Should I sell right after the nearest fork?

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: ahmedjamal1998 on November 01, 2017, 06:14:55 PM

Well the price of bitcoins is one of the things which make no sense to me. Most of the time, whatever I expect, the exact opposite happens.
When the bitcoin cash hard fork happened, the price almost went down in the mid of July but as the date of Aug 1 became nearer everyone bought back in. So we can't say that BCH made the price go anywhere before the fork.

It was only after the fork that we saw it move up from the range of $2700 to $4300 !

If I try to somehow understand or imply the same scenario, it doesn't work. Price is going up before the fork.
PLUS why are more people buying ? The fork is no longer the motive. It's over. Will it continue to go up Huh

My expectations (which are usually wrong Cheesy

) are that it might crash in late November.

Bitcoin is a kind of bipolar coin, when everything is fine then things are great but when things are bad then everything is in hell, that is why while I try to predict what it is going to happen I do not put any money behind it since I have realized that I would have lost a lot of money if I followed my intuition so I just hold and accept the ups and downs of the market.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

if you want to make profit at the price now then you can sell it while the price is in the high price. but if you are waiting the next higher price then maybe you can wait until the fork is finished because I think the price will be back to increase and maybe it will increase more higher than before. you need to thinking about how much profit do you want to take and I hope that you are not too greedy to expecting the higher profit because the bitcoin price is too volatile and we do not know what will happen in the next hours.

sofi@

full member

Activity: 238

Merit: 108

I suggest you keep track on the price of bitcoin a week before the expected hard fork if you see a continuous drop on the price of bitcoin on the first three days you can sell them so you can avoid the lost for your bitcoins but if you don't need your money right away better sit back and relax because if ever the value of bitcoin suddenly crashed I'm sure a week after it will pump again and recover the loss, if I were you I just wait for the drop and then buy bitcoin to hold.

Bittoshi

full member

Activity: 280

Merit: 100

If everybody thinks the same (sell right after the fork) the price will drop a lot but if most people hodl, price will not drop so much. No one knows exactly what will happen after the fork. Personally, I would either sell before the fork (as long as prices are high) and forgot the free coins of the new fork or just hodl and sit it out until prices raise again. But to sell right after the fork will most probably the worst decision.

dobladi

full member

Activity: 345

Merit: 100

Quote from: yanov10 on November 01, 2017, 03:54:01 PM

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

I think that would be a good idea to hold through the fork and to sell after it if you are already satisfied with the value and do again invest when the value fall. But it would be a better idea if you will sell only half of it since the price of Bitcoin is continuously rising and no onr knows until how much will it stop rising. At the end it will still depend on your decision.

adsdas

sr. member

Activity: 337

Merit: 250

https://streamies.io/

Ok, that a good idea. If I were you, I will sell BTC now and buy altcoins. After the fork, I will buy BTC again with low price.

ankurguta87

full member

Activity: 364

Merit: 117

Price of BTC will surely drop after the fork. Ppl are investing to get double coins like BCH and BTG. Alts are waiting for fork to boost.

Singwala

sr. member

Activity: 462

Merit: 260

It depends on what you know Where to believe We see today the bitcoins price is so frightening and horrible that any time it may have fallen. But what is the reason? I think it's because of Panic selling so if you believe in false news you are the one who drops the price of bitcoins.

And I'm sure you'll be left with the rise of the bitcoins price. So if I'm upset I will not sell the bitcoin I hold now because I'm sure At the right time I have a good deal here

TUs77777

member

Activity: 97

Merit: 10

I think it's worth to go into USDT and observe the situation on the market

loragean03

full member

Activity: 403

Merit: 100

No you don't, I think after the fork bitcoin will drop but not deeply it should, so hold on your bitcoin and don't sell it, because the big impact is soon to come, I guest after the fork bitcoin pump/raise more times before the year end. nothing to worries about the event (dumpaton) after the fork because bitcoin price is not falling after that.

jilani

full member

Activity: 244

Merit: 100

Quote from: LodisMcguire on November 07, 2017, 01:03:20 AM

Well now the price bitcoin is falling,if you want to sell i think it should be before the fork
Usually after the fork,people will start buying alt again and make bitcoin price drop

You guess rightly after fork btc will be fall down but alt coin will be more pump after 15 November i think.
Alt coin market something up & in this end of the month big pumping.

Baby Gold

newbie

Activity: 5

Merit: 0

i use exchanger wallet can i get this fork or upcoming fork ? when it will be happen?

jilani

full member

Activity: 244

Merit: 100

Quote from: yanov10 on November 01, 2017, 03:54:01 PM

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

I think now very right time for selling your BTC. BTC fall down i check https://coinmarketcap.com
There are no possibility to again suddenly raised BTC.
I think you should buy alt coin for profit.

LodisMcguire

sr. member

Activity: 546

Merit: 261

Well now the price bitcoin is falling,if you want to sell i think it should be before the fork
Usually after the fork,people will start buying alt again and make bitcoin price drop

jc89

sr. member

Activity: 364

Merit: 250

Quote from: yanov10 on November 01, 2017, 03:54:01 PM

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

If most btc holders think like you and decide to sell all their btc after the fork then most probably the price will drop fast. But I doubt it to happen because lots of investors here are hodlers. Besides, after the BCH fork last August, instead of dropping the price surged and reached an ath. And if you want to sell your coins after the fork it is all up to you. Just remember that never sell just to cut off losses and never panic if the price will dip after the fork.

jaberwock

legendary

Activity: 2772

Merit: 1127

Why not sell before, if you are sure it will fall?

N@p$t3r

member

Activity: 99

Merit: 10

Quote from: yanov10 on November 01, 2017, 03:54:01 PM

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

Si senior. You may consider selling your BTC after the fork and then buy on dip. Your only problem is how to identify the bottom of the dip. Good luck to you, pendejo.

ibininja

member

Activity: 490

Merit: 10

it depends I think on your goal here. did you have bitcoins to HODL or make exchanges? bitcoin is not going anywhere anytime soon. if anything wrong to happen you will know about it.

kaizerblitz

full member

Activity: 504

Merit: 105

It's depends to you when you needs money if i your situation i rather wait it after forks bitcoin can fly it to the moon.

coin_1122

full member

Activity: 1134

Merit: 102

Quote from: pat4cryptoreal on November 06, 2017, 11:59:29 PM

There is no right or wrong time of selling your coin. We were all thinking that bitcoin will fall because of the fork but we now realized that the price keep on going higher and higher even during and after the fork.

We have seen before the two fork the price of Bitcoin is kept increasing in the market. So i think instead of selling the Bitcoin hold it for long because the price will increase more in coming days.

Topic: Should I sell right after the nearest fork? (Read 792 times)