What the best choice?
There is not any longer the possibility of bitcoin forking in the next weeks so you can keep your bitcoin and everything will be fine, so leave behind the panic and begin to take your decision based on how to improve your earnings and holdings instead of panicking. 
Topic: Cash-out or buy Alts before August 1? (Read 3953 times)
What the best choice?
You can calm down now mate. The split has been "narrowly averted" by signalling the Bitcoin Improvement Proposal (BIP) 91 and it is going to avoid the "hard fork". So you can just hold your Bitcoins and expect to have its value increased in the following days.
The "perfect moment" to buy Bitcoins already passed (when it hitted the bottom $1980 weeks ago), but it's still time to buy Bitcoins, I agree with you. The price is already increasing a lot, but after August 1 it will get even more power, I hope to see BTC pricing $4000 in few months. Who have bought for that price ($1980) will have more than 100% profit! The best investment I can imagine so far, so buy Bitcoins without fear.
What the best choice?
You can calm down now mate. The split has been "narrowly averted" by signalling the Bitcoin Improvement Proposal (BIP) 91 and it is going to avoid the "hard fork". So you can just hold your Bitcoins and expect to have its value increased in the following days.
Well if you want to cash out because of the fear of what will become the market value of Bitcoin after 1st August , I don't think there's need for that at the moment because there is not going to be split any more. Is either you cash out because you are in need of money or you want to reinvest it in something else if not I see no need for you to cash out when the price has move above $2500 already.
I don't think neither is necessary. Just hold it and see what happens, nothing big should happen really.
What the best choice?
For me much better to buy alts before august 1. The only affected is the bitcoin thus much better to save the alt to avoid losing of money instead saving of bitcoin.When the news came I'm so nervous, all my bitcoin was converted to local currency instead to alt, because I want to make sure that I have a profit. Then when I think that segwit will happen on august 1 I'm very disappointed on my steps. Instead of waiting more time, I'm become greedy of having a money and more money was lost in that decision.
Its better to buy altcoins instead of cashout the bitcoin because it helps to grow your bitcoins and for sure if bitcoin down it will recover again after few days or weeks so dont worry everything will be fine. For sure the month of august bitcoin price will increase more.
August 1st will be a non event. Everyone needs to calm down a little bit. Pardon the pun.
Didn't notice the pun in there. :|
What the best choice?
i think my choice is not listed in the choices above, for me better to hold it for awhile, then but it when you think it is good to buy, we are getting afraid or we let our emotions be stronger than our eagerness to earn and reach for our goals. but you may want to buy alt coins then it is up for you, i think it is the right choice for me.The best choice would always depend on the situation so hold it until you see the opportunity to make a profit. My suggestion would be to watch the market of those alts closely, specially near the end on july. So, if you see the price dropping you can go ahead and sell a portion of it like 30-40%, then watch what's going to happen after the august segwit adoption, if the price starts to drop even lower, sell all of the remaining so you'd be as little as possible in deficit and if the price starts going up, monitor it closely, as soon as it starts to go static or down a little, sell all of the remaining coins. That way you'll be in a plus.
What the best choice?
i think my choice is not listed in the choices above, for me better to hold it for awhile, then but it when you think it is good to buy, we are getting afraid or we let our emotions be stronger than our eagerness to earn and reach for our goals. but you may want to buy alt coins then it is up for you, i think it is the right choice for me. 
The best thing to do now is buying and hold bitcoin for now as there is a clear signal that there is not going to be split in the network. The fake hardfork introduction on reddit call cash coin cannot with stand the wave of segwith. So there is nothing to fear about on buying or holding bitcoin and others crytocurrency.
I anticipate that some will reduce their risk and sell before 8/1 causing a minor dip. But then buyers will then see that as an opportunity to buy lower and scoop up more coins. Ultimately creating an equal exchange to the levels they are at before the selling begins.
People do not understand that the more they panic the more money they lose. I did not try to persuade will. I keep calm and know that the price will return to the scene and will continue to grow.
I really do not understand why you want to cash out it is not like your bitcoin is going somewhere or may be it could be you all need to understand that you need to cash out only it is because you are going to panic because the price of the bitcoin is not fixed till the date of the august first and if you are a part of bitcoin trading you should have some knowledge that what exactly you need to do with your bitcoin I would like to suggest that being patient is a good idea.
