My strategy for the next hardfork SEGWIT2X - page 2.

ninobtcx

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Quote from: Invester on November 05, 2017, 08:13:20 PM

Quote from: ninobtcx on November 05, 2017, 07:45:34 PM

It's reasonable to expect BTC price to dip right after the segwit 2x coins are distributed and there's no point in keeping holding BTC, but it's also true that the rally we are seeing cannot be justified by just the segwit2x and therefore might continue even after the fork. I will personally hold all my BTC.

What you are saying are basically the two possibilities that are always there. The chances of Bitcoin to go up or down are always present for a volatile market. There are always some reasons for Bitcoin's value to go up as much as reasons for Bitcoin's value to go down. That is why we need some analysis, brilliant ones, to know which direction Bitcoin will take. But either way, holding Bitcoin is always good.

Absolutely, BTC price is destined to raise. But nothing goes only up all of a sudden, there is always going to be pullbacks and swings of momentum (temporarily). At this point in time BTC is obviously much higher than it was just a few weeks ago thanks to the China ICO ban FUD, but in terms of momentum the situation is very bullish as it's exactly in situations like this that BTC had its biggest price increase. I'm definitely not selling until the fork, and probably not even after it.

mattbellme

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If you sell your B2x on bitfinex will your BTC potentially be spent/sold aswell?

ArgentBit

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I am holding on to my alt coins as I bought them with a specific belief. Some are up and some are down. I will hold the BTC that I own and add according to my plan. Stay to coure and remember why you bought your alts in the first place. If something fundamentally chages then I would sell.

redwine49

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Quote from: BTCMILLIONAIRE on November 05, 2017, 07:49:41 PM

Quote from: uray on November 05, 2017, 07:05:23 PM

Quote from: coinporch on October 25, 2017, 05:52:08 AM

Split your investments,
30% for BTC and 70% in altcoins, because after the segwit 2x BTC price could be dump hardly
and alt is the way to make another profit

What makes you think that the price of bitcoin will dumb as soon as the segwit 2x is activated,i am not sure where the price would go after the fork but i am positive that you wont see a crash unless there is some major issues arising after the fork,i understand both sides of the fork but i am still not sure which will serve us better in the long run.I will hold on to my coins and will decide about it later.

Well, the last time Bitcoin rose this hard it dumped to 50% of its peak and then went flat for quite a while with a slight downward tilt. I doubt that we'll be seeing this again though, at least not this time. A ~50% correction might happen for all I know, but it won't last for years like last time.

my prediction bitcoin could be dump hard after the fork but it will not reach 50% value.
i cant say alot whats make me think about that. bitcoin will start to fall around 15-22th november. max around 10% - 30% from the last price and it will rise again. for long term its still good to keep bitcoin. i believe it will break 10k $/btc next year

SerenW

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No one can actually tell how exactly the market is going to react right after the fork, only speculations that btc is going to dump hard. BTC dump equal to alts pump, so better watch the market actively and sell half of your alts at the actual rates where did you bought them or at a little gain. This is what I'm actually going to do.

Invester

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Quote from: ninobtcx on November 05, 2017, 07:45:34 PM

It's reasonable to expect BTC price to dip right after the segwit 2x coins are distributed and there's no point in keeping holding BTC, but it's also true that the rally we are seeing cannot be justified by just the segwit2x and therefore might continue even after the fork. I will personally hold all my BTC.

What you are saying are basically the two possibilities that are always there. The chances of Bitcoin to go up or down are always present for a volatile market. There are always some reasons for Bitcoin's value to go up as much as reasons for Bitcoin's value to go down. That is why we need some analysis, brilliant ones, to know which direction Bitcoin will take. But either way, holding Bitcoin is always good.

BTCMILLIONAIRE

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Activity: 1358

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Quote from: uray on November 05, 2017, 07:05:23 PM

Quote from: coinporch on October 25, 2017, 05:52:08 AM

Split your investments,
30% for BTC and 70% in altcoins, because after the segwit 2x BTC price could be dump hardly
and alt is the way to make another profit

What makes you think that the price of bitcoin will dumb as soon as the segwit 2x is activated,i am not sure where the price would go after the fork but i am positive that you wont see a crash unless there is some major issues arising after the fork,i understand both sides of the fork but i am still not sure which will serve us better in the long run.I will hold on to my coins and will decide about it later.

