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Topic: I want to invest in BTC should i do it now or wait til after August 1st? - page 4. (Read 4565 times)

copper member
Activity: 2968
Merit: 575
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Currently the price seems to be just jumping around $2600-$2700. I would say just invest a part of your investment for now, and wait till august 1. People might panic sell their coins and that will be the right time to buy it.
sr. member
Activity: 924
Merit: 275
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon
This is the best day for you to invest. Do not believe to the other people that saying the value of bitcoin will goes down. It is only a hoax no one can predict what will happen. I know it is risky but it is part of the investment.
sr. member
Activity: 924
Merit: 260
In my own views august first is no longer significant as we're the price is today is market reactions to what will happen. I so much believed that august first will come and pass just the same way March 13 come and passed! You should invest your 15k into bitcoin because the price now is too under value.
newbie
Activity: 56
Merit: 0
I was only aware of cryptos just recently so i bought my btc at 2700$. Not regretting it as i know long term wise, it will rise.
hero member
Activity: 2590
Merit: 644
You should do it now because the price of bitcoin is good to buy as long as it is below 3,000 USD and the price seems to pump after the event in august 1st which is the fork and if the segwit fork will become successful then the transactions will become faster and it will be the reason for the demand to become more and it will make the price goes up. So i think buying now is worth it than buying after august 1st.
hero member
Activity: 798
Merit: 502
If you are going to hold your bitcoin for long term then you do not need to worry what is the price right now. But if you are hesitant then don't go all in save some money for the dip and buy more bitcoin.
sr. member
Activity: 434
Merit: 270
my advice, buy it as soon as you can, nobody knows if it will go down in the august, but what if it goes up.
you are going for long term , then buy now and hold.
newbie
Activity: 36
Merit: 0
how the existing bitcoin be divided when they are hard forked on 1/8

Posted From bitcointalk.org Android App
legendary
Activity: 3248
Merit: 1070
the value look dead stuck there on $2700, i doubt it can fall anymore, so investing now it's not that risky in my view, worst case we tank to $2500 or around that after 1 august after the usual panic sell

i would buy now with a % of my total investment and wait and see to invest the other %
hero member
Activity: 1232
Merit: 683
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I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon

Buy now.

Bad advice. Buying now would mean overpaying so much for bitcoins.

I do tihnk that after the fork bitcoin price will stablize a bit and eventually climb back up to another ATH, but before the fork there will be a lot of panicky people. People will spread FUD all around the forum and say that bitcoin will never be the same again after the fork blah blah blah, leading to more impatient traders dumping their coins. This is the perfect opportunity to load up on cheap coins.

This is basically my trading strat as well, buy when everyone is panic dumping, sell when everyone is optimistic. I would expect that on July 29-31 there will be a wave of people moving their coins into fiat accounts, driving down the price.
hero member
Activity: 588
Merit: 500
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon

Buy now.

When Segwit gets implemented the price of bitcoin will skyrocket because blocks will become less full as transaction fees rise.

Obviously if you are unsure about anything, what i would suggest doing is that you should buy every week, say 10% of your total investment amount into bitcoin. So that a sudden price drop/hike does not kill you.

Make sure you buy from a reputable site as well, the worst thing that could happen is you working hard for the money that you buy coins with but losing it all to an exchange scam. Good luck man.
sr. member
Activity: 308
Merit: 250
If you have patient maybe the 1 August will be the right time to buy bitcoin but this market is unpredictable so my advice is to take half of the risk, buy some now if you see a dip and buy some later.

yes, it sounds safe tho.
Invest the half of it now as we dont know what actually will happen before August 1.
So when that day comes and theres a dip invest the remaining half.
It wouldn't hurt that much. As all of these are pure speculations so better than safe than sorry.
legendary
Activity: 1652
Merit: 1007
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After August 1 Some people will get into a panic after some changes in bitcoin and it will cause prices to decrease. You can buy Bitcoin in a dip. After that bitcoin price will rise. Note that what I said is just my prediction. Prediction in bitcoin world is impossible. It might be better to invest small part of your money now and then wait for 1 August and invest more. If I were you I would do this.

