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Topic: Buy more bitcoin or wait for August 1st? - page 22. (Read 20383 times)

hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
If I were you, I'd buy now. Because even if there's a drop in price, the fact is that the bitcoin will sometime in the future surpass the current pass, so it's kind of a sure profit just would depend on time and your patience.
hero member
Activity: 770
Merit: 500
Now it looks like the chances of a split are quite low. So I would advise you to continue with your regular investment plan. There is a chance that a spike can occur on August 1. If that happens, actually you can do some profit booking as well.
Even i hope that there wont be any major shake up and i do not want to see a split in bitcoin,i really hope everything goes well and i do not want to spend too much money now because of the uncertainty ,will decide about it at a later time as i am not looking for a huge profit but i want to make sure that i do not lose anything.
yes we are hopping so and to me if a person have some bitcoin, they should hold it and not to sell it, and i person do not have it then he should wait for some time, then August and when he become sure about the price of bitcoin that is not going to effect by the present issue then he should start buying bitcoin bitcoin still has to increase more and therefore can give you good profit.
jr. member
Activity: 51
Merit: 10
In my mind if we buy more bitcoin now better than waiting for August 1st because maybe bitcoin Rising in price and than you can't buy more bitcoin , it will be hard to buy it .
sr. member
Activity: 546
Merit: 250
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Now it looks like the chances of a split are quite low. So I would advise you to continue with your regular investment plan. There is a chance that a spike can occur on August 1. If that happens, actually you can do some profit booking as well.
Even i hope that there wont be any major shake up and i do not want to see a split in bitcoin,i really hope everything goes well and i do not want to spend too much money now because of the uncertainty ,will decide about it at a later time as i am not looking for a huge profit but i want to make sure that i do not lose anything.
newbie
Activity: 1
Merit: 0
This is a standard split.  If you own 1 bitcoin at $3000, after the split you will get 2 bitcoin at $1500 each.  You still have $3000.  With a standard split, the price usually goes up after the split.
It this were a reverse split(which it is not), you would have 1 bitcoin at $3000 and after the reverse split you would have 1/2 bitcoin at $3000.  Reverse splits usually take the price down after the split.
sr. member
Activity: 336
Merit: 252
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.

Now it looks like the chances of a split are quite low. So I would advise you to continue with your regular investment plan. There is a chance that a spike can occur on August 1. If that happens, actually you can do some profit booking as well.
Yea maybe I should just carry on with my investment plan, since I'm holding for the long term. We'll see what happens this summer maybe there will be a huge price spike. If not I guess I will HODL for the time being. Thanks for all the replies so far. I've gotten a lot more insight regarding this matter!
full member
Activity: 737
Merit: 104
I think, you should buy now. There is a possibility of rising bitcoin after August 1. It's a good time to get some bitcoin.
hero member
Activity: 966
Merit: 507
A similar expectation was experienced in the weeks prior to last year's halving, which occurred without particularly drastic effects on the bitcoin price. Given that the bitcoin ecosystem seems stronger than last year, I am not in favor of thinking that in August we will see strong movements in the price, and I am more given to think about a non-event that day.

Therefore, I plan to continue my gradual acquisition of bitcoins throughout the year, with no special breaks in view of the announced August event.
legendary
Activity: 3080
Merit: 1500
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.

My suggestion is not to wait till August first to buy more bitcoins. We are not aware of the impact of the fork and hence the price. Bitcoin price is now stabilizing at 2500 level to take another leap. It has regained much of its strength and the next surge will be huge. SO it's better to buy at least with a major percentage of your invest-able money.

Once you have bitcoin bought at 2500 level, then you can plan for August first and if you see another opportunity to buy then, please go ahead. But don't miss the chance to buy bitcoin at 2500 level now. You will regret.
legendary
Activity: 2044
Merit: 1008
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.

