Buy more bitcoin or wait for August 1st? - page 8.

care2yak

sr. member

Activity: 779

Merit: 255

I suppose it's best to stay tuned to bitcoin.org for important announcements. This one for instance:

Quote

The Bitcoin block chain, which is a record of all Bitcoin transactions to date, relies on a network of thousands of Bitcoin nodes running Bitcoin software. On Tue Aug 01 2017 08:00:00 GMT+0800 (Malay Peninsula Standard Time), the Bitcoin block chain may experience what is known as a chain split. This is when a portion of Bitcoin’s nodes run software that another portion of nodes are not fully compatible with. As a result, some nodes may propagate confirmed transactions that other nodes may not accept or recognize. This may result in unreliable confirmation scoring for an unknown length of time. This means that any bitcoins you receive during this period could disappear from your wallet or be a type of bitcoin that other people will not accept as payment, until the situation is resolved.

Preparation and more here https://bitcoin.org/en/alert/2017-07-12-potential-split

gulshan1

full member

Activity: 630

Merit: 100

first thing if any type of split happen any where that is indication of increasing the price of increase the of that thing and if price goes up then how will buy on top price and in that case you will think that now it price will come back back and you will not get that chance at that time .and 2nd thing if you want to buy bitcoin for long time atleast for two years then why are thing for price down it will be recover and again will grow so, this is the time to buy for future huge money otherwise you can lost your chance now.

richminded

sr. member

Activity: 798

Merit: 268

No one know what really happen on august 1, for me you can buy now but dont buy huge amount, then if theres a buying siignal right after august 1 then you should buy more, you can do averaging method so you can fully maximized your profit.

eann014

hero member

Activity: 1078

Merit: 501

Quote from: bkbirge on July 05, 2017, 09:16:12 AM

Bought more today, will continue to accumulate.

I guess buying bitcoin today is not good, the value of bitcoin now is really unpredictable, maybe we can buy on Aug 1 or during Aug, and check out what will happen for the value of the bitcoin. If increases then that's good. But for us to be safe we need to transfer our bitcoin in our bank account and converted it into fiat as well, go back if bitcoin value is good after August 1.

psihotoc

sr. member

Activity: 683

Merit: 251

Personally, I already bought a bitcoin now and wait for its growth. In the meantime, I play on small orders. Wink

pooya87

legendary

Activity: 3472

Merit: 10611

whatever you do, make sure not to fall for the idiots who are spamvertising their shitcoin for you to invest in. they want to take advantage of the desperate times once again to dump the bags they have been holding from the last pump.
if you look at the bitcoin price charts and altcoins' at the same time you can see alts drop faster and harder than bitcoin each time BTC goes down.

ximply

full member

Activity: 350

Merit: 170

I do crypto TRADING

Quote from: ruthbabe on July 14, 2017, 11:07:48 PM

Quote from: Xubu on July 13, 2017, 01:09:19 PM

There is a new big BTC crash coming. See and study the charts it says enough. It is for sure there will be a big crash coming and it is obvious it will be in a couple of weeks.

It's only a prediction I think...but it's really quite alarming to note Bitcoin price is gradually decreasing since the start of July 10, 2017, where the price of Bitcoin against USD is placed at $2482.85 from $2581.46 on July 7, 2017. Well, it's only a matter of days before that big Bitcoin event so let's wait for what next.

Lowest rate for today is $2,054 and still sliding down. So better opportunity to buy for us.

ruthbabe

sr. member

Activity: 966

Merit: 275

Quote from: Xubu on July 13, 2017, 01:09:19 PM

There is a new big BTC crash coming. See and study the charts it says enough. It is for sure there will be a big crash coming and it is obvious it will be in a couple of weeks.