It's better to buy coz till now idk why altcoins value is still down only selected coins are rising but all the main coins are still down. I had bought monero at 0.017 but the price has fallen to 0.015 I'm just waiting for monero to reach at least 0.018 so i can sell it for little profit
cash out? cash what out? this is bitcoin, the only decent decentralized cryptocurrency with a scarce and limited number of coins. if you hold any amount you are holding a share of this coin of the future.
forget about the short term silliness if you are not a trader, and stick to reality in the long term. move any coin you have to cold storage and forget about it for a couple of years, then come here and thank me.
well a lot of people are thinking about to sell their bitcoins because they are thinking that the price of the bitcoin will fell down after august but I think it will be a kind of change for those who still hold their bitcoins and did not sell according to me the best choice is to buy some more bitcoins and hold it till the august first. forget about the short term silliness if you are not a trader, and stick to reality in the long term. move any coin you have to cold storage and forget about it for a couple of years, then come here and thank me.
I'll prefer to be safe and don't take such risk. Before August 1 I would cash out all my btc anyways price is pumping continously this past few days and I was able to buy some when price dump down to 90k last week so I already have almost 30% profit if I cash out my btc few days from now. After august 1 I'll observe how bitcoin would move and if it goes well I'll be back investing for it again.
I think you should only hold btc, altcoins will dump deeply if something goes wrong after Aug 1 . but it's ur decision to make.
This is by far the most stupid advice I ve ever hear. What do you think, genious, will happen with BTC price IF something goes wrong with BTC after the SegWit2x which is strictly BTC related?
In other words, if something gets to be broken with BTC, will BTC price dump??? Or will alts dump?
Stop embarrassing yourself, read a bit.
Hello crazyivan,
So tell me... these alts you hold which you buy in relative terms to BTC, at some particular number of Satoshi per coin... just how exactly would you plan to cash out and be profitable?
Alt on day 1 = 5,000 Satoshi.
BTC on day 1 = X
Alt on final trade day = 5,000 Satoshi.
BTC on final trade day = some fraction of X
How would you cash out the altcoin without losing money?
In your projected scenario, the altcoin would have to be growing in value at the moment you purchase it, significantly, to offset any loss in BTC (and hence fiat) on the trade when you take profit.
In other words, you can't take a trading pair of altcoin to Bitcoin and expect to be able to cash out with a profit in the event Bitcoin crashes hard. The maths don't work.
Best Regards,
-Chicago
There is no need to panic about sell your Bitcoin or buy Alt Coins before 1st of August. But My approach is different for 1st of Aug if market will rise aggressively then you will repent on your decision so it would not be a wise desicion to sell the bitcoin. I would hold my Bitcoins rather than selling. Bitcoin has big potential my friend.
Make the most out of every situation. Honestly most of us here are trying to make more money out of bitcoin, and selling at a high price and buying at the lows is the best way to make money. Also, August 1 seem to be positive as I can see it. Fork has been avoided at least for now and there seems to be no negative happenings before or after Aug. 1.
What the best choice?
The choice I'm going to take is to sell all the bitcoins if you do not confidence to hold your bitcoin because worried of chain split happened. Selling it all now while the price is still high because the possibility of the day before 1 August there will be a big dump, just IMO. And you can buy it again after 1 August when the price is still low because I'm sure in this year or to the end this year the price will continue to increase and it seems there will be big pump after 1st of August. Just IMO!It's not a bad idea to go ahead and sell before Aug 1. But you also may be able to find a cheap altcoin to buy as well. Either way you may be able to reposition yourself if there is a price drop for bitcoin.
The price right now is pretty high so you probably would not be losing money by selling and you could protect your investment a little.
What the best choice?
The choice I'm going to take is to sell all the bitcoins if you do not confidence to hold your bitcoin because worried of chain split happened. Selling it all now while the price is still high because the possibility of the day before 1 August there will be a big dump, just IMO. And you can buy it again after 1 August when the price is still low because I'm sure in this year or to the end this year the price will continue to increase and it seems there will be big pump after 1st of August. Just IMO! Jump to: