My strategy for the next hardfork SEGWIT2X - page 3.

szesch

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Quote from: ArminH on November 02, 2017, 07:33:42 AM

Quote from: ChiNgadOr on October 25, 2017, 03:10:28 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?

Your tactic is common practice, but you already missed the sell opportunity.
I sold my alts during last peak and will buy back shortly before fork.
I will definitely sell all my B2X immediately, because they will plummet even more than BTG. There is no danger for your BTC when you sell your B2X.
For me (and many others), next fork is an attempted hostile takeover (see: 'hostile corporate takeover' on reddit).
It's the first time you can make more money with alts during fork, than with the fork itself.
I already increased my alts only by selling high and buying back low (can't say exactly, as I didn't buy back yet).
As I don't think you can make much money with the fork, I will even increase my altcoin portfolio shortly before fork.

More or less, I have the same tactic.
But I want to add BTC will decrease too after fork. Current hype is only due to fork.

ArminH

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Quote from: ChiNgadOr on October 25, 2017, 03:10:28 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?

Your tactic is common practice, but you already missed the sell opportunity.
I sold my alts during last peak and will buy back shortly before fork.
I will definitely sell all my B2X immediately, because they will plummet even more than BTG. There is no danger for your BTC when you sell your B2X.
For me (and many others), next fork is an attempted hostile takeover (see: 'hostile corporate takeover' on reddit).
It's the first time you can make more money with alts during fork, than with the fork itself.
I already increased my alts only by selling high and buying back low (can't say exactly, as I didn't buy back yet).
As I don't think you can make much money with the fork, I will even increase my altcoin portfolio shortly before fork.

bambambam

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Go all in with BCH and get rich after people realize it's the real bitcoin...

ninobtcx

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Quote from: BTCMILLIONAIRE on October 31, 2017, 08:39:45 AM

Quote from: ninobtcx on October 31, 2017, 07:06:40 AM

Quote from: CasseyAmber25 on October 25, 2017, 06:40:06 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!

swaptaker

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Quote from: Monnt on November 01, 2017, 02:11:14 PM

Quote from: SHITTRADINGDON on October 27, 2017, 04:17:05 PM

My strategy:

step1: Transfer BTC to an exchange that credits 2X immediately when the fork is happening. (Because you won´t be able to do transactions)
step2: Sell all of my 1X BTC for 2X
step3: Sell all of my 2X for BitcoinCash

Well, that is your own decisions and I really hope you do not end up coming back here crying cause that seems like the pretty worst decision anyone would ever make.

Support has dropped a whole lot for B2X and switcing to B2X and then to BCC qould only make you regret as the bullish trend comes after the 2X for BTC. However, like I said, the decision is yours and you can do whatever you like with your coin.

Interesting, I was gonna hold my BTC actually. But maybe I change my plan with the information coming from you folks. I can turn my BTC into USDT and then I can seek opportunities to buy them back with cheaper prices.

Monnt

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Quote from: SHITTRADINGDON on October 27, 2017, 04:17:05 PM

My strategy:

step1: Transfer BTC to an exchange that credits 2X immediately when the fork is happening. (Because you won´t be able to do transactions)
step2: Sell all of my 1X BTC for 2X
step3: Sell all of my 2X for BitcoinCash

Well, that is your own decisions and I really hope you do not end up coming back here crying cause that seems like the pretty worst decision anyone would ever make.

Support has dropped a whole lot for B2X and switcing to B2X and then to BCC qould only make you regret as the bullish trend comes after the 2X for BTC. However, like I said, the decision is yours and you can do whatever you like with your coin.

bhantom

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If it will be this same like previous the best option will be buy as many as possible altcoin when their price go down. It will be my move

BTCMILLIONAIRE

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Quote from: ninobtcx on October 31, 2017, 07:06:40 AM

Quote from: CasseyAmber25 on October 25, 2017, 06:40:06 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.

Subb0

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really it's going to go crazy but will even out in the end!

