is it better to invest in bitcoin prior to "forks" or after "forks" ?

michellee

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Quote from: Millzp0 on October 26, 2017, 03:36:09 PM

positive & negatives , cause & affect, action & reaction

the positive is if we buy bitcoin when the forks is happen, we can buy at lower price and the price will be increase after the forks is finished but if we buy bitcoin after forks, the price is in high price and will be down when the fork is happen. i think the cause and the affect is related with the price and the price will be up and down too often so there is so volatile and to risky for us to buy and sell. the action and reaction will be happen when there is any bad news or good news is happen in the market or from people that spreading bad news.

mondobitcoin

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I think that is better to invest in Bitcoin before forks, because usually the price is lower
But it depend case by case

reliable

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If you think that fork which is going to happen and create a new coin will have a good value then prior is better as you will get the new coin for free and it will have some worth in the market. So after the fork if btc price keep rising you will have a double benefit and good profits as well.

azhar700

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bitcoin prices have bounced higher, if you expect to buy bitcoin at the current low price seems to have been impossible, unless buying after fork occurs. because in my opinion there will be a decrease in price on bitcoin after fork. but if you want to buy bitcoin now, you will get bonus bitcoin gold, with note "you have to buy with high price"

all decisions remain in your hands.

SvenBomvolen

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Investment means Bitcoin buying and we all wish to buy it as cheap as possible. But your "to fork or after" can't be measured by some one standart. Here you need to watch the crowd. If before the other fork people were scared and sell their founds (that was the prefect moment to invest in Bitcoin), which followed the big price's drop; than before the last fork the price was raising before the fork, cause of everybody wanted to have as much free Bitcoin Gold as it possible and the moment to invest in Bitcoin came right after the fork when the price lost almost 1000$ in a moment.

Kakmakr

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In general, if you buy bitcoins before a fork, you will get free coins after the fork. It is therefore recommended that you buy as much bitcoins as you can before the fork to increase the free coins that you will receive from the fork and then to sell it after the fork.

A lot of people in my area sell the forked coins after the fork and keep the price value of those forked coins in the bitcoins they bought prior to the fork. < their plan was never to keep all the coins they bought before the fork >

Maveth13

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I think it is more on how are people reacting to these forks. In the bitcoin cash fork, bitcoin's price dropped before and during, then increase fast after a while. But this time, nothing much had happened, people expected an airdrop so they bought more bitcoins to increase free coins. This increase in demand of course increased the price.

Indrawan77

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I personally like to invest before the fork, the first reason because I can get a free coin amd at one point before the forking, bitcoin price will fall down and then after the forking, it will be gaining momentum to go up, so I can get a lot of profit if I invest before forking

jakezyrus

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Quote from: BitcoinHodler on October 26, 2017, 11:50:25 PM

it is hard to tell because all forks doesn't have to be like each other and certainly all of them don't have the same result.
positive:
you are investing in bitcoin!
you may get the forked coin and make additional profit
price of bitcoin may go higher after the fork and you miss out if you haven't bought before it

Quote

you are investing in bitcoin!

not all people have the funds to invest in bitcoins.

Quote

you may get the forked coin and make additional profit

not all can get their forked coin unless they have their bitcoins on a supported exchange or wallet that has their own private keys.

Quote

it is hard to tell because all forks doesn't have to be like each other and certainly all of them don't have the same result.

no, not really because forks are mean to work that way and that is their nature , so it will probably has the same result as the past.

Quote

price of bitcoin may go higher after the fork and you miss out if you haven't bought before it.

i dont think so, price will likely to decrease after the fork has been activated because majority of people will just selling off their bitcoins and also their bitcoin gold and this will greatly affect the value of bitcoin and may tend to go down or decrease.

rodskee

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Quote from: Millzp0 on October 26, 2017, 03:36:09 PM

positive & negatives , cause & affect, action & reaction

i donn't seeing into negative affect i always see the possibility everytime into positive thinking in our life, i suggest with mate always look yourself in the positive ways to become successful, about the incoming fork i always believe the strongst crypto is bitcoin i can't jugde today but i say always think positive, my prdiction bitcoin still reamin his capability as strongest cryptocurrency, invest your bitcoin anytime but you need to learn first where the best investment for you to avoid risk.

Cipherr

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It doesnt matter, there are diminishing returns on this shit.

You can't just fork a coin forever for infinite free money. That's not how the market will allow it to work. Each one will be diminished from the previous. Look at gold, it never even got close to the 1k peak of Bitcoin Cash. And 2x is going to die on the vine faster than ALL of them. When Silver comes in December, I'll be surprised if people even bother or know about it at all.

