Topic: Should I Invest On Bitcoin Before Upcoming Hard Fork? - page 3. (Read 1388 times)
I think this all depends on what your strategy is. Are you looking for long term or short term gains? Yes just now price is still high but if bitcoin stays on trend then the price will only increase. The recent rise could have something to do with fork people trading alts to bitcoin to capitalise on bitcoin gold.
BTC value will move undoubtedly. But beside this, you will also get equivalent amount of the forked coins - in this case BTG - that you own at the moment of fork. They will have some value but no one can tell yet how much at this point.
you shouldn't really ask financial advice on a forum like this.
instead go to bitcoin.org, and other resources and start reading up on bitcoin. read the bitcoin white paper and try to understand what bitcoin is. read up on bitcoin's supply and how it is supposed to be distributed.
it is going to be a journey of learning but when you get more familiar with bitcoin you either find it useful and with a lot of potential (like me) and start buying it without paying much attention to short term drama. or you don't like it and stay away.
instead go to bitcoin.org, and other resources and start reading up on bitcoin. read the bitcoin white paper and try to understand what bitcoin is. read up on bitcoin's supply and how it is supposed to be distributed.
it is going to be a journey of learning but when you get more familiar with bitcoin you either find it useful and with a lot of potential (like me) and start buying it without paying much attention to short term drama. or you don't like it and stay away.
Suppose that before coming hard fork rate of Bitcoin will up unnaturally
some time latter the rate will get more stable
some time latter the rate will get more stable
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
That was weird you just broke the essence of trading. Why would you sell if the price is low, that was considered as a panic selling and would constitute to lower value when most people do the same. Just remember always buy when the price is low and sell when it is high.
Upcoming fork might be successful and may result to higher price. Most users are buying more coins to have more BTG once the fork happens.
The fall from yesterday maybe from the panic selling from many users and many have think that bitcoin will sure gonna drop, I was bothered from the dip yesterday but did not sell or convert my bitcoin because I know that we still have plenty more days for bitcoin price to still spike up! that is why I just close my wallet and hope that tomorrow the value would be back and it did!
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
That was weird you just broke the essence of trading. Why would you sell if the price is low, that was considered as a panic selling and would constitute to lower value when most people do the same. Just remember always buy when the price is low and sell when it is high.
Upcoming fork might be successful and may result to higher price. Most users are buying more coins to have more BTG once the fork happens.
It will become clear once that happens, now people are just speculating and spreading rumors about hardfork and segwit2x that will happen. Some people say BTC will be more expensive before hardfork, and some people say nothing will happen. If you want to take a risk this might be good, but who knows? I would prefer to say that your question is similar when BTC first appeared "will you invest your money there?"
If you already get profit, I think it would be nice if you invest a little money from your profit.
If you already get profit, I think it would be nice if you invest a little money from your profit.
Every Bitcoin forks values are very high also as Bitcoin Cash does so whatever Bitcoin's hard fork is created it is a good idea to invest because the core itself of the mother of all digital currencies - the Bitcoin is leading as the main high valued blockchain technology.
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
There is still chance for some rise in bitcoin price like it can go over $6k for very short time before hard fork but you should sell what you will buy at current price before fork. Price of both bitcoin and bitcoin gold might dump hard after fork. 
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
Don't mind hark fork literally when you want to go in.
If you really want to invest, then go just invest. Risky as it is? Yes. No one knows what will happen with bitcoin price in the future but the risk is worth to give a shot. We have reasons to become optimistic that investing in bitcoin even with the current buying price rate today will give decent profit in the future.
If you still can't afford and you have doubt then I suggest refrain for now from buying. Just don't regret when price starts to go on crazy pump again.
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork?
To be honest, only time can tell whether Bitcoin can go up or down as the hard fork becomes imminent. Now, based on the last fork it tend to go up as the time is nearing all because all the FUDS were already discounted and got rendered to be worthless by the market. I am not sure but maybe the same thing can happen. So if I were you since you got the money you better buy some Bitcoin before the fork so you can also be given BitcoinGold.
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
Bitcoin prices are very volatile this time, though I don't get it why you had to sell it so fast. You could have hold it and it would have gone up only. I believe that the fork is only viewed for free coins, but I don't believe it will effect Bitcoins much. I expect Bitcoins to be stable and grow up only. Maybe the segwit2x may disrupt it, otherwise I don't think it will be pulled down. You should have patience, rather than just sell them.
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
Before Bitcoin hardfork i think the price will be up because users expect to get BitcoinGold from hardforkthey hope to make profit from Bitcoin Hardfork like the free BitcoinCash incident and after hardfork I think the price will go down
it will go up and down for the following days until the fork. i still don't believe the current rise has anything to do with BTG fork. which is why i say the fork itself won't affect bitcoin price either.
last day's drop was just a shakeout to clean the market from weaker hands.
there is still the risk of some drop although there is no indication of it yet.
last day's drop was just a shakeout to clean the market from weaker hands.
there is still the risk of some drop although there is no indication of it yet.
I think those who wants to get those free bitcoin gold are still in the market and only a few has been shaken and get out before loosing their investment. But yes, I more inclined to say that after the fork we may see another price drop when people dump and go back to altcoins trading.
actually i was talking about other reasons that will come up in the future not because of bitcoin gold. i believe any drop caused by bitcoin gold is going to be minimal.
i am pointing to the SegWit2x fork in November which will start its drama soon after the BTG fork. and there is a good chance that the drop because of it becomes big. possible back to $4k level until it is resolved.
Yes, tou probably should invest on bitcoin before the fork. For the record, I want to tip you on the buying point. Try to buy at 5000 usd and surely you will profit a lot after the fork and profit on btg itself.
Probably yes.
Everybody invest on bitcoin now. People sold their altcoins and bought bitcoin. You will see some bitcoin gold in your wallet after hard fork
Everybody invest on bitcoin now. People sold their altcoins and bought bitcoin. You will see some bitcoin gold in your wallet after hard fork
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
We may still see some roller coaster ride of the price before and after the fork. We say that most are buying because of the free money but there's still a lot of uncertainly for most investors as evident of yesterday correction. That's why its better to really hodl your coins for now.
it will go up and down for the following days until the fork. i still don't believe the current rise has anything to do with BTG fork. which is why i say the fork itself won't affect bitcoin price either.
last day's drop was just a shakeout to clean the market from weaker hands.
there is still the risk of some drop although there is no indication of it yet.
last day's drop was just a shakeout to clean the market from weaker hands.
there is still the risk of some drop although there is no indication of it yet.
I think those who wants to get those free bitcoin gold are still in the market and only a few has been shaken and get out before loosing their investment. But yes, I more inclined to say that after the fork we may see another price drop when people dump and go back to altcoins trading.
Yes probably sound a bit like a broken record, and I do t always take my own advice but many answer is yes absolutely you should invest- regardless of what is happening with forks and at network changes. Yes, invest with confidence and hang on because in a short time you will profit no doubt.
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
i thinking depends on the hard fork will be smooth or even there is a little problem, if the hard fork is smooth then it could be continue to crawl up the value, but otherwise if there is a bit of trouble it will decrease the value of bitcoin. I think if you have better capital you save bitcoin first wait for its value to rise again 
Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
it seems that people have bought bitcoin in preparation before hardfork happens, because it seems they sure will get bitcoin gold. And in my opinion, there will be a price drop in bitcoin after hardfork, as it seems there will be many people selling bitcoins for double profit. if you want to get bitcoin gold, please buy bitcoin from now. buy or not is your decision, do not be too trust in the decision of others.
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