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Topic: Should i still gonna need to sell my bitcoins in august 1? (Read 1417 times)

full member
Activity: 242
Merit: 100
you want to sell and buy back at a low price? many people tend to do like this, but i think most of them wont succeed, greedy is the sin, you can never buy at the lowest price and most are just watching btc to the moon with no action
sr. member
Activity: 560
Merit: 286
I dont know why many people are selling their bitcoins. Instead you can store them in any hardware or on a safe wallet. Bitcoins price will surely be changed but i dont think there is a need to sell you bitcoins. Many people have already sold their bitcoins and that may be the main reason behind price fluctuations. Once the price increases, more number people will start purchasing it for future and the price will again fluctuate.
hero member
Activity: 518
Merit: 500
In my opinions i don't sell bitcoins in August 1st because my bitcoins will be two coins and one of them will be expensive and the other will be free money because of the bitcoin's hard fork, today is good time to buy and hold bitcoins until the bitcoin's hard fork be succesfull and bitcoin's price will goes more than $3000/BTC
sr. member
Activity: 686
Merit: 277
There is going to be a hardfork as BCC coin is coming but that is just an added bonus. Do not sell your Bitcoin cheap and panic and if you have more funds, when or IF it dumps a little, buy some more and you will be the ultimate winner. I hope also BCC sells for very cheap so I can buy a few of those as well and hold.  Cheesy Grin
Smart suggestion indeed! It’s really sagacious to hold onto your bitcoins even when the market is facing downfall. As you have said, there is absolutely no need of selling all bitcoins on August 1st. even if the prices pump beyond expectations, keep some coins in your wallet. Good luck for Segwit.
sr. member
Activity: 812
Merit: 253
I think the safest thing to do is put your money in your pc wallet or if you have a hardwallet place your coins there including bitcoin, just be prepared that all ingoing and outgoing transactions with bitcoin will be put on hold so if you wanted to withdraw your money because you need it just make sure you have enough to keep in your pocket. It may take a couple of days too for some exchanges. I made sure I kept mine safe and plan to hodl them instead of selling them and regret after.
hero member
Activity: 1428
Merit: 506
I read statement of Bittrex, they will take all reasonable steps to ensure that customer funds can be preserved on both chains. so I will hold my bitcoin to get BCC.
 
Yes some exchange did some neccessary action on this upcoming august1. I just hold my bitcoin for now and lets see what will may gonna happen on this date. It is best saving bitcoins in an offline wallet for sure bitcoin price will rise this year though we really cannot say the fluctuation of its price.
member
Activity: 78
Merit: 10
Don't panic sell !

If bitcoin keeps growing like it did the past few years, what will it be in 5 years from now ?

I say HODL for a few more years and get updated regulary Smiley
hero member
Activity: 1582
Merit: 523
maybe you can sell and if bitcoin price will fall,you can buy it again.
yeah is benefit if the bitcoin price will go down. what if the price go high and high again? you will regret for it  Grin.
but unfortunetly no body knows what will happend in the future even i wish the price will go down, so i can buy cheap  Grin
This is the hard decision to make also because of this upcoming event this aug1. If selling bitcoin now and your not earning yet profit possible you will lose. It is best wait for the aug and lets see what the price may upto. If you sell now and the price will soaring high on aug you will regret also. So you may decide whats best its either hold and save it in an offline wallet were you will kept the private keys.
hero member
Activity: 910
Merit: 512
maybe you can sell and if bitcoin price will fall,you can buy it again.
yeah is benefit if the bitcoin price will go down. what if the price go high and high again? you will regret for it  Grin.
but unfortunetly no body knows what will happend in the future even i wish the price will go down, so i can buy cheap  Grin
newbie
Activity: 56
Merit: 0
Somehow I just feel safer holding ETH. Maybe I'll convert some amount into USDT and put in some ridiculously Low buy prices at exchanges. Maybe a flash crash will happen again
hero member
Activity: 1036
Merit: 504
There is going to be a hardfork as BCC coin is coming but that is just an added bonus. Do not sell your Bitcoin cheap and panic and if you have more funds, when or IF it dumps a little, buy some more and you will be the ultimate winner. I hope also BCC sells for very cheap so I can buy a few of those as well and hold.  Cheesy Grin
legendary
Activity: 1358
Merit: 1093
HODL! Be strong and resist the storm my friend...
hero member
Activity: 616
Merit: 500
maybe you can sell and if bitcoin price will fall,you can buy it again.
sr. member
Activity: 826
Merit: 250
I thought that it is already a success in bitcoin segwit and no split was gonna happened?
Do i still need to sell all my bitcoins before august 1?
I wouldn't to sell bitcoin for now.
It's better idea save it on cold storage.
Some exchanges has announce suspend deposit-withdraw at August, 1 starting 00 am, can be up to 24 - 48 hours. Bitcoin will upgrading. And nothing to worried about price crash or panic selling.
sr. member
Activity: 1162
Merit: 253
I read statement of Bittrex, they will take all reasonable steps to ensure that customer funds can be preserved on both chains. so I will hold my bitcoin to get BCC.
 
legendary
Activity: 1904
Merit: 1074
The people who wants to buy, will spread these rumours about Bitcoin crashing after the 1st of August, because they want to

create panic and with panic comes cheap coins. The best strategy for now, is not to sell your coins. You should transfer it to a

Bitcoin address where you have control over the private key and then just wait it out. Ignore all these rumours and shilling

and FUD that are flying around now.  Wink
full member
Activity: 405
Merit: 105
I thought that it is already a success in bitcoin segwit and no split was gonna happened?
Do i still need to sell all my bitcoins before august 1?
If I were you, I won't . You don't NEED to sell it before August 1, it's your choice. I won't sell it because I want to see how will the segwit affect Bitcoin and its value. Lots of people are expecting positivity on Bitcoin's demand from the segwit. It is hard to tell if it will be successful, we'll just know if it already happen, so it's better to wait, based on my opinion.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
I thought that it is already a success in bitcoin segwit and no split was gonna happened?
Do i still need to sell all my bitcoins before august 1?

I can't tell you the right thing to do because it's your coins and you have your own preferences on how you look into the situation. If you are looking for long term then believe in bitcoin and face the risk of losing it on value. After all if everthing goes fine, then your risk taking attitude will be rewarded in the future.

It's just a win or loss here. If you have guts to challenge your doubts then go with the decision that you really want. Avoid confusion by talking to others what to do. Have a self analyzation on what thing you must do.
sr. member
Activity: 2828
Merit: 344
win lambo...
You shouldnt. Dont panic its just an upgrade of bitcoin, all are possible to happen but its better to be optimistic. Lets wait for the BIP141 to happen.
Yes i agree.It's not yet the right time to sell your hard earned bitcoins so better hold it still.I believe we all have faith in bitcoin so better stand for it.Let's throw all our negative thoughts and just keep on doing what you used to do.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
That decision is still up to you whether you sell and never to come back on bitcoin or use it as a strategy you'll have to take responsibility for it when the outcome comes.

but i can give some information that might help. as you can see bip91 seems going well thus we have a least chance of hard fork happenning on august one.

although i say that it'll still be better to be prepared. follow the guidelines stated https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799

some says there'll be one on whatever date this year but seeing the situation now, i can say that no one wants a hard fork so people will make a way to solve the slow

transactions without it. so for me i'll stay on board.
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