Well, the last time Bitcoin rose this hard it dumped to 50% of its peak and then went flat for quite a while with a slight downward tilt. I doubt that we'll be seeing this again though, at least not this time. A ~50% correction might happen for all I know, but it won't last for years like last time.

ninobtcx

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Activity: 418

Merit: 262

It's reasonable to expect BTC price to dip right after the segwit 2x coins are distributed and there's no point in keeping holding BTC, but it's also true that the rally we are seeing cannot be justified by just the segwit2x and therefore might continue even after the fork. I will personally hold all my BTC.

uray

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Quote from: coinporch on October 25, 2017, 05:52:08 AM

Split your investments,
30% for BTC and 70% in altcoins, because after the segwit 2x BTC price could be dump hardly
and alt is the way to make another profit

What makes you think that the price of bitcoin will dumb as soon as the segwit 2x is activated,i am not sure where the price would go after the fork but i am positive that you wont see a crash unless there is some major issues arising after the fork,i understand both sides of the fork but i am still not sure which will serve us better in the long run.I will hold on to my coins and will decide about it later.

aoluain

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Quote from: ChiNgadOr on October 25, 2017, 04:10:28 AM

My strategy for the next fork, that is supposed to take place around 20th nov.
If there are exchanges that support it and credit B2X for BTC in 1:1 ratio, then i will sell all my alts to buy just and only BItcoin. (nowdays i dont have a cent in BTC). This B2X seems by far very more worth than the BTG shit.. JUst right after the fork, dumping of BTC to buy the bleeding alts that will be around cryptomarket. I will keep the B2X at least for some days (as there is no replay protection, so better safe than sorry) and then decide if keep or dump also.
NOw the question is.. it is smart to sell my damaged altcoins still with lost (since i bought during the summer ATH) and start accumulating BTC? when should i do it? will the altcoins have another rise like yesterday? will BTC still drop more ?
take in mind that last time, people began accumulating BTC as long as 3 weeks before the hardfork... so no much time left for a decision.
what do you think?

I think its a good plan, although as mentioned its all about timing,
and that also depends on the alts you are selling. The potential to
earn free bitcoin to be traded back to alts and gain all the while is good.

What is the likelihood of the coins still being relatively the
same price after the fork?

Sowe are looking at coin analysis and timing!

MV7

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Quote from: ChiNgadOr on October 25, 2017, 04:10:28 AM

My strategy for the next fork, that is supposed to take place around 20th nov.
If there are exchanges that support it and credit B2X for BTC in 1:1 ratio, then i will sell all my alts to buy just and only BItcoin. (nowdays i dont have a cent in BTC). This B2X seems by far very more worth than the BTG shit.. JUst right after the fork, dumping of BTC to buy the bleeding alts that will be around cryptomarket. I will keep the B2X at least for some days (as there is no replay protection, so better safe than sorry) and then decide if keep or dump also.
NOw the question is.. it is smart to sell my damaged altcoins still with lost (since i bought during the summer ATH) and start accumulating BTC? when should i do it? will the altcoins have another rise like yesterday? will BTC still drop more ?
take in mind that last time, people began accumulating BTC as long as 3 weeks before the hardfork... so no much time left for a decision.
what do you think?

If you're going to pull this off (selling all your alts to get segwit2x and sell right away), you better have your timing down really well. I'm predicting almost everyone will dump their segwit2x as soon as it hits exchanges, which will see a huge drop in prices. I mean it is free money though, so I don't see why not. But there is a chance you could lose more money though, because many people may sell their segwit2x and buy altcoins...

Honestly, I think I'm just going to stick with the altcoins I bought for cheap

BTCMILLIONAIRE

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Quote from: ninobtcx on November 04, 2017, 01:48:25 AM

Quote from: BTCMILLIONAIRE on November 02, 2017, 02:41:09 PM

Quote from: ninobtcx on November 02, 2017, 06:33:56 AM

Quote from: BTCMILLIONAIRE on October 31, 2017, 09:39:45 AM

Quote from: ninobtcx on October 31, 2017, 08:06:40 AM

Quote from: CasseyAmber25 on October 25, 2017, 07:40:06 AM

I would buy more bitcoins...bitcoin will continue to rise because most of holders are hodlers. Plus, you will get ur segwit 2x. Token dumping might be a good idea but keep those whose devs have long term plans for their tokens..
Somecurrency analist also suggest people to sell their gold for bitcoins because they strongly believe that bitcoin is far more profitable.

