Topic: Cash-out or buy Alts before August 1? - page 3. (Read 3953 times)
Convert to usdtether and see how it plays out.
The moment we begin to make our decisions based on events coming up the more volatile the price of bitcoin will become to be swings by the direction of events but when we all maintain our position with the mindset that August 1 will come and go and the players will still be us, then indirectly we are promoting the stability of bitcoin and if any one wants to sell, let him/ her go ahead without dragging others along with him.
Well, for me I will probably buy some altcoins but I would never cash out my bitcoins because of the incoming Segwit. There's nothing to be panicked for because everything is gonna be alright. I'll try not to withdraw it and buy some altcoins because I need to see what would really happen during the Segwit or should I say I am experimenting what would really happens in that instance, just to be safe.
I totally agree with you, it's just wise to wait and hold your bitcoins and observe what happens after August 1. I don't think you'll forgive yourself after selling now and realizing a pump after August 1. So it will definitely pay to wait from my observations.
i still holding my bitcoin although its not much and i am not cash out until right now because i want to waiting for 1st august. but if you still have more bitcoin then maybe you can buy more altcoin because i think it still best time to buy the altcoin while the price is in lower price. after you buy altcoin, you only need to waiting for the each pump of the altcoin.
Well, for me I will probably buy some altcoins but I would never cash out my bitcoins because of the incoming Segwit. There's nothing to be panicked for because everything is gonna be alright. I'll try not to withdraw it and buy some altcoins because I need to see what would really happen during the Segwit or should I say I am experimenting what would really happens in that instance, just to be safe.
I totally agree with you, it's just wise to wait and hold your bitcoins and observe what happens after August 1. I don't think you'll forgive yourself after selling now and realizing a pump after August 1. So it will definitely pay to wait from my observations.
If bitcoin value goes down i am ready to buy it and have capital for invest again because if you put all your bitcoin into altcoin you will wait for more days to sell it.
It depends on if you trust the miners in the long run now as we have passed the BIP 91 point
Now there is almost no turning back but we aren't settled yet.
https://bitcoinmagazine.com/articles/bip-91-has-activated-heres-what-means-and-what-it-does-not/
Now there is almost no turning back but we aren't settled yet.
https://bitcoinmagazine.com/articles/bip-91-has-activated-heres-what-means-and-what-it-does-not/
Well, for me I will probably buy some altcoins but I would never cash out my bitcoins because of the incoming Segwit. There's nothing to be panicked for because everything is gonna be alright. I'll try not to withdraw it and buy some altcoins because I need to see what would really happen during the Segwit or should I say I am experimenting what would really happens in that instance, just to be safe.
I totally agree with you, it's just wise to wait and hold your bitcoins and observe what happens after August 1. I don't think you'll forgive yourself after selling now and realizing a pump after August 1. So it will definitely pay to wait from my observations.
Well, for me I will probably buy some altcoins but I would never cash out my bitcoins because of the incoming Segwit. There's nothing to be panicked for because everything is gonna be alright. I'll try not to withdraw it and buy some altcoins because I need to see what would really happen during the Segwit or should I say I am experimenting what would really happens in that instance, just to be safe.
Now that it's back up to previous highs, I don't think you have to feel bad about selling. But if price drops again in anticipation, I'd certainly buy cheap and look to profit from the uncertainty.
Dont panic , suggest dont sell your bitcoin just hold it because we dont know what will happen in bitcoin in august1 if the price down or increse . But I hope it will increase so I can make a lot of profit . Many people want to sell their bitcoin because many people said price down in that date. But if you have no choice I suggest dont cash out your bitcoin its better to buy altcoin incase bitcoin not decrease.
What the best choice?
I think that you're thinking that 1st August will certainly end in a chain split, but this has not been confirmed by anyone and the future is quite uncertain. The worst scenario is obviously a chain split and two or maybe more networks running alongside each other but that could be different from reality.
Anyways, i'm cashing out 80% right now. Price is sky high, nearing the all time high actually. Nothing to lose if you sell now, the worst you can do is lose a couple of hundred bucks in potential profits. But the risk is high, imo and it's best to wait it out, buy back in 7st August or so, 1 week after the 1 August date.
Whatever you do, hold your own private keys if you decide to hold any sort of bitcoin. Don't hold anything on coinbase, coinjar, xapo, etc.
BIP 91 is locked in and therefore a chances of split is very low. Even if a split happens, it is most likely to be in the form of a separate altcoin, and not in the form of a blockchain split. So your strategy can turn out to be very risky.
What the best choice?
I think that you're thinking that 1st August will certainly end in a chain split, but this has not been confirmed by anyone and the future is quite uncertain. The worst scenario is obviously a chain split and two or maybe more networks running alongside each other but that could be different from reality.
Anyways, i'm cashing out 80% right now. Price is sky high, nearing the all time high actually. Nothing to lose if you sell now, the worst you can do is lose a couple of hundred bucks in potential profits. But the risk is high, imo and it's best to wait it out, buy back in 7st August or so, 1 week after the 1 August date.
Whatever you do, hold your own private keys if you decide to hold any sort of bitcoin. Don't hold anything on coinbase, coinjar, xapo, etc.
just relax,
you can exchange to money if you want or buying alt coin, and exchange to bitcoin again if normal situation's. or you can hold your bitcoin until we have notice by bitcoin itself.
you can exchange to money if you want or buying alt coin, and exchange to bitcoin again if normal situation's. or you can hold your bitcoin until we have notice by bitcoin itself.
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.
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.
Buy alts! There s much more chance a $1 alt will double in price compared to $3000 to do the same.
Actually when you want long term investment I think you should invest in ICO projects in order to secure or choose good altcoins to buy and hold them. Also you want to earn interest in the short term I recommend you take a look at the current context of the market and choose the right time to buy.
On my own, I would choose to invest in potential ICOs with long-term safety at this time without having to worry about market shifts.
On my own, I would choose to invest in potential ICOs with long-term safety at this time without having to worry about market shifts.
Hold bitcoin in a wallet where you control the private keys so you can get your BitcoinCash: http://www.bitcoincash.org
If I am holding my coins in a blockchain.info wallet, and if I am having the private key with me (it is possible to export the private keys from the old blockchain.info wallet), then could you please tell me the steps for claiming BitcoinCash?
I believe you would just import the private keys into a BitcoinCash wallet. There may also be splitter services available you could send your BTC too. Just keep your keys safe for now.
I would say to buy alts before 1 August, bitcoin will probably skyrocket or free fall in 1 August, either way if you hold a good alts you are minimizing your risks.
Hold bitcoin in a wallet where you control the private keys so you can get your BitcoinCash: http://www.bitcoincash.org
If I am holding my coins in a blockchain.info wallet, and if I am having the private key with me (it is possible to export the private keys from the old blockchain.info wallet), then could you please tell me the steps for claiming BitcoinCash?
Hold bitcoin in a wallet where you control the private keys so you can get your BitcoinCash: http://www.bitcoincash.org
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