Topic: Should I sell my altcoin for btc for upcoming fork? (Read 254 times)
I will not care about forks and sell my altcoins wait in bitcoin anymore. Because there are good buy opportunities just before the forks to buy altcoins for very cheap prices. And i can make better profit than that fork coin they will give to me.
For me! I think you still hold your altcoin because if after forks, Price of BTC grown up! You can get profit but
If wrong, you will lose quite a lot! In general, every decision of your choice!
holding it is a better way having altcoin are more better it may have the possibility of that it may rise in the near future and in fact altcoin are much better to trade for so if you have some altcoin that are ahving some potential for hold it then if you are able to trade it then it may be a good idea also. If wrong, you will lose quite a lot! In general, every decision of your choice!
Depending on which altcoin do you have and whether they can get you good return in future.If the alts that you have can provide you good return than why you want to sell it for bitcoin.I don't think that is a wise decision as if your trade is dependent on fork than it is way to risky.Fork can help other alts to rise too.But if you have alts which you think that are not for long term than you can sell them now and buy BTC as it will going to pump atleast till end of January and you have a great chance to get a good return.So make wise decision and calculate all the possible things that can happen and than react to it. Best of Luck.
Bitcoin forked yesterday how i know, before this time fork price not going up quickly. And i think this fork not be success how cash
If I were you, basically I wont prefer to sell the altcoin because we really dont know that the value will be succesfull at this very moment, both are okay so just maintain it.
Most people are doing the same things, sell altcoin and get bitcoin fork. If you feel that are worth and the return are more then your altcoin, you can do so. For me I won't do that, it because no worth at all.
Before bitcoin fork the bitcoin price will getting higher and higher, you buy the bitcoin at the highest price.
Before bitcoin fork the bitcoin price will getting higher and higher, you buy the bitcoin at the highest price.
I have an altcoin that im thinking about selling solely to get some of the forked coin segwit2. From checking online, its around 600 dollars for it. Are people doing this or not? Thus selling their altcoin for btc just so they get more segwit2?
Im thinking what about this. You sell it for btc and you get it. Then after the fork, you immediately buy back the altcoin you had.
Thoughts on this?
Im thinking what about this. You sell it for btc and you get it. Then after the fork, you immediately buy back the altcoin you had.
Thoughts on this?
nope. I wouldn't sell it. I did it last time and profit was less than what I could've made if had stuck with alts. BCH fork was only decent fork that made me money.
You can do this but you can't control the level of risk, you should know that when the market fluctuates all the transactions are blocked due to increased trading volume. That may take about 1-4 days to confirm the transaction.
I would never venture for the immediate benefit, if I had decided to invest in a certain project I would hold a long term
I would never venture for the immediate benefit, if I had decided to invest in a certain project I would hold a long term
I have an altcoin that im thinking about selling solely to get some of the forked coin segwit2. From checking online, its around 600 dollars for it. Are people doing this or not? Thus selling their altcoin for btc just so they get more segwit2?
Im thinking what about this. You sell it for btc and you get it. Then after the fork, you immediately buy back the altcoin you had.
Thoughts on this?
Well as you see, now it dumps very hard even on some little exchange. Im thinking what about this. You sell it for btc and you get it. Then after the fork, you immediately buy back the altcoin you had.
Thoughts on this?
For me! I think you still hold your altcoin because if after forks, Price of BTC grown up! You can get profit but
If wrong, you will lose quite a lot! In general, every decision of your choice!
If wrong, you will lose quite a lot! In general, every decision of your choice!
I don't think it's necessary. If altcoin had a bigger gain, it would yield more than the fork.
Was anyone able to get their segwit fork coin? If so, what exchange or wallet did you use? I heard hitbtc and binance gave users forked coins. Did those users get any?
It's like gambling, noone knows. But according to previous forks, odds are that this fork might be profitable as well.
I have an altcoin that im thinking about selling solely to get some of the forked coin segwit2. From checking online, its around 600 dollars for it. Are people doing this or not? Thus selling their altcoin for btc just so they get more segwit2?
Im thinking what about this. You sell it for btc and you get it. Then after the fork, you immediately buy back the altcoin you had.
Thoughts on this?
Im thinking what about this. You sell it for btc and you get it. Then after the fork, you immediately buy back the altcoin you had.
Thoughts on this?
If you are interest to have free coin from fork so buy bitcoin now is good option.
Now bitcoin price is not really high so time to buy and get free coin.
I wouldnt keep my breath as segwit2x is a scam fork and not the same one that miners agreed up on at the new york agreement and doubt it will have any value.As you can see with the price action btc was going up until things arround the fork came out and people started realising that its just another useles coin
This seems to be the general consensus and a lot of people seem to have made good profit from it. Plus, if this pullout from the alcoin market causes prices to go down then you get back in cheaper than what you initially had and you've come out on top from all angles.
I have an altcoin that im thinking about selling solely to get some of the forked coin segwit2. From checking online, its around 600 dollars for it. Are people doing this or not? Thus selling their altcoin for btc just so they get more segwit2?
Im thinking what about this. You sell it for btc and you get it. Then after the fork, you immediately buy back the altcoin you had.
Thoughts on this?
Im thinking what about this. You sell it for btc and you get it. Then after the fork, you immediately buy back the altcoin you had.
Thoughts on this?
A lot of people are really doing this. They are selling their altcoins and shift to Bitcoin simply to be able to qualify for the free give-away coins after the split is fully implemented. Some are even doing cut loss just so their Bitcoin holdings will increase, hoping to get a bigger slice of the free coins. Thus the usual pump of the coins before a split is done. In any case, however, it is important to weigh in the risks and probable profit.
Segwitx2 fork was a total crap, a lot of people were thinking that this fork was going to be one of the most biggest ones, but it wasn't, there was a lot of FOMO about this fork and it ended up being a total crap
So, fork Segwit2X has taken place and tokens are charged, and I think now we will go down to try the third time to break through the level of 13k $.
I sold my altcoins for bitcoin before hardfork. I'm not sure that this was the best idea. I hope Bitrix and Binance will send b2x
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