Topic: should I move my BTC to ETH over 1 August? or hold? (Read 1299 times)
Fiat is your ONLY hedge if you think Bitcoin will loose value. If Bitcoin faills, other coins will loose value too.
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.
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. 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.
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.
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.
It feels that LTC has a higher chance of going in reverse than ETH if that happene
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.
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.
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.
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.
That will be a very good idea to follow without hesitation, cause that's on my mind too. 
Why is the advice not to keep bitcoin in exchanges at that date?
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.
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.
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.
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.
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
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.
HODL btc if you are looking long term nevermind about the split.
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.
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.
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.
I would convert to fiat before I would convert to ETH, at this point. At least fiat (euro in my case) will not crash.
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
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
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
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.
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.
HODL BTC. Ethereum will move down more than bitcoin.
You can split your funds to 3 parts:
1. Hold your Bitcoin
2. Sell to FIAT for your life
3. Sell to USDT for wating the price of Bitcoin and Etherum after 1st August will happens breakdown or not! Waiting signal to buying again
1. Hold your Bitcoin
2. Sell to FIAT for your life
3. Sell to USDT for wating the price of Bitcoin and Etherum after 1st August will happens breakdown or not! Waiting signal to buying again
Stay in Bitcoin, Ether will continue to drop for a bit..
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.
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.
Stay with bitcoin.
I think the first hold, 1 August is only a matter of less security, make sure all your bitcoin wallet security goes according to standard, because on that date very vulnerable bitcoin loss. Just make sure that your wallet security is really safe
I suggest to hold your bitcoin. Save all your bitcoins into your wallet and do not make any transactions. After that often read the news about bitcoin, if conditions have improved you can do the transaction. But if you want to move bitcoin to ethereum, it really does not matter because the price of ethereum is also going down. But I think it's better to keep hold bitcoin.
I suggest you sell it for fiat, after all situations are clear, but back again.
keep your btc for now
Oh no, don't move your BTC to Ethereum. Just hold on to them and if you can't take the prices or value if it's going down then just leave your bitcoin to your wallet. Just make sure you keep it secured and all.
You should hold your btc because when the value of bitcoin decreases heavily the value of altcoins also decreases significantly. So the better option would be to stick with what you have. But do not keep it in an exchange site as it would be very risky. Just keep them in a wallet whose private key you can keep safe. Generally speaking, keeping things with you is much safer than giving it to someone else for safeguarding it for you.
Keep them in BTC, take them off an exchange to hard or desktop or paper wallet.
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
I think stay in btc then rebuy ETH cheaper would be better, but who knows
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