They are diminished already to the point of not mattering. The time to pick up on the forking patterns was probably back with Ethereum classic or whatever.

buwaytress

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I'd be extremely cautious into playing into the "pattern" as established by only two forks in the space of less than four months. Yes, buying demand raised Bitcoin prices and then sell-offs immediately after the fork caused some downward pressure, before a strong recovery. But not all forks will be created equal I think. They won't all have the same economic incentive to miners, they may not all get support from exchanges, and there may simply be no interest from the community.

Even if the fork has all the above (as in Segwit2x), you don't want to get caught out by the strategy of "buy before fork, sell right before fork, buy back after". The safest is to simply just hold, sell the fork coins. Your Bitcoins are the most likely to go up in value.

Chrisdstar

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It can go either way but before is better
If you invest before the fork, you stand a chance of receiving the new coin depending on the wallet you are using.
But if you are investing because of the price, it's better to invest before the fork, because after the fork,bitcoin price normally rises.

aizen10

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Quote from: Millzp0 on October 26, 2017, 03:36:09 PM

positive & negatives , cause & affect, action & reaction

prior to invest before the forks or after the forks are has no different, whether you choose to invest before the fork or after the fork are almost the same. because we all witness the recent fork and the positive and negative effects of it on us. but in the end after the fork, bitcoin will continue to pump and growth are more successful, bitcoin has more positive than negative, the cause are dumpaton of new coins (BTG), and the effects are, bitcoin pumps more and the investors gain more profits after the fork. the action is to hold bitcoin and the reaction is to buy/bought more bitcoin for the future preparation for the biggest change.

hatshepsut93

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Quote from: Millzp0 on October 26, 2017, 03:36:09 PM

positive & negatives , cause & affect, action & reaction

The price of Bitcoin increases as the fork date approaches as people want to get free coins to sell for a profit - so if you want to invest before the fork, you should do it weeks or months before it. Depending on the fork, you can expect to sell them from 0.01 to 0.15 BTC - that's 1-15% of BTC value after the fork.
Then the price might slightly decrease right after the fork as a reaction to lose of potential to get free coins - so you can buy it like 5% cheaper than before the fork day.
So, it's better to buy before the fork, but it comes with a risk of going through fork which might be disruptive and have negative impact on BTC short term value, you will also have to either deal with untrusted software to claim forked coins or keep your coins on exchange - so there's some risks of losing your coins if you are not an experienced user. Those risks might be small, but the negative impact would hurt a lot.

BitcoinHodler

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Quote from: Millzp0 on October 26, 2017, 03:36:09 PM

positive & negatives , cause & affect, action & reaction

it is hard to tell because all forks doesn't have to be like each other and certainly all of them don't have the same result.

positive:
you are investing in bitcoin!
you may get the forked coin and make additional profit
price of bitcoin may go higher after the fork and you miss out if you haven't bought before it

negative:
price may go down, but it will be temporary. the negative part is that you may not have any more fiat to buy in the dip.
you may risk losing bitcoin if the fork doesn't have replay protection or you make a mistake or their wallet was malware.

DoublerHunter

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It is best for me to invest in bitcoin prior to forks because that is how you will be buying bitcoin and getting a free airdrop coin because the airdrop coins or forked coins are created because of the hard fork or the fork that will be going so it is useless to buy bitcoin after the forks because you will not get like a rebate or instant money back so be wise and buy bitcoin prior to forks.

jtipt

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Quote from: Millzp0 on October 26, 2017, 03:36:09 PM

positive & negatives , cause & affect, action & reaction

Prior the fork, but not few days prior, at least a month before as prices wont had risen because of prior the fork buying. This is a good move to do because obviously you get the forked coin for free even if its not much in value you will still get something. Buying after doesn't make sense is just like buying BTC on any other day.

rony01941

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Bitcoin's mission is to give to the people who understand Bitcoin very well. They will be able to spread Bitcoin very easily. As a result of this mission, the cost of Bitcoin will increase, so I think that the demand for Bitcoin will increase.

no0dlepunk

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Hmmm. I actually bought bitcoins before ETF rejection and I haven't sold these coins until now. When it comes to forks, if you are after BITCOIN itself then you should buy after the dump which normally occurs after fork. However, if you want to get free money from the fork coins then you should buy bitcoins about a month or two before the fork, because normally the price goes high crazily weeks prior to that.

Topic: is it better to invest in bitcoin prior to "forks" or after "forks" ? (Read 542 times)