Now it looks like the chances of a split are quite low. So I would advise you to continue with your regular investment plan. There is a chance that a spike can occur on August 1. If that happens, actually you can do some profit booking as well.
sr. member
Activity: 462
Merit: 250
only 1 month, i think maybe wait for news is safe plan to do. investment must do in really safe way and only conclusion without analysis is not good for investment because bitcoin price always affected with news
I do not think that we need to wait but should try to buy bitcoin right now , because i am sure that everything will be in favour of bitcoin and noting going again it. therefore it is a good opportunity to buy bitcoin right now and do not wait.
hero member
Activity: 1134
Merit: 517
If you have money then you should buy bitcoin right now.  If you will wait until august perhaps its price maybe higher than today.  We do not know what will happen on August but I would like to think that its price will not be affected.
It is rather unfortunate that a good number of fellow bitcoiners here are groping in the dark out of sheer laziness or insatiable greed for more coins that takes their eyes off things going on around them but I used to hear that a man's heart is always where his treasure is.

Come August 1st, the Bitcoin network is scheduled for a soft fork and not a hard fork. The proposed hard fork is slated to come up 6 months later, until then there won't be any split of the Bitcoin network if at all there would be one!

Essentially the soft fork will start to ease one or two of the issues affecting the network. Is it a time to run for cover? Would you rather join the panic party and dispose off your coins only to pay more for them after August 1st? Life is full of choices - becoming wealthy is one, so also is penury.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
only 1 month, i think maybe wait for news is safe plan to do. investment must do in really safe way and only conclusion without analysis is not good for investment because bitcoin price always affected with news
sr. member
Activity: 812
Merit: 317
If I were you, I should buy bitcoin now and not wait on the 1st of August. If you are looking for long term trading then you shouldn't worry about the segwit2x coming or bitcoins price corrections.
I can not understand what it is again for the contradictory information. Why is it that people start to agitate today, But that they start to buy Bitcoin comma because August can change completely the whole rhythm of the financial market kriptovalyut. I believe Bitcoin and I hope for an adequate price increase, but this excitement seems to me not justified.
sr. member
Activity: 420
Merit: 250
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If I were you, I should buy bitcoin now and not wait on the 1st of August. If you are looking for long term trading then you shouldn't worry about the segwit2x coming or bitcoins price corrections.
sr. member
Activity: 644
Merit: 250
The only reason price might go down/won't go up is because people would be scared before/during scaling upgrade.
Paranoia runs deep withing bitcoin users, they are allergic to every piece of information which is not 100% positive.
Scaling of bitcoin is unknown precedence for users, they are scared that there will be some split or major fuck up.
Once air will be cleared and we will have absolute certainty that all went good with scaling, bitcoin price will skyrocket.
Many new comers don't really know the market well and hence they are most likely to get panic because of such news. Those people are most likely to sell their bitcoin nearing August. Hence, price might fall. According to me that time is best for buying some more bitcoin.
legendary
Activity: 2674
Merit: 1226
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Okay let's look at 1 August: 5 weeks from now.
Let's look at today's USD price: 2,550.

Now is not an absolutely bad time to buy, because in 5 weeks, you can bet it will touch 2,900 again. OR it drops to 2,000 but after 1 August you can bet it will go back to 2,500.

So you either make money or are back. Either way, not a bad time now.
legendary
Activity: 1862
Merit: 1004
The only reason price might go down/won't go up is because people would be scared before/during scaling upgrade.
Paranoia runs deep withing bitcoin users, they are allergic to every piece of information which is not 100% positive.
Scaling of bitcoin is unknown precedence for users, they are scared that there will be some split or major fuck up.
Once air will be cleared and we will have absolute certainty that all went good with scaling, bitcoin price will skyrocket.
legendary
Activity: 1274
Merit: 1004
waiting for 1st August is very risky. Since there is a huge possibility of price going Downwards and also on Upwards so if you dare to loss some money then do it. it can be your best decision as maximum situations like this are result in price rise except of few which are later proven as they where just some bubble situations. if you are worried about your current principle and afraid to loss some amount of money in the process then i will advice your experience is week for this situation you should wait and see the effect after that react on correct time.
sr. member
Activity: 994
Merit: 256
I believe that there is no need to wait on August 1, this too much time can be wasted.

I think you are not more interested in bitcoin because in investment in bitcoin wait or hold is very important without hold you cannot do profit. .
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