin before 1 August then I will suggest to buy a small amount of Bitcoin and buy rest of them in the next of week in August .Because there are both the possibilities after the hardfork , so it may be more better for you to spent money for the Bitcoin 50-50% before and after of the fork .
Here nothing is fixed before the fork because the main reason of the possibilities of success or not , may be new thing in the Bitcoin may give the bad or good impact over the Bitcoin users .
And also it may be possible that after the split of the chain people run toward the second coin and that results into down of the price of the Bitcoin due to internet in the another coin ( bu) .
And there could also be a huge pump after August 1st!
Yeah, that is why it is better to buy bitcoins on its DUMP state so that we are only going to wait for its price to go PUMP again in order to have the profits that we are hoping because we have invested our money in bitcoin. Actually it is always the right time to buy bitcoins since we are sure that its price would keep on increasing every day.
And in the near future, I'm sure that the bitcoin holders would be millionaires because of being patient on waiting for the right time.
You have nothing to worry about actually. That August 1 date is not the end of the world; neither for man nor for bitcoin. So if you want to buy, buy anytime you want, regardless of that August 1 schedule. That does not matter at all. If you want to invest in bitcoin in a long-term basis, you go ahead now. If your plan is to invest in it, hold it for a short period of time, and then sell it when its pricey already, you can still buy right now. That August 1 schedule will actually fix bitcoin-related problems rather than cause some more. Feel comfortable and easy.
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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 think its a good idea to buy more bitcoin on a weekly basis but you need to prepare some money to buy. i think you don't have to wait until august 1st to buy bitcoin, because we don't know what will happen in that time and if somehow in august, the price is up, then you have your own bitcoin in your wallet and you can sell it. but if you think that you want to wait until august 1st, then its a good idea too but you don't have to getting sad if in august, you see the price is increase and you don't buy bitcoin from now.
Why wait?
If you really dont know what could happen then make the decision right now.
Regret will only come at the end when the price goes higher at that time.
There will be so much "what if's" right now but if you think it through, even if the price goes down at the said date after that it will still increase so there is not much of a change. Patience will be the key.
Why wait? Because the op is unsure of what to do, we are going to either get a huge pump or a huge dump and there does not seem to be an indication of what we are going to get, so it is reasonable to wait, instead of taking a decision in a hurry. If you really dont know what could happen then make the decision right now.
Regret will only come at the end when the price goes higher at that time.
There will be so much "what if's" right now but if you think it through, even if the price goes down at the said date after that it will still increase so there is not much of a change. Patience will be the key.
We should wait after august 1 to see if the fork will have a great impact for bitcoin because the future is unpredictable and we might see a huge dump in bitcoin because a lot of people i know treat the event in august 1 as a selling point for their bitcoin so i think some of the other bitcoin user or holders think about the same thing so it is better to be sure than sorry.
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 think that your assumption is just right. If you are pretty sure that the price would goes down during the split then wait for the split time monitor and buy on the lowest price as possible if you succeed then during the next days or weeks when the price would start to pump again then you probably gain your profit.
I will recommend you just to wait for august 1 and look what will be the effect of bitcoin hard fork in that day and what will be the effect on price,if its good and helps bitcoin then give it a shot to invest but if not then find another opportunity
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