It's only a prediction I think...but it's really quite alarming to note Bitcoin price is gradually decreasing since the start of July 10, 2017, where the price of Bitcoin against USD is placed at $2482.85 from $2581.46 on July 7, 2017. Well, it's only a matter of days before that big Bitcoin event so let's wait for what next.

ximply

full member

Activity: 350

Merit: 170

I do crypto TRADING

A lot of people are waiting for August 1 because some already invested their money on bitcoin and ever since the rate goes down and they can't do anything just to watch and hope to recover. The best thing to do is hold your bitcoin and continue to buy on deep. This way you are lowering your loses and increasing your opportunity to earn more. If you do this then you dont need to wait for your initial buying rate to make profit for you can already gain on the early pump of the price. For not selling your coin during downturn you are also helping the community to stabilize the bitcoin price.

jeff-btcman

newbie

Activity: 1

Merit: 0

The best is to trade bitcoin off for strong ICOs before August 1. Coindash ICO is pretty hot right now, http://coindash.xyz, presale has already reached over 100 btc. and it's supposed to list on poloniex in september!

agatha818

sr. member

Activity: 284

Merit: 250

i like to invest on bitcoin, and i suggest keep investing and keep buying don't wait til august, and if the price of bitcoin will go down on august then it's a chance for some investors to invest more on bitcoin! woot!

MB boss

full member

Activity: 169

Merit: 102

Quote from: andrew24p on July 07, 2017, 09:37:17 AM

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

No, that’s not correct though. Bitcoin trading is not gambling at all. It is a proper trade that is done with deep analysis of the prices and crypto market circumstances. I won’t suggest waiting till August 1st because then most probably prices will bump. Keep investing in bitcoins. Good luck!

virasog

legendary

Activity: 3136

Merit: 1172

Leading Crypto Sports Betting & Casino Platform

Quote from: chocolah29 on July 13, 2017, 08:00:26 PM

Quote from: ?? on ??

All we do is wait together what will happen on the 1st of August Whether it will be fun or not

I'll wait for the drama to end before making my next move. It's hard to tell right now what will be next for the bitcoin community. Hope the activation will be good to us.

Not sure, where we are heading. For the last few weeks price is hovering between 3200$ to 3400$ and no one can predict whether it will go up and down.
We are now waiting to see where the bitcoin settles near and after 1 August. People are confused to sell bitcoins now to get some profit or wait for the outcome of August 1.

GoodLuck2

sr. member

Activity: 630

Merit: 251

Quote from: Rinder on July 14, 2017, 09:27:43 AM

Market is very unstabe to risk money at this moment, only try it if you wanna to save for a long period, because price can get back to 1000 dollars anytime as well return to 2500 and cross the 3000 dollars.

yeah you are right bitcoin is a currency in which we can invest our money without any fear of loss bitcoin always give good profit and it never let the investor to pass through any kind of loss it will always keep your investment safe so you don’t need to be worry about any kind of loss at august 1 go and invest your money confidently and make your future secure and save.

gingerxlady

newbie

Activity: 32

Merit: 0

I didn't wait lol

Just bought 0.14 worth of bitcoins today at Paxful.
It's a gamble and I'll find out on Aug if it was worth it.

marlonjhon

newbie

Activity: 23

Merit: 0

I will buy the day before, It will pass as the day that the etf was not approved by the sec

bmeyersbtc

jr. member

Activity: 86

Merit: 1

Quote from: Xubu on July 14, 2017, 02:18:52 PM

My opinion is to wait and buy very cheep in the first week of August. Its obvious value is going down. Just look at the charts in the past, it is happened before.

Is it certain that bitcoin prices / value would go up after August 1st?

Xubu

full member

Activity: 252

Merit: 100

My opinion is to wait and buy very cheep in the first week of August. Its obvious value is going down. Just look at the charts in the past, it is happened before.

Getmon

sr. member

Activity: 1400

Merit: 273

I prefer to buy before August 1. That is the buying time really. The most perfect time because the price is at its lowest probably. What we really need to avoid is doing transactions using bitcoin when the segwit happens.

Holding on to our bitcoins in a safe wallet will not give us problems. When everything is pretty clear and all the developments are done, that's the time we can make use of out bitcoins once again.

Rinder

hero member

Activity: 868

Merit: 500

Market is very unstabe to risk money at this moment, only try it if you wanna to save for a long period, because price can get back to 1000 dollars anytime as well return to 2500 and cross the 3000 dollars.

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