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Topic: should I move my BTC to ETH over 1 August? or hold? (Read 1286 times)

newbie
Activity: 50
Merit: 0
Fiat is your ONLY hedge if you think Bitcoin will loose value. If Bitcoin faills, other coins will loose value too.
full member
Activity: 630
Merit: 100
This was a really Bed situation,  Now Bitcoin Brack its Support lavel,  And all of currency going to hell. I think When Currency Market Will Rise  Bitcoin Will help you to make profit. Do not Exchange those. Keep your wallet. and Wait for It.
full member
Activity: 209
Merit: 100
I just replied to a similar thread, I can understand the concern and fear that something big will happen and the price will drop big time but I really don't think it will, there is a lot of fear about.

i thought maybe I should move over to litecoin over this period but then decided not to as bitcoin is the way to go and whatever happens there is too much invested for bitcoin to fail.
To move over others like LTC by example,it does not seem like a good idea during that period,because if the price of BTC fall down all others will fall automatically,maybe the best option and more safe is to wait before doing anything.
sr. member
Activity: 420
Merit: 250
Get your funds in 50% bitcoin and 50% ethereum, safest strategy.

However, I don't personally think that BTC would go a lot down on 1st August, so don't at all convert all into ETH.

Bitcoin, as its nature, is a good one to invest and be safe in, but how about ethereum? I read the same things yesterday and I just can't figure out how you guys consider ethereum as a safe one. And you will put 50% of your funds in ethereum? Sounds extremely risky.
sr. member
Activity: 546
Merit: 250
It feels that LTC has a higher chance of going in reverse than ETH if that happene
legendary
Activity: 1862
Merit: 1505
Get your funds in 50% bitcoin and 50% ethereum, safest strategy.

However, I don't personally think that BTC would go a lot down on 1st August, so don't at all convert all into ETH.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
If you are holding bitcoin ,make sure that it is saved in your wallet where you have the private key rather than storing in exchanges or web wallets,it makes no sense in investing in ETH because the alt coin market will fall if the bitcoin prices go down and if there is a split you will have those coins too.
hero member
Activity: 663
Merit: 505
I think BTC or ETH doesn't matter, if BTC go down ETH will follow. I don't expect a difference between 2 currencies or Bitcoin and any alt at all. I don't think BTC will go down though. Maybe a little panic sell, after green lights. If everybody expect it to go down it won't go down. This is simple logic.
sr. member
Activity: 588
Merit: 251
That will be a very good idea to follow without hesitation, cause that's on my mind too. Wink
sr. member
Activity: 451
Merit: 250
Why is the advice not to keep bitcoin in exchanges at that date?
full member
Activity: 139
Merit: 100
If you are on doubt then do both, hold bitcoin while at the same time some extras are move into ETH.

No matter how many here will tell you to stay on bitcoin, still it will doesn't erase your doubt as obviously no one knows what will happen. If you believe that bitcoin will have a much more price increase in the future then go with hold. If you think that big crash will happen then move to ETH which is now declining in price too. Analyzed and decide.

Moving into ETH is much more risky to me. We still don't know what's gonna happen to hyped ether prices. In case of collapse, ether will collapse much more than bitcoin.
legendary
Activity: 2436
Merit: 1008
If you are on doubt then do both, hold bitcoin while at the same time some extras are move into ETH.

No matter how many here will tell you to stay on bitcoin, still it will doesn't erase your doubt as obviously no one knows what will happen. If you believe that bitcoin will have a much more price increase in the future then go with hold. If you think that big crash will happen then move to ETH which is now declining in price too. Analyzed and decide.
newbie
Activity: 37
Merit: 0
Usually when btc falls, alts will fall more, and ETH already is in a downtrend.

I think stay in btc then rebuy ETH cheaper would be better, but who knows

In the short term, the ETH could be a good heaven if the USAF gets some momentum.
full member
Activity: 471
Merit: 102
HODL btc if you are looking long term nevermind about the split.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
keep holding as mention by previous replies as we knew that whatever happen this coming aug 1 will still favor btc if there's a downfall happen just wait
and it will bounce back bitcoin already proven his support so why bother to go with alts which still relying with the value from bitcoin.
hero member
Activity: 2380
Merit: 916
fly or die
BTC is holding much better than ETH.

I would convert to fiat before I would convert to ETH, at this point. At least fiat (euro in my case) will not crash.
legendary
Activity: 2030
Merit: 1028
Buying ETH will be great since many people start selling bitcoin mostly because of panic sell against 1 Aug
Just make sure that your ETH wallet are secure enough until 1 Aug is coming. I'm decide to convert my bits into ETH about 50% portion
full member
Activity: 238
Merit: 100
i will advice you to keep it for now. there is no guarantee will take over the market with the proposed bitcoin dump in August. Keep it
sr. member
Activity: 910
Merit: 255
There is no answer for this question. Nobody knows.
I prefered to jump to altcoins instead of bitcoin. I ll stay in 90% Waves+ETC.
If you prefer to keep your btcs, just dont keep them in exchanges.
sr. member
Activity: 686
Merit: 259
HODL BTC. Ethereum will move down more than bitcoin.
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