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Topic: Should i still gonna need to sell my bitcoins in august 1? - page 2. (Read 1405 times)

newbie
Activity: 5
Merit: 0
If you are really that scared you can hedge your bets and sell some of it and hold the rest of it but honestly I think you should just hold it.
newbie
Activity: 28
Merit: 0
If you don't want to wait until the prise start grow, you better sell btc now. But I would wait.
sr. member
Activity: 658
Merit: 256
Freshdice.com
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?
It's up to you. No one knows what will really happen in August 1 , it it'll lead to pump or not. I'll suggest you to wait and observe what will happen after the segwit in order for you to assure and avoid regrets. Lots of people are saying not to do transactions in Aug 1. There are lots of people who are still eyeing for those who will do panic selling, and I'm sure there's a reason behind that.
full member
Activity: 154
Merit: 100
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.
full member
Activity: 230
Merit: 100
IMHO, its better to hold it. There are uncertainty after August 1 but all in all I am very optimistic. It is done by professional and they tested it before they implement it. All measures and risk factor are taken care of IMHO.
sr. member
Activity: 2436
Merit: 343
No. You don't need to sell all your bitcoins in august 1 because it is not advisable to sell because the price might go up into a higher price per bitcoin because of the upgrade to 2mb blocksize which will make the transactions faster and the fees might go down which is the best and the most awaited by the bitcoin users all over the world and the popularity of bitcoin will become stronger.
sr. member
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
I guess it is quiet useless to sell at the moment or even trade on this pumps and dumps. Just wait until the middle of august and than just decide for yourself.
member
Activity: 116
Merit: 101
you do not need to sell. Holding bitcoin is an act of love  Wink
full member
Activity: 131
Merit: 100
You only need to sell if you need money urgently, but because of the fear of falling prices or the collapse of bitcoin, it's silly to sell, because panic is created specifically so that many have missed the opportunity to earn after the price increases.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
If you have to ask that question, you have not read enough about the topic.

What re afraid of? BTC price crash? Not gonna happen. Actually after Aug 1, it ll go over $3.5k.

So why would u sell?
hero member
Activity: 812
Merit: 500
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?
As far as i know , you should not make any transaction between the date of july 30- august 3.  If you want to sell your bitcoins do it before 29th of july,
full member
Activity: 238
Merit: 100
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 guess you just need to store your bitcoin in a computer to be safe having transaction in that that would lead to bitcoin lost i also recommend to you to dont use web wallets i guess it will be a risk in your bitcoin if you store them in a web wallet that day,
sr. member
Activity: 714
Merit: 250
there will always going to be something with bitcoin, you have to accept and embrace the "drama". it won't go away for many years. and people seem to love it now.
just remember to always invest what you can afford to lose and never ask the question you just asked here ever again.

#HODL

Yeah that's right mate,  it wouldn't go away for many years and for me that investments could take up a very long travel everytime digital currency is concern. So regarding the drama forgt about it, you need not to stressed out with your emotions and be strong to face the fears coming from false speculators online. Never sell your holdings while it's so cheaper if being sold, and for me it's nice to sell when it reached the goals which you can enjoy most of the benefits that you had.
legendary
Activity: 1218
Merit: 1003
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?

As far I know a spilt won't happen that's my gut feel according to all the news happening round. Now your question to sell well it's difficult to answer you should consider different scenarios, we'll If you need money asap then sell, if you don't you keep them it's very easy decision, then again two more scenes maybe price g s down and you would be like why didn't I sell, and when you sell price shoots up, your call.
All signs and sources point to there being a split on Aug 1st...

There are wallets being made public, the organisers have said that they will split, there are futures being traded on ViaBTC.

I don't understand why people don't think there will be a split.  It will be a minor split, but at the moment the futures are training at about 16% of the BTC price, so it would still be a big project.  If you sell beforehand, you won't get any BCC, but if you don't want them, you could wait and sell afterwards, or just send your BTC around until someone replay attacks you!
full member
Activity: 476
Merit: 103
homt.net
Its upto you i have split my bitcoin into three one part i sold already some i converted into ether and waves or if you like invest on some other alt coin and third part kept in wallet where i am holding private key.
sr. member
Activity: 556
Merit: 250
Me i sell all my bitcoin yesterday becuase of that news am afraid that bitcoin drop down. I will see what the result of that date then after that if bitcoin never down the price i think August 15 i will buy again bitcoin.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
there will always going to be something with bitcoin, you have to accept and embrace the "drama". it won't go away for many years. and people seem to love it now.
just remember to always invest what you can afford to lose and never ask the question you just asked here ever again.

#HODL
sr. member
Activity: 434
Merit: 255
If the money is needed to purchase any of the goods it makes sense to sell now because of possible reasonable interruptions in completing transactions after August 1. But if you have no need to purchase it now, it makes sense to keep your bitcoins very soon after August 1, you will receive a good income.
newbie
Activity: 19
Merit: 0
Things also change depending on how many BTC you're talking about, if you have quite a few, its worth to keep it in BTC in an offline wallet to receive free Bitcoin Cash Coins, if not sell at peak and get into altcoins
full member
Activity: 140
Merit: 100
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 don't understand the relationship between split and selling.
Of course, some want everybody to panic sell now, since they're buying. And when everybody will see that nothing actually happened, they'll want to buy; and when everybody is buying, oh joy!

(If you want to make sure you will get coins from both forks if there will be a split, then you should store your Bitcoin in a wallet on your computer.)
Ohh well thanks i will surely store it in my computer or if its pump before august i will sell it i guess thanks for your info.
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