What changes Hosseinimr93?? What changes?

You newbies should know better then spreading FUD among cryto community. WTF changes do you expect? As it seems ATM, there will be absolutely no change on the user side. Segwit2x will get implemented, 80% miners re already signaling that and there will be ABSOLUTELY no change for BTC on Aug 1.

So pls stop spreading SHIT just so you could buy 0.1 BTC more.
hero member
Activity: 994
Merit: 502
August 1 has been hyped big, so if you're interested in making an investment don't think of the time period and all. Till date who has the patience has got profited through bitcoin. So if you invest now and have the patience even after price fall the price increase happens giving you the profit.
hero member
Activity: 1666
Merit: 753
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon

Ultimately we cannot influence your decision of what you would like to do with your money.

My advice would be to get 20% bitcoin right now, and 80% after the UASF.

I just feel like the price will definitely drop quite a bit after 1st August because of all the drama with Bitmain mining their own altcoin if UASF succeeds, and Bitcoin Unlimited trying to hard fork with a miner majority etc. It's all pretty crazy at the moment.

The price is nearly $3000 right now as well, which means that $3200 is probably the highest point it's going to reach IF it breaks $3000 at all. If not, then the price is going to drop dramatically.
member
Activity: 65
Merit: 10
It's an important consideration to think through.

Buy bitcoin now. Don't wait for scaling solution to end because the price of bitcoin will definitely grow after successful upgrade.
You can compare it to Litecoin - After SegWit signalling ended price of LTC skyrocketed, it will be the same with Bitcoin.

I don't think Slark fully grasps all of the consequences that could come from the fork. It's not about whether bitcoin will go up or down, it's about where you keep your bitcoin and whether you'll be shut out (or not) from the alternative bitcoin version that could be created as a result.

Segwit could still result in two bitcoins.

A safer alternative to exposing yourself now would be to spend your investment on Ethereum or Litecoin. Both have been relatively more stable than Bitcoin and Litecoin could even see another pop up to the $100 mark this summer.

Well, I don't think investing in other coins was part of the Q., but maybe it was. I would say, start buying now, split the 15,000 into 2. Buy half before August 1 and buy the rest after Aug first. Buy slowly before and buy slowly afterward. When the price drops, you will get more for your money. When BTC forks, you will have 2 different bitcoin piles. So if you have 100 Bitcoin before the split, you will have 200 after the split. No need to worry about it. Both piles are safe. You will be able to sell both afterward, but you will need to do a little reading on that subject.

Ethereum is an 80% pre-mined coin and is also a centralized benevolent coin.

Litecoin would also be a good choice I think, if you want to spread your money around a little.
hero member
Activity: 3024
Merit: 680
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Hi, i need your help, please, can you explain me why the price of bitcoin will be changed the 1 of august, and what would be the consequences of this changes?  Huh Huh

There's no assurance that there will be a sudden price increase and that is because of the chain split. No one really knows if the price is going to be good to increase or it will be seen again at a dip. But base on the bitcoin experts and blockchain technology enthusiasts and analysts. They are seeing this will have a positive impact.
newbie
Activity: 37
Merit: 0
Hi, i need your help, please, can you explain me why the price of bitcoin will be changed the 1 of august, and what would be the consequences of this changes?  Huh Huh
full member
Activity: 225
Merit: 100
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon

No person can help you to that. There are 2 scenarios after August 1, price will increase or price will decrease.

Now what do you want? Wait after August 1 or take the risk? What if no price drop will happened after? All our speculations and we must play on all of it. My advice, if you accept all the risk in investing bitcoin then you must shall proceed no matter what. All our risking money here so let yourself also experienced that.

You're right anyway. It's one of the hardest moments for crypto currency history, I guess. And if we knew the answer, we could be simply rich by making margin trade.
hero member
Activity: 714
Merit: 500
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon
August 1 isn't that far at the moment, and the fork may decrease the value of bitcoin for a small amount of time, so it could be the opportunity to buy more bitcoin with your amount. But in any case, if you invest and store your bitcoin for a reasonable amount of time without panic selling, you'll be making big profits out of your investment. 
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