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Topic: September 30th ETF decision + when to buy (Read 1824 times)

jr. member
Activity: 168
Merit: 1
September 24, 2018, 05:27:29 AM
I would in your place just wait for the decision of the commission and only then would I make any deals
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
September 24, 2018, 05:26:30 AM
It is kind of ironic that the original cryptocurrency that is completely built on the idea of being a decentralised currency beyond the control of any government or authority,  has its future value completely dependant on the decision of whether a government regulator will allow it be held in a centralised and regulated fund.
member
Activity: 598
Merit: 10
September 24, 2018, 05:24:26 AM
I think that on September 30 ETF will not be accepted (again) and the price of bitcoin will fall again, so buy altcoins now. imho
If the ETF is rejected again, I think the price of Bitcoin will fall because someone is panic selling, but I suggest not to make sell panic. Because the ETF is rejected it will not affect the price of Bitcoin for the future. Bitcoin will continue to move without rules from anyone. bitcoin is designed to be anonymous. because the person who created Bitcoin also no one knows its whereabouts.
hero member
Activity: 1120
Merit: 502
September 24, 2018, 05:20:35 AM
It is very unlikely that ETFs will be accepted on September 30th due to the very poor market conditions that have surrounded the ETF decisions in the past. The SEC don't want to approve anything that can be so extremely volatile as they are not looking to suffer the burden of causing so many people to enter a market where they could possibly lose their money. The volatility issue must be resolved before a BTC ETF will be approved IMO.
sr. member
Activity: 1092
Merit: 250
September 24, 2018, 05:12:27 AM
somehow later on September 30th, everyone is waiting for the news.
if there are many who have 99% approve why is there no good movement? there should be a good movement of the coin
full member
Activity: 294
Merit: 100
September 24, 2018, 05:11:16 AM
I think that on September 30 ETF will not be accepted (again) and the price of bitcoin will fall again, so buy altcoins now. imho
full member
Activity: 854
Merit: 101
September 24, 2018, 05:10:30 AM
I think good idea is sell all coins on 29 of september first while waiting for decision of Bitcoin ETF, and then incase Bitcoin ETF will be approved we can buy back all coins. But if denied we can avoid loss because big probability the price will going down, and waiting for others deepest to buy back because in the long term Bitcoin still has potential to bullish.

This is not a good advice. selling all coins before the decision is a bad way to do.
What if the decision is positive, you can't buy back again.
You will be left with out any coins on your wallet while the rocket is going high.
sr. member
Activity: 588
Merit: 250
September 24, 2018, 05:08:20 AM
I have 2 Bitcoin and know we have great prices right now (even though we are over 7k) and I would like to buy into my favorite Alt coin however I'm nervous there will be some sort of drama  surrounding the September 30th decision regarding the ETF.

How would you guys buy in?  All in now?  Half now half later?  I'm stuck and not sure how to proceed. 

I am not affected by anything, including ETF, WTF, WWF or whatever.
I believe that Bitcoin will raise the price when many people buy it, I'm a Bitcoin holder from the price of 1000 USD. LOL
full member
Activity: 378
Merit: 100
September 16, 2018, 07:26:49 AM
I think good idea is sell all coins on 29 of september first while waiting for decision of Bitcoin ETF, and then incase Bitcoin ETF will be approved we can buy back all coins. But if denied we can avoid loss because big probability the price will going down, and waiting for others deepest to buy back because in the long term Bitcoin still has potential to bullish.
The second scenario is more likely, as there is an opinion that the decision to approve the ETF will be postponed to January next year, after which the market will get another fall  Embarrassed
newbie
Activity: 74
Merit: 0
September 14, 2018, 01:48:01 PM
The decision on the contracts for bitcoins can be made at any time. No one can say the best time to invest
hero member
Activity: 888
Merit: 500
September 14, 2018, 01:46:37 PM
Look at Bitcoin to learn, many funds want to ETF for it but all are rejected. And why buy ETH when it can exploit forever, it is not like Bitcoin
member
Activity: 392
Merit: 14
September 14, 2018, 05:06:57 AM
I have 2 Bitcoin and know we have great prices right now (even though we are over 7k) and I would like to buy into my favorite Alt coin however I'm nervous there will be some sort of drama  surrounding the September 30th decision regarding the ETF.