That is really silly of them. Gold isn't a way to "profit", gold should be a method to preserve wealth against fiat money inflation. There is also a limited quantity of Bitcoin (as there is with gold), but being a digital currency which have been subject to sever fluctutations it is much more speculative than gold.... two completely different matters.

Gold isn't really limited though. Gold is constantly being mined, and it can also be produced in the lab. And while producing gold is too expensive to be worth it right now, we might very well end up with a scientific breakthrough that could change this.

That's actually a good point against gold vs bitcoin hah.. but overall there's no comparison about which one of the two is the best storage of wealth as only one of them has been around for thousands of years and is easy to carry and exchange. Let alone bitcoin fees which are prohibitive!

Bitcoin fees are tiny compared to Gold transaction fees. Or do you not value your time or effort of physically moving gold around?

Gold is definitely the safer option when it comes to storing wealth though, at least for now.

Bitcoin fees are smaller than gold's if we are talking about selling ingots and nuggets and gold coins. Not much of a waste of space and time though as due to the high price per gram big portions of wealth can be stored in a standard business suitcase.
I agree with gold being the safer option. Actually I think it's the safest of all, including land, real estate, stock market and obviously fiat which has always been a big loser in that regard thanks to fractional reserve.

If you have to physically move your gold it'll be more expensive than transacting Bitcoin. And if you're buying gold at some place that stores it for you, you're kind of wasting the biggest purpose of owning gold in the first place.

ninobtcx

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Quote from: BTCMILLIONAIRE on November 02, 2017, 02:41:09 PM

Quote from: ninobtcx on November 02, 2017, 06:33:56 AM

Quote from: BTCMILLIONAIRE on October 31, 2017, 09:39:45 AM

Quote from: ninobtcx on October 31, 2017, 08:06:40 AM

Quote from: CasseyAmber25 on October 25, 2017, 07:40:06 AM

I would buy more bitcoins...bitcoin will continue to rise because most of holders are hodlers. Plus, you will get ur segwit 2x. Token dumping might be a good idea but keep those whose devs have long term plans for their tokens..
Somecurrency analist also suggest people to sell their gold for bitcoins because they strongly believe that bitcoin is far more profitable.

That is really silly of them. Gold isn't a way to "profit", gold should be a method to preserve wealth against fiat money inflation. There is also a limited quantity of Bitcoin (as there is with gold), but being a digital currency which have been subject to sever fluctutations it is much more speculative than gold.... two completely different matters.

Gold isn't really limited though. Gold is constantly being mined, and it can also be produced in the lab. And while producing gold is too expensive to be worth it right now, we might very well end up with a scientific breakthrough that could change this.

That's actually a good point against gold vs bitcoin hah.. but overall there's no comparison about which one of the two is the best storage of wealth as only one of them has been around for thousands of years and is easy to carry and exchange. Let alone bitcoin fees which are prohibitive!

Bitcoin fees are tiny compared to Gold transaction fees. Or do you not value your time or effort of physically moving gold around?

Gold is definitely the safer option when it comes to storing wealth though, at least for now.

Bitcoin fees are smaller than gold's if we are talking about selling ingots and nuggets and gold coins. Not much of a waste of space and time though as due to the high price per gram big portions of wealth can be stored in a standard business suitcase.
I agree with gold being the safer option. Actually I think it's the safest of all, including land, real estate, stock market and obviously fiat which has always been a big loser in that regard thanks to fractional reserve.

jorneyflair

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Quote from: ChiNgadOr on October 25, 2017, 04:10:28 AM

My strategy for the next fork, that is supposed to take place around 20th nov.
If there are exchanges that support it and credit B2X for BTC in 1:1 ratio, then i will sell all my alts to buy just and only BItcoin. (nowdays i dont have a cent in BTC). This B2X seems by far very more worth than the BTG shit.. JUst right after the fork, dumping of BTC to buy the bleeding alts that will be around cryptomarket. I will keep the B2X at least for some days (as there is no replay protection, so better safe than sorry) and then decide if keep or dump also.
NOw the question is.. it is smart to sell my damaged altcoins still with lost (since i bought during the summer ATH) and start accumulating BTC? when should i do it? will the altcoins have another rise like yesterday? will BTC still drop more ?
take in mind that last time, people began accumulating BTC as long as 3 weeks before the hardfork... so no much time left for a decision.
what do you think?

Yeah if there are any big exchanges that credit your account instantaneously i would defintiely go with them. Just don't store all your coins with them, do like half with them and half in your own wallet. Because when BCC came out it was sort of a similar scenario, on bittrex people could already sell their BCC for BTC but if you just held it in your address you couldn't.

Altcoins are probably going to suffer from the fork. But then, it's just a great time to buy.

naidray

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Quote from: Indrawan77 on October 30, 2017, 08:22:36 PM

I don't know man, people are getting bored with a lot of forking recently, most of them are only looking for free money, people not really support the coin, it is a good idea to keep some btc to gained the free money and hunt for the alt coin, usually near the forking the alt coin price will become unstable, three weeks is still a long way, all of the coin hasnt been affected by this forking and the traders still haven't taking any action

Honestly, more than bored already! It seems like every forked chain is pretty much like bullshit to me right now and it is best to just stick with the legacy coin. It started pissing me off the more when I heard there is even going to be a bitcoin silver fork by December. Is it not obvious some devs just want to be doing some hanky panky shit on the users.

But I believe this community must be enjoying these forks as we are all getting some free coins time to time on every forks. Then why we bother about getting bored.

Gaius Cryptus Tradius

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Quote from: rowenta01 on October 25, 2017, 04:50:48 AM

I think that in this period Bitcoincash can be a real bet. In my opinion, it risks to suck during the period before the fork.

So I'm going to try to get BCC, Bitcoin, and the rest in Altcoin.

Yeah I think BCH might be a real alternative as people see it as the closest thing to BTC

KuraJamban

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My strategi is im gonna hold my bitcoin untill hardfork the i will sell it and trade to boscoin or invest to universa, auctus

bitgolden

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Quote from: jack1111 on October 27, 2017, 04:37:21 PM

Not having Bitcoin now is a big mistake, people were cashing out into Bitcoin since 2 months, it can take different paths, you either know that Bitcoin will rise and alt will fall, then you can buy altcoins cheaper before every fork, or you want to get free coins from the fork, in both cases having Bitcoin is a must.

At this stage, it is just best to stay away from alts at the moment and see how everything will turn out eventually.

Although they are mostly still at their dips and may still be a good time to buy and buy more eventually, but I feel they would be worth it even more when they get pumped back which would pretty much give more profit than the forked chain would end up giving.

BTCMILLIONAIRE

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Quote from: ninobtcx on November 02, 2017, 06:33:56 AM

Quote from: BTCMILLIONAIRE on October 31, 2017, 09:39:45 AM

Quote from: ninobtcx on October 31, 2017, 08:06:40 AM

Quote from: CasseyAmber25 on October 25, 2017, 07:40:06 AM

I would buy more bitcoins...bitcoin will continue to rise because most of holders are hodlers. Plus, you will get ur segwit 2x. Token dumping might be a good idea but keep those whose devs have long term plans for their tokens..
Somecurrency analist also suggest people to sell their gold for bitcoins because they strongly believe that bitcoin is far more profitable.

That is really silly of them. Gold isn't a way to "profit", gold should be a method to preserve wealth against fiat money inflation. There is also a limited quantity of Bitcoin (as there is with gold), but being a digital currency which have been subject to sever fluctutations it is much more speculative than gold.... two completely different matters.

Gold isn't really limited though. Gold is constantly being mined, and it can also be produced in the lab. And while producing gold is too expensive to be worth it right now, we might very well end up with a scientific breakthrough that could change this.

That's actually a good point against gold vs bitcoin hah.. but overall there's no comparison about which one of the two is the best storage of wealth as only one of them has been around for thousands of years and is easy to carry and exchange. Let alone bitcoin fees which are prohibitive!

Bitcoin fees are tiny compared to Gold transaction fees. Or do you not value your time or effort of physically moving gold around?

Gold is definitely the safer option when it comes to storing wealth though, at least for now.

usmanov123

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Chikuntv

Well I don't have any fixed strategy, things can change pretty quickly. About BCC as I noticed there is a correlation between BTC and BCC price and when BTC moves BCC usually follows (and most alts go down drastically).
What I plan to do is diversify by market cap and left some usdt as well. Some low caps not really hurt by recent BTC action so its safe and some coins have their own games so I'm trying to play on the swings.
But yeah I agree that one of the best strategy is just hodl and do nothing, use time to study or just chill and do not overtrade/panic sell etc, all these kinda things. Good luck everyone

Topic: My strategy for the next hardfork SEGWIT2X - page 2. (Read 3447 times)