Investing before August 1st. - page 2.

jwkman

newbie

Activity: 42

Merit: 0

Staying in fiat until things some what stabilize...

justmint

newbie

Activity: 45

Merit: 0

Quote from: Jamboterino on July 28, 2017, 05:12:11 AM

Hi guys,

i want to invest some money into Bitcoin but don't know if i should invest now or after August 1st.
Might the price for one btc drop after August 1st and would it be a good decision to wait a couple days?
What could be a benefit of investing now?

regards
Jambo

You probably won't find the perfect answer on this forum and realistically it can go either way.

zxl912157

sr. member

Activity: 588

Merit: 250

Quote from: affandi on July 28, 2017, 05:57:53 AM

The news about the bitcoin split is still the talk of everyone. If I may suggest, it's better to wait after the segwit is over. I think this is the best option right now

Almost everyone in this forum is talking about hardfork and BCC, they are competing to buy BTC hoping to get BCC for free.
I just watch, it's like waiting for the results of the presidential election of America is very exciting.

Emoclaw

sr. member

Activity: 420

Merit: 251

Invest now so as to safely have coins on both chains. If you invest before August 1st you might be caught up in delays from Coinbase or other services and not be able to get BCC on time.
After you buy Bitcoin, move them to a wallet whose private keys you control exclusively such as Electrum.

duyduc256

sr. member

Activity: 700

Merit: 250

Quote from: frendsento on July 28, 2017, 06:37:34 AM

Actually In my own perception this was the best time to sell your bitcoin (not all but some) because I think after August 01 bitcoin price will gradually go down and when that time comes use your money to buy a lot of bitcoins because surely it's price will rise again maybe much higher compare to it's current price today.

I don't think so, the price of Bitcoin at this time was over $ 2800. At present, people are buying Bitcoin to own 1BCC and all altcoin drops very quickly. I think this is a good time to buy cheap altcoin

SamsungBitcoin

sr. member

Activity: 532

Merit: 280

For me if you are willing to take a risk just invest and buy bitcoin, i think you do not need to get the idea for other users no one could stop you if you are really interested to invest because me i already set a plan for my bitcoin and i think more times before i arrived to my plan.

frendsento

sr. member

Activity: 434

Merit: 250

Actually In my own perception this was the best time to sell your bitcoin (not all but some) because I think after August 01 bitcoin price will gradually go down and when that time comes use your money to buy a lot of bitcoins because surely it's price will rise again maybe much higher compare to it's current price today.

Mandoy

sr. member

Activity: 644

Merit: 264

Aurox

Quote from: Jamboterino on July 28, 2017, 05:12:11 AM

Hi guys,

i want to invest some money into Bitcoin but don't know if i should invest now or after August 1st.
Might the price for one btc drop after August 1st and would it be a good decision to wait a couple days?
What could be a benefit of investing now?

regards
Jambo

There are two options that you should need to do today and that is either to buy or not to buy. If you will buy today then the price will go down during August 1 then you will suffer some losses but if it will go up like crazy then you will get huge profits. But if you dont buy bitcoins you will not lost when the price goes down and you will also not earn when the price goes up. The best thing to do now is to slice your budget and that is to keep 50% of your money in your pocket and the other half use it to buy bitcoin. If the price went down you can use your remaining money to buy more bitcoins in a lower value. If the price is high then you can either hold or sell your bitcoins. With this strategy you will not lost a huge sum of money and you will also not be deprived of the opportunity to earn.

Farcoin12

full member

Activity: 206

Merit: 100

Quote from: Jamboterino on July 28, 2017, 05:12:11 AM

Hi guys,

i want to invest some money into Bitcoin but don't know if i should invest now or after August 1st.
Might the price for one btc drop after August 1st and would it be a good decision to wait a couple days?
What could be a benefit of investing now?

regards
Jambo

I wouldn't advise investing into Bitcoin now. I am assuming that you don't really know much about it and most likely don't have any sort of Bitcoin wallet at the moment. It would be better if you learnt more about Bitcoin and then invested after segwit is engaged, the price is expected to drop anyway, so you would be saving yourself a couple more pennies. If you do however have a good understanding of Bitcoin and the upcoming fork, then now still isn't a good time, the price is just way too high.

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

If you are investing for the long term, then just buy it. Those people who didn't buy at $400 because they were waiting for a drop may have quite a wait.

davis196

hero member

Activity: 3164

Merit: 937

Quote from: Jamboterino on July 28, 2017, 05:12:11 AM

Hi guys,

i want to invest some money into Bitcoin but don't know if i should invest now or after August 1st.
Might the price for one btc drop after August 1st and would it be a good decision to wait a couple days?
What could be a benefit of investing now?

regards
Jambo

If you want to hold the bitcoins for a few months,there wouldn`t be any problem to invest now.
The bitcoin price might decrease before and after Aug 1,but bitcoin will skyrocket during the winter.
If you want to start bying and reselling bitcoins,you should wait.
Anyway,that`s just my opinoin.

btctousd81

sr. member

Activity: 434

Merit: 270

i was hoping to get btc price till 1200 bucks , but its still climbing., it did came down ~1800 on 18th i guess.,

but since then its just going up, you should better wait., it will come down either before 30th july or after 1 august.

affandi

hero member

Activity: 672

Merit: 500

The news about the bitcoin split is still the talk of everyone. If I may suggest, it's better to wait after the segwit is over. I think this is the best option right now

Jamboterino

newbie

Activity: 3

Merit: 0

Hi guys,

i want to invest some money into Bitcoin but don't know if i should invest now or after August 1st.
Might the price for one btc drop after August 1st and would it be a good decision to wait a couple days?
What could be a benefit of investing now?

regards
Jambo

Topic: Investing before August 1st. - page 2. (Read 1167 times)