September 30th ETF decision + when to buy - page 3.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: goshay97 on September 02, 2018, 09:26:03 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.

The September 30 decision has a huge impact on how the investors and traders decide on their decision to sell or buy Bitcoin now and it seems panic selling is the one prevailing, so we'll see after the date who will win, I believe believers are the one who will eventually win even if the application is declined.

btcscal

newbie

Activity: 272

Merit: 0

I would make a point to avoid putting resources into any altcoin until the point when the ETF choice turns out to be clear. obviously, you can simply exchange the pumping coins that are getting pumped each day notwithstanding for as far back as 9 months of altcoin dumps however you need to discover them all alone and regularly.

EscapePlanETH

newbie

Activity: 48

Merit: 0

At such minutes it is smarter to separate your portfolio and likely stay keep 1/3 in bitcoin and a few alts while the rest be in fiat, once after the period have passed, if the ETF choice ends up positive you will have something, at any rate, to pick up from what you have purchased.

SuiMikira

member

Activity: 364

Merit: 10

I think early September is good point to buy. Do you have in your mind what altcoins to buy? Before the ETF decision at September 30th, the market will have strong fluctuations, you should keep your eyes at EOS, Ethereum and Bitcoin, fluctuation market is big chance to gain money.

Ssid

newbie

Activity: 67

Merit: 0

I think if we even get rejected, the price will not go even lower. This is already a bottom.
We can only see the price going up from now. I doubt that we would see it go any lower.

f12345

newbie

Activity: 90

Merit: 0

Most likely it will be rejected again but more ds coming up for sure.
Keep some dry powder for that

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: kimjenglot on September 06, 2018, 10:27:02 PM

actually, the big effect on this ETF is only the movement of bitcoin. when ETF reject bitcoin will go down and alltcoin will also go down. but when ETF are accept then bitcoin will rise, but not necessarily altcoin also rises

You don't have to expect that ETH effect that you are saying for bitcoin. With or without that, bitcoin will stay as it is. There will be a decrease factor if the ETH gets rejected but that's not the end of the world. If ever it will not be approved, you will see on how great bitcoin is by can stand alone even without those proposals that has been believed by most to create a bullish effect.

ekechie

newbie

Activity: 168

Merit: 0

I think it will be a good idea if you can divide the your capital into two and invest half into crypto currency now because the prices are good at the moment, then you wait for etf decision, then you can decide where to put the remaining.

kimjenglot

member

Activity: 364

Merit: 10

Quote from: dnsokoljuk on September 05, 2018, 04:09:22 PM

ETF decision can make a lot of surprizes. But we dont know which effect will have this decision - price will increase or falls again. Also we dont know what will be before this decision. Practice shows that all main moves happiens before.

actually, the big effect on this ETF is only the movement of bitcoin. when ETF reject bitcoin will go down and alltcoin will also go down. but when ETF are accept then bitcoin will rise, but not necessarily altcoin also rises

oneidentity

sr. member

Activity: 644

Merit: 250

Quote from: ethmylovee on September 06, 2018, 09:47:17 PM

Coinbase is trying to create a crypto ETF. This is probably the hottest news for bitcoin at this time. But I wonder why bitcoin goes down from $ 7400 to $ 6400 too fast. Is this the last drop to start uptrend? Once the ETF is complete

This news is certainly good and I'm also interested in why the market did not react to it. It's strange that the market reacts to negative rumors immediately, and does not react to positive news at all.

jefcasidy

jr. member

Activity: 168

Merit: 2

The ProFish online marketplace & tournaments

Quote from: goshay97 on September 02, 2018, 09:26:03 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.

I would advise you hold on to your bitcoin until after ETF decision, most of the traders have moved their altcoins into btc and stable coins, some have even cash out to fiat waiting for the decision, so it's a good idea for you to wait too.

ethmylovee

newbie

Activity: 75

Merit: 0

Coinbase is trying to create a crypto ETF. This is probably the hottest news for bitcoin at this time. But I wonder why bitcoin goes down from $ 7400 to $ 6400 too fast. Is this the last drop to start uptrend? Once the ETF is complete

canaveralnonie

full member

Activity: 518

Merit: 111

Dota2

I recommend to convert your bitcoin to ethereum, because the eth is too low at this time ( which is good to invest and have a high potential profit rate than others, add the firm foundation history of eth and its different uses around the crypto market ). But if you are not sure and undecided yet, just keep your 2 bitcoin. Facing the risk doesn't mean you always lose at the end, sometimes you need to... to be more better in the future.

losiva

member

Activity: 206

Merit: 11

Quote from: goshay97 on September 02, 2018, 09:26:03 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.

In my own opinion, I think you should convert and hold the money in a stable coins like USDT and wait for this whole market dream to end before you can make a major investment again.

Petr81

newbie

Activity: 44

Merit: 0

better wait for a solution, maybe if there is a negative then we will fall to the bottom

uniquark

sr. member

Activity: 533

Merit: 250

I think in the short term I can not put forward a request that the SEC requires, although there are a lot of organizations applying for the Bitcoin ETF fund, but most of them do not fit the industry pattern that the SEC accepts. And another thing I see is not going to be very volatile if the SEC accepts the ETF

SaepulMT

member

Activity: 699

Merit: 55

This must be decided by yourself, be sure of yourself, if you are still not sure I suggest to hold it until the ETF's decision is delivereda and there is no guarantee ETF has a positive impact too, or mid-October so that there is nothing to blame because everything is beautiful if you are self-confident however risky it will be

Sanderion

full member

Activity: 434

Merit: 100

https://eloncity.io/

Quote from: nl247 on September 06, 2018, 01:15:48 PM

Close to the end of September may actually be a good time to start considering to buy. Although I am still very sceptical with the ETF decision affecting the market if it turns out negative, but at least a positive one would be a good one for the market.

The best thing though is to just monitor the news and most especially monitor the trend and when a huge volume will hit the market. In that case, you will be sure not to miss the right time to buy.

In my opinion, news does not affect the market, as we used to think. Every day in the field of cryptocurrencies there are many events. But only when there are sharp price movements people start paying attention to news trying to explain the price movement. But in fact, news is extremely rare indeed affect the price of the asset.

xelamb

newbie

Activity: 47

Merit: 0

I think I should buy it now. Because the price of Bitcoin is very low and as of September 30th, there will be some fomo effect to increase the price of bitcoin. Buy it now and sell it before September 30

elrugrim

sr. member

Activity: 686

Merit: 251

There are no guarantee that upcoming ETF decision will be positive. SEC has time until the end of February 2019 to decide, which companies will be accepted to offer these kind of services. I hope to see the bull run after that, because I remember the same situation with the gold in the beginning of 90s. So, SEC is so powerful at this moment.

Topic: September 30th ETF decision + when to buy - page 3. (Read 1810 times)