Yawn85

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The experience I get from last fork is that alt didn’t bounce much (about 10%) and BTC recovered within 2 days. Even there is a dump event after the fork in Nov. I doubt BTC will be decreasing value a lot, and it might take altcoins weeks to start grow gradually.

ninobtcx

sr. member

Activity: 418

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Quote from: CasseyAmber25 on October 25, 2017, 06:40:06 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.

Bitcoin2theEnd

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I would go 50% BTC and 50% altcoins if you actively research cryptocurrencies. I find holding all Bitcoin gets a little boring (although probably the best thing to do for low risk, high profit).

ChiNgadOr

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Quote from: BTCMILLIONAIRE on October 27, 2017, 03:22:53 PM

Quote from: ChiNgadOr on October 25, 2017, 03:10:28 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?

Which alts did you buy? If the picks are good I would just keep holding.

Already named them in another post, but here you got it again:
QTUM LINK IOTA XVG NEO PIVX XEM WAVES SNM BNB PAY LSK BTM SAFEX STRAT HVN STX XEL
MTL DNT MAID CND BTS LRC
AEON RAD SHIFT BAT PTOY ADX BAT FUN PLR HMQ NET UIS MBRS 808 SIGT XSPEC EOS SWIFT LBC VOX WINGS MNE OK POSW KMD FLO SYS MSP QRL HMQ CAT ONION IFT ARDR TKN SC UBQ SNT BQX POE EMB DAR BTA ELIX DRACO MDA ETN

maximum diversification XD

already few scams: EMBERCOIN, DRACO.. and seems SIGTNATUM and MINEREUM also suck...

Cnut237

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You shouldn't take bitcoin gold fork as being the same as Segwit2x. The two events are really not comparable, bitcoin gold was basically just another alt whereas segwit2x is a proper chain split.
With the btc gold split, basically no-one lost any faith in btc, everyone just viewed btc gold as a free airdropped alt. Segwit2x is different and could be really chaotic. We might see an alt dump like before bitcoin cash, or alternatively people might want to stay out of crypto altogether until everything settles down again after the fork. Really difficult to say. I think there will be a lot of different strategies in play.

fromholland

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Quote from: BTCMILLIONAIRE on October 27, 2017, 03:22:53 PM

Quote from: ChiNgadOr on October 25, 2017, 03:10:28 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?

Which alts did you buy? If the picks are good I would just keep holding.

What he said!

traderethereum

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Vave.com - Crypto Casino

Quote from: Freegan on October 30, 2017, 07:12:47 PM

Quote from: ChiNgadOr on October 25, 2017, 03:10:28 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 agree with your strategy because I plan to do something similar. Also, since I have distributed my bitcoins in different wallets, I plan to accumulate my coins in those wallets that offer to credit B2X. In this way there is nothing to lose, only easy and free earnings.

i think its not wise to sell all altcoin to just have btc in our wallet and expecting to get free new coins from btc but if you are fine with the lose of your altcoin then you can try it. and if you want to sell your altcoin, then you should sell before the segwit2x is coming or before two or three days before segwit2x. but for me, i don't want to sell my altcoin because i am sure that altcoin will back increase when the btc price is down, i can waiting until the altcoin price is increase again.

Dutchmanbaby

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Quote from: ChiNgadOr on October 25, 2017, 03:10:28 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'm thinking about doing the same but because my portfolio consists 70% of bitcoin i won't sell my altcoins at a loss, i will just keep holding them.
and like you said i also think that it B2X should be far more valuable than Bitcoin Gold (bad premine coin imo) , but i don't know if BTC will dump this time
or if B2X maybe becoming the dominant chain, snatching up cheap altcoins sounds really good but it wouldn't help me much if they just keep falling cuz of a
Bitcoin war, i'm worried about what's to come

Indrawan77

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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

Freegan

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Quote from: ChiNgadOr on October 25, 2017, 03:10:28 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 agree with your strategy because I plan to do something similar. Also, since I have distributed my bitcoins in different wallets, I plan to accumulate my coins in those wallets that offer to credit B2X. In this way there is nothing to lose, only easy and free earnings.

kmorman92

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Anyone knows what exchanges will duplicate the BTC to SEWIT2X?

Topic: My strategy for the next hardfork SEGWIT2X - page 3. (Read 3482 times)