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Topic: Should I sell right after the nearest fork? - page 3. (Read 792 times)

sr. member
Activity: 392
Merit: 257
November 01, 2017, 04:20:07 PM
#11
Bitcoins are steadily increasing and crossing new heights and who knows that bitcoins would fall or rise right after the fork so its better to wait and keep an eye in the market.And i would recommend to hold the bitcoins as holding generally always is a good idea when you are not sure what to do and holding might cause you to earn profits in future.
full member
Activity: 350
Merit: 106
Telegram Moderator, Hire me
November 01, 2017, 04:16:17 PM
#10
Its better to wait when the btc go up, because selling your btc at low price is a bad investment, for me I just keep my btc until the btc reached its highest rate then I will sell it so that it makes big profit for me.
hero member
Activity: 3080
Merit: 603
November 01, 2017, 04:13:25 PM
#9
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

Why you want to sell after the fork because of your speculation that price will go down? It may go down but bitcoin is never failing us during forks. Have you been with other forks before? Look on what happened after those forks, there are some correction but later on the price did pumped rapidly. And besides don't you know that holding bitcoin for a long term basis is the best thing that you can do with your btc?
legendary
Activity: 1848
Merit: 1000
November 01, 2017, 04:10:05 PM
#8
If you just want the free money then sell as soon as it is available for trading, with bitcoin cash the price was quite high when it was trading on Bittrex straight away but with bitcoin gold I think it hasn't done the same thing. 

If you do end up selling make sure that you move all your bitcoin to another address which you own before using your private keys anyway, there will be a lot of scam attempts out there looking to steal people's keys.

I am aware that there is a trend for people to dump their alts for bitcoin in these times, I'd like to think that now is the perfect time to pick up some cheap alts.
sr. member
Activity: 518
Merit: 268
November 01, 2017, 04:08:53 PM
#7
I have no idea what will happen to the price after the fork.
Best case would be, like it did with Bitcoin cash, no price drop but an extra coin that has a decent value.
I think it's a gamble, whether to sell or not sell after the fork.
drm
legendary
Activity: 1176
Merit: 1005
November 01, 2017, 04:06:00 PM
#6
I'm thinking BTC will be going up nearing the fork and go down again after the fork, just like with the other forks.
legendary
Activity: 2716
Merit: 1383
November 01, 2017, 04:02:59 PM
#5
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
It depends entirely on what you want to do, if you want to obtain short term profits then it makes sense to sell after the fork and be happy with your profits, but if what you want is to obtain the most profits you can out of bitcoin then I think that selling at this point in time is a bad call, bitcoin has not reached major adoption yet so selling when the price is this low does not seem like a good idea to me.
newbie
Activity: 55
Merit: 0
November 01, 2017, 04:01:51 PM
#4
It may not be wise to just arbitrarily conclude that the price of Bitcoin will drop right after the fork...it may or it may not.  If it did drop significantly, I would certainly not sell but try to buy some more.  I believe dips are buying opportunities.
naf
member
Activity: 83
Merit: 12
November 01, 2017, 03:58:42 PM
#3
The BTC price may or may not fall after the fork. Most important is whether this fork is going to have replay protection. Otherwise, you may end giving away BT2X when selling BTC after the fork..
hero member
Activity: 784
Merit: 1000
November 01, 2017, 03:55:55 PM
#2
I sort of want to know the same thing.  It sounds like the Wallet I am using(Coinbase) is going to give 2x the coin.  So when the fork happens they will give you what you currently have in BTC, and also give you BTCx2.  Ex:  If I have 5BTC in my wallet, I will now have 5BTC and 5BTCx2.  I am thinking I should xfer everything into my BTC account to maximize this.  Thoughts?
newbie
Activity: 5
Merit: 0
November 01, 2017, 03:54:01 PM
#1
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
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