You don't know what to do? Check Theymos' thread here: https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799
/thread
Topic: Cash-out or buy Alts before August 1? - page 5. (Read 3954 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.
Buy more bitcoins and altcoins as everything is in clear path right now bitcoin split will not happening so theres nothing to worry anymore, sitback, relax and wait for the bitcoin price go to the moon...
Dont panic. That's the worst thing you can do. just HODL. 2017-2018 is the year of altcoins.. things will boom even more untill it is fair valuated
What the best choice?
If you indeed think that there is a possibility of bitcoin's value going down, you should cash out. There is a lot of correlation between the price of bitcoin and the price of alts. We saw that last week, when bitcoin crashed to under $2000
This is what I'm thinking....But, I'm sure it will bounce back so it may be a good opportunity to short the market....I don't know though because I'm not sure about the risks associated with keeping a balance on the exchanges....I'm going to wait until the last second to figure out what I'm going to do. Right now BTC is at $2766 so it's a pretty good time to exchange for USDT and hope to catch some cheap coin later.
The answer will totally depend on you, if you think that the price of bitcoin will plummet then by all means cash out. I would not suggest getting alt coin as well because in my opinion alt coin is more volatile than bit coin. But since we're not sure of what will happen in the future you can try and hold on to your bitcoin the price may rise after aug 1.
What the best choice?
The best thing is do nothing, don't sell or cash out, don't buy altcoins. No loss no profit, nothings gonna happen to you if you're always scared of what's happening in the industry. This is normal to this business there will always be changes and also falling and rising of value. That's business their will always be risk.
Why would you cash out in the first place? It's not like your bitcoin is going somewhere or maybe you yourself have the feel to cash out because you are panicking as of now because of the August 1 happening. If you are into trading you should know by now what to do with your bitcoins. I suggest you read more articles and updates about bitcoin so you would know what's happening and how much is current value is at the market.
Stay calm mate, price is not going to fall. Hopefully it is going to increase after august 1, so my advice is don't cahsout but if you want to buy alt coins then buy it from half of your assets, this minimize the risk.
I would watch my favourite web series and other live broadcasts if there is any online discussion/event about Bitcoin soft fork. I don't think that there is any need to do anything other than storing bitcoins is the wallet in which you have full control on it (private keys). We have already experienced panic selling wave and there is no need to panic again, nothing wrong is happening on 1 Aug. Keep calm, and hold bitcoins.
What the best choice?
You know what the best choice is? It is to decide on your own and not rely on other people's ideas and predictions.
You have internet connection. Therefore you have access to almost every articles on the internet about cryptocurrencies. If you're lazy, investing is not fore you. Simple as that.
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.
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.
What the best choice?
Well, people here says don't be panic. But i choose to sell all my bitcoins because i don't want take any risk that will happen on Segwit or after Segwit. Especially the price of bitcoin is back on good price again, so i sell all my bitcoins and i just watch until 1st August come and wait to buy the bitcoins.
Well before August 1, Alts are safe in every exchanger or any wallets. They are to manipulate bitcoin only not alternative cryptocurrency. So there is nothing to worry in that day. All altcoins are safe.
you are way too late to make a decision about August 1st.
at first we didn't know what will happen, so it meant you should have sold some bitcoin for fiat only in case you were scared. and you should have done it when price was above $2500 at least.
then 2+ days ago as miners started signalling for BIP91 for real it meant you should have started buying bitcoin because it meant a rally is on the way.
and now it is too late because that rally is over and price is $2700+
for future, we still have the SegWit activation itself and that means another rally probably similar to this. and also we still have the long term rise of bitcoin price which will always happen. and it means you should buy bitcoin as much as you can afford to invest.
as for altcoins:
at first, they dropped because bitcoin price was dropping.
then bitcoin recovered and they dropped because bitcoin was attracting all the money and investors.
and in the future they will drop more because bitcoin will have its long debate sorted out and also because alts are in a bubble that needs popping.
at first we didn't know what will happen, so it meant you should have sold some bitcoin for fiat only in case you were scared. and you should have done it when price was above $2500 at least.
then 2+ days ago as miners started signalling for BIP91 for real it meant you should have started buying bitcoin because it meant a rally is on the way.
and now it is too late because that rally is over and price is $2700+
for future, we still have the SegWit activation itself and that means another rally probably similar to this. and also we still have the long term rise of bitcoin price which will always happen. and it means you should buy bitcoin as much as you can afford to invest.
as for altcoins:
at first, they dropped because bitcoin price was dropping.
then bitcoin recovered and they dropped because bitcoin was attracting all the money and investors.
and in the future they will drop more because bitcoin will have its long debate sorted out and also because alts are in a bubble that needs popping.
I think everyone that is in altcoins is doomed by btc. Every big news and one of this scale, is gonna pump the price sky high. This is for every coin that has value, right away its gonna be transfered to btc.
Don't just...
There's maybe 3 alt crypto currencies worth buying in alternative of Bitcoin. Here's the risk of getting out, you miss the first pop post fork of the new chain of Bitcoin. Keep you coins off exchange OR with an exchange that promises to give you access to the dominant chain post fork. Then your bitcoin will be safe and you won't miss any appreciation (that might not be seen again)
The biggest plague Bitcoin has right now is this damn fork, once it's settled we're bound to see a jump...and bitcoin may never look back.
Quote
buy Alts!
There's maybe 3 alt crypto currencies worth buying in alternative of Bitcoin. Here's the risk of getting out, you miss the first pop post fork of the new chain of Bitcoin. Keep you coins off exchange OR with an exchange that promises to give you access to the dominant chain post fork. Then your bitcoin will be safe and you won't miss any appreciation (that might not be seen again)
The biggest plague Bitcoin has right now is this damn fork, once it's settled we're bound to see a jump...and bitcoin may never look back.
What the best choice?
The "Bitcoin is going to split" drama thing has been ended recently. Bitcoin Improvement Proposal 91 (BIP91) locked-in recently and the possibility of Bitcoin chain split is slowly being erased on the minds of the community. Thus, nothing is to be worried about as of now and you can keep your bitcoins safely in your wallet.
What the best choice?
How about just hold?By the looks of it, there are a lot of opportunities to be had if you just hold over the fork, it doesn't look like the market is taking it negatively and there is a fairly large stance in favor of it across the community and mining cartels. The market managed to push back $800 per piece into the market over the course of a few days, and this is on the verge of the fork. The market appears to be confident until otherwise proven, and unless something happens at the verge of the fork we're in good hands until we cross to the other side.
Just hold the coins and see the magic after august 1.I think very good news is coming for us.After all, coins ar at rest is not much risky. 
Jump to: