Hold BTC or Buy Altcoins - Hard fork - page 8.

haroldtee

sr. member

Activity: 644

Merit: 299

Quote from: coingrow on October 09, 2017, 06:46:29 AM

I am already deep into alts and have no interest in selling them now at these low prices. I do have some reserve bitcoin in my cold storage, which I will be using again to buy more alts a day or two before the bitcoin gold fork.

Same here mate! I was really having some hopes last week that some of the coins would get pumped somehow this week, so rather than selling for losses, I held and had a very busy weekend to monitor the price, only to get to bittrex this morning to see a huge bloodbath for almost all the Alts. The best thing however like you have said is just to hold until the coast is clear and we can start seeing some more pumps for them gradually after the fork maybe.

Svelto

sr. member

Activity: 686

Merit: 257

The best scenario is to buy both BTC and altcoins in the dip. However due to limited money, I will choose to hold BTC and buy altcoins that is super cheap in the dip.

hua_hui

legendary

Activity: 1386

Merit: 1016

I have been holding bitcoin all along and it will never be wrong. What is the worst case that can happen when you hold bitcoin? In the case that bitcoin price fall after the fork, the alt coin that people are holding will also suffer a dip. These alt coins are correlated to bitcoin. However, there are some alt coins will able to tank more than bitcoin so that can be a better option like ltc. But you will still have an extra coin now to reduce your losses.

LivingDeath

sr. member

Activity: 443

Merit: 250

I can`t see any problem here or a reason to change anything. Probably the same thing will happen like in the Bitcoin Cash fork.

ahihi.2020

newbie

Activity: 54

Merit: 0

I just hold eth Grin

Mett33

full member

Activity: 200

Merit: 101

I don't know if you look this video, but looks like BTC gold fork was already made on 01. October.

https://www.youtube.com/watch?v=Y1UOAb5J2vU

okissabam

sr. member

Activity: 700

Merit: 250

My decision would be to hold on to BTC because just like what happened with Bitcoin Cash we might get free money and from that I can just buy an altcoin of my choice and I wouldn't have to spend anything from my own pocket so it is still a win-win situation.

gabmen

hero member

Activity: 1246

Merit: 529

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Well i'd probably do the same now as with the previous hardnfork and hold my btcs. I'm still not that keen in dealing with alts especially in these situations so i'd rather be safe for the mean time and relax

akmittal

full member

Activity: 252

Merit: 102

Hold BTC or Buy Altcoin is a very good as well as tough question. In my view BTC is grown up to a high level and now it will grow certainly but slowly. Whereas many other Altcoins are under valued in the market and in the future so many coin will grow to BTC. So I think we should hold both BTC and Altcoin. One may get benefit of growing Altcoin and BTC also.

chineseprancing

hero member

Activity: 630

Merit: 500

Quote from: LodisMcguire on October 09, 2017, 09:07:57 AM

For who have a small capital,it's better to invest in alt,with the red market right now,it's easy to buy coin in cheap
But if you have a big reserve then you can sell alt and wait for the fork,though maybe it's late to sell now

Maybe if you had a lot of bitcoin it's better to buy some amount of altcoins because there's a possibility that value of all altcoins are raising up. Furthermore holding some altcoins like ethereum, bitcoin cash, ark and waves are good investment. Also if I have a lot of bitcoin I've been choose to hold it for long time because I'm pretty sure that it will gives better profit in the future.

Noxmfs

member

Activity: 126

Merit: 10

Not doing anything. Way too risky to trade with that fork incoming. Bought a few dips already now hoping for nice returns once the new btc is dumped.

Beicin

full member

Activity: 182

Merit: 100

I think buying into altcoins is a smart choice! The prices are really good right now, with some coins being at 50% or less of their previous ATH... when the next bull run happens they are gonna increase a lot, and very fast! And then people will FOMO in and you don't wanna me sitting on the sidewalk just watching it all unfold Tongue

LodisMcguire

sr. member

Activity: 546

Merit: 261

For who have a small capital,it's better to invest in alt,with the red market right now,it's easy to buy coin in cheap
But if you have a big reserve then you can sell alt and wait for the fork,though maybe it's late to sell now

Hamphser

sr. member

Activity: 2506

Merit: 328

Quote from: pawanjain on October 09, 2017, 06:20:49 AM

So the hard fork is near and it must be difficult for beginners to what to choose. I am myself confused what to do.
Vote your choice and see the results and share your opinions on the fork.
Obviously everybody would want to make this opportunity a profitable one by increasing the capital. So what do you think would be more profitable out of the given options.

Selling out your altcoins on cheaper prices would really be a dumb thing to do unless if you are already on gains then selling them would be a good idea to purchase more bitcoin because on the upcoming fork event we would earn another free coin from bitcoin which would potentially give us again free money just like on what happen on Bitcoin cash and then when you already gained profits on the free money you earn then its time to buyback again on the cheap altcoin in the market which have been decreased because of the effect of bitcoin fork.Just like that it would matter on how you would monetize this kind of events.

0t3p0t

sr. member

Activity: 1582

Merit: 352

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Quote from: pawanjain on October 09, 2017, 06:20:49 AM

So the hard fork is near and it must be difficult for beginners to what to choose. I am myself confused what to do.
Vote your choice and see the results and share your opinions on the fork.
Obviously everybody would want to make this opportunity a profitable one by increasing the capital. So what do you think would be more profitable out of the given options.

For me it is better to hold BTC before hard fork happens for us to receive free coins. After the hard fork I think altcoin price still go down low so that is the best time to buy them. I am sure that this is profitable because that's what I did last August and it works for me because I got free Bitcoin cash worth the same as my BTC stored on my wallet with private keys. If you just chose to buy altcoins now you might miss the opportunity to earn free Bitcoin Gold. If you have some BTC on your wallet then why not buy altcoins now since price is low at this time just buy additional alts after segwit if the price still down.

thelastman

full member

Activity: 255

Merit: 100

thelastman

i choose both!
look at dash、zcash、 xmr!
don't tell me you never regret missing these altcoin!
the world never rule by one !
if there is a sun, somewhere must being moon!
if there is back , somewhere must be white!
if there is hot ,somewhere must be cold!

acpr23

sr. member

Activity: 350

Merit: 250

I have converted all my alts into bitcoin before the market crash this week, i just hope that bittrex will support the upcoming bitcoin gold hard fork, anyway for me im planning to hold my btc to get the free btg.

maydna

hero member

Activity: 2912

Merit: 556

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Quote from: pawanjain on October 09, 2017, 06:20:49 AM

So the hard fork is near and it must be difficult for beginners to what to choose. I am myself confused what to do.
Vote your choice and see the results and share your opinions on the fork.
Obviously everybody would want to make this opportunity a profitable one by increasing the capital. So what do you think would be more profitable out of the given options.

i will hold it for waiting the fork and i use some part of my bitcoin to buy altcoin because the price is down hard but if you decide to buy too, its better if you analyze first. i think you don't need to confused to decide between hold btc or buy altcoin because you can do both like what i am doing later. and if bitcoin price is down too because of the fork then you can decide to buy bitcoin too to add more bitcoin into wallet so if the price is back increase, you can make nice profit.

ask

legendary

Activity: 1386

Merit: 1004

I am already invested enough on altcoins so i have to wait until their prices get in some profit.
But if i own some more btc i will buy altcoins cause they are cheap now!

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

here are your options when reality kicks in:

bitcoin, is the only investment that matters. if you hold it, in long term it will go up no matter if now it is on the rise or now it is on the way down.

altcoins: if bitcoin drops will drop hard too! so you have no other choice to either hold bitcoin or convert back to fiat.

in the end, you should choose these options only if you are a trader. if you have experience in it you would know what to do, otherwise don't bother. just hold bitcoin and close down social media to have your mind at ease.

Topic: Hold BTC or Buy Altcoins - Hard fork - page 8. (Read 4909 times)