How would you guys buy in?  All in now?  Half now half later?  I'm stuck and not sure how to proceed. 
I guess the ETF on September 30 is likely to reject Bitcoin again, so don't pin your bullish hopes on the ETF. We should see Bitcoin's development in the future world, although Bitcoin is not may become a universal payment currency, but it has a good stored value function.As long as we can see this clearly, I don’t think we have to worry about the outcome of the ETF.
jr. member
Activity: 252
Merit: 1
September 14, 2018, 05:03:00 AM
just keep it. if you really want to trade, you can buy now.
newbie
Activity: 154
Merit: 0
September 14, 2018, 03:57:28 AM
I would wait for a solution. because they can make a negative verdict and the market will fall again lower.
member
Activity: 322
Merit: 10
https://www.udap.io/ - Tokenize Everything
September 12, 2018, 02:50:21 PM
I have 2 Bitcoin and know we have great prices right now (even though we are over 7k) and I would like to buy into my favorite Alt coin however I'm nervous there will be some sort of drama  surrounding the September 30th decision regarding the ETF.

How would you guys buy in?  All in now?  Half now half later?  I'm stuck and not sure how to proceed. 

if I were in your place, I would sell a half and hold money in USD and EUR. At another downfall of BTC (guess, it'll fall by $500-700) I'd purchase it again or buy some promising coins such as Cardano neo nex qkc vechain, etc
member
Activity: 336
Merit: 12
September 12, 2018, 10:04:10 AM
I have 2 Bitcoin and know we have great prices right now (even though we are over 7k) and I would like to buy into my favorite Alt coin however I'm nervous there will be some sort of drama  surrounding the September 30th decision regarding the ETF.

How would you guys buy in?  All in now?  Half now half later?  I'm stuck and not sure how to proceed. 

If I were you, I wouldn't change anything. You can't say for sure, where BTC and altcoins will go. BTC has fallen less than altcoins cause it's still a king, and it's more stable. What's the point in looking for options, if you've already got a wonderful one?
full member
Activity: 868
Merit: 185
Roobet supporter and player!
September 09, 2018, 08:05:45 PM
I have 2 Bitcoin and know we have great prices right now (even though we are over 7k) and I would like to buy into my favorite Alt coin however I'm nervous there will be some sort of drama  surrounding the September 30th decision regarding the ETF.

How would you guys buy in?  All in now?  Half now half later?  I'm stuck and not sure how to proceed. 
There are two things that will happen, first is the goodnews about ETF where bitcoin and all cryptocurrencies will jump so high or the badnews that will breakdown the trendline. I know that it is good to hold for today but I guess when the news comes in, we must be aware so that we can react easily in market movement.
full member
Activity: 330
Merit: 101
Hi I'm KS03
September 09, 2018, 08:02:36 PM
After thinking about this subject and seeing this huge turn down we have had the past few days I get the vibe the ETF will be approved and this is the final shake out.  If I'm wrong I will simply drink this entire winter and check back in February to see if they approve then.  I'm all in on this last dip.  I also bought enough alcohol to last the winter so my bet is hedged.  Bring it whales/bankers. You tank it I get to drink for half a year.  Your raise it I get rich.  Make your play sucker.  
member
Activity: 744
Merit: 10
Syntrum.com
September 09, 2018, 07:02:08 PM
It's not easy to make a decision when all coin prices go down, but if I have as much money as you have, of course, I will buy Bitcoin. I am waiting for the results on 30 September.if the ETF is approved it is likely that the price of Bitcoin will rise and the price increase will be followed by other coins
member
Activity: 406
Merit: 11
Until the end of time
September 09, 2018, 06:36:36 PM
For now crypto market is not stable at all, If I have such an amount now, I will sell it off and cash out the money into fiat and wait for the space to normalize or recover before re-investing the money again, the current market condition is just unpredictable and no one actually knows what will happen.
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