Should long term holders sell before August 1st? - page 2.

BrewMaster

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There is trouble abrewing

Quote from: ngin-x on July 12, 2017, 07:23:10 AM

http://www.coindesk.com/bitcoin-segwit2x-testnet-fork-scaling-proposal/

Take it for what you will but I am taking no chances. I have cashed out my BTC. If nothing bad happens after Aug 1, I will simply buy back. Why take the risk?

because buying back or trying to do it at least is a lot of risk too. first you have to sell and cash out to your bank, since you can not leave anything on exchanges.
then if nothing happens after Aug 1 price will rise up so fast you can't even blink, then you come in and decide to make a fiat deposit. it will take a very long time until your deposit reaches the exchange (not to mention it may fall in weekend and take longer) then you will end up buying on top and miss a good chance.

not to mention all the problems that cashing in and out a lot of fiat to and from your bank has. specially when you are doing it to a bitcoin exchange!

ngin-x

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http://www.coindesk.com/bitcoin-segwit2x-testnet-fork-scaling-proposal/

Take it for what you will but I am taking no chances. I have cashed out my BTC. If nothing bad happens after Aug 1, I will simply buy back. Why take the risk?

HasHe

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Quote from: maku on July 03, 2017, 01:42:46 PM

Don't fell to it. There won't be any major fuck ups related to scaling upgrade. You will be stupid and paranoid if you decide to sell your coins.
Instead just laugh at the nonbelievers and buy more coins, this is probably the last chance bitcoin will be available at price lower than $3000.
Just remember don't keep your coins online, always make sure that you have access to your private keys.

OP has said that he is holding bitcoins for a long period and i am surprised how he is scared just like newbies.Any way,no need to get scared.Bitcoin will rise in rocket speed after segwit activation and the situation of those who sell now will regret for their decision.

gilangIDR

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Quote from: ?? on ??

I think that this is a very difficult choice for us all, now that everything is in equilibrium, the advantage does not belong to anyone, it is causing so much difficulty for the choice of We, but I believe that bitcoin will continue to be popular.

Yes anything can happen, we can not determine how the bitcoin price on the 1st of August. Things can change very quickly because the bitcoin price changes are very high, so anyway nobody will be able to know the exact bitcoin price changes, one of which will happen in early August.

Ahmat faisol

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Quote from: ?? on ??

I think that this is a very difficult choice for us all, now that everything is in equilibrium, the advantage does not belong to anyone, it is causing so much difficulty for the choice of We, but I believe that bitcoin will continue to be popular.

I agree with you btc will always be popular.
Those who spread the btc issue will be of value: 0
Is currently planning something very unexpected.
There is a possibility that they are just spreading the issue so that we immediately sell in a hurry "and those who will buy at that price too will decrease so that all become worried and they can take advantage of this situation so they become rich instantly the price began to soar.
If you want to be a long-term holder, put your patience ahead and always believe that your choice is the right one.

shintosai

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Quote from: Shinpako09 on July 09, 2017, 07:52:53 PM

They won't, simply because they are a long time holder. They will wait for a price a price they think is enough for them. They are the kind of bitcoiners that has a lot of patience or just simply don't even panic if there is a price fall.

exactly those who knows how to wait are the one who already gaining a lot and as you mention they are a long term holders so for sure they already knew how the market works and what would be the impacting factors that will bring the value up or down, bitcoin holders knew the risk and they are willing to take it for sure.

celested

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Quote from: ?? on ??

Quote from: ChainSmoker on July 03, 2017, 12:17:00 PM

Being a long term bitcoin holder i am little scared.some people are even saying bitcoin might fall to zero after August 1st.is that even a possibility?should i sell my bitcoins to cashout profits and wait it out? or should i keep holding? i want to hold bitcoin for another 4-5 years.so if the bitcoin prize falls after August 1st which is a very high chance then will it ever recover? what's the safe thing to do?

No, I'm sure of that. Once you identify an investment in a long term currency, this shows that you always believe in it, so you will not sell it if you do not make a profit.

Me too, I will not sell bitcoin, the results of 1/8 will have a huge impact on the value of bitcoin, it may increase or decrease, but I always take the risk to pursue bitcoin.

shashko

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Quote from: Meuh6879 on July 03, 2017, 01:13:53 PM

I think you are right if you are a long term holder this is good after time you will see that you were right holding it

Casabrandy

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Quote from: Ewinsane on July 10, 2017, 03:42:21 AM

Quote from: Shinpako09 on July 09, 2017, 07:52:53 PM

They won't, simply because they are a long time holder. They will wait for a price a price they think is enough for them. They are the kind of bitcoiners that has a lot of patience or just simply don't even panic if there is a price fall.

Not just being a long term holder but only due to the faith they are having with bitcoin ecosystems. I guess there will be no need to sell off our stash for the reason of segwit activation. Even prices will be falling due to this activation, we can be sure that bitcoin prices will bounce back in more quicker time so that we can see bitcoin prices will be continuing its progress toward moon Cheesy

The price of altcoins are on dumping trend right now it is not a good sign to hold it until Aug 1 which is the split of chain of bitcoin. I'm currently lose too much amount on holding Altcoins and I wish that SegWit activation will give a positive effect in opposite oif what others speculate. Cry

Ewinsane

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Quote from: Shinpako09 on July 09, 2017, 07:52:53 PM

They won't, simply because they are a long time holder. They will wait for a price a price they think is enough for them. They are the kind of bitcoiners that has a lot of patience or just simply don't even panic if there is a price fall.

Not just being a long term holder but only due to the faith they are having with bitcoin ecosystems. I guess there will be no need to sell off our stash for the reason of segwit activation. Even prices will be falling due to this activation, we can be sure that bitcoin prices will bounce back in more quicker time so that we can see bitcoin prices will be continuing its progress toward moon Cheesy

Shinpako09

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They won't, simply because they are a long time holder. They will wait for a price a price they think is enough for them. They are the kind of bitcoiners that has a lot of patience or just simply don't even panic if there is a price fall.

Skarner21

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Massive price drop coming...

Quote from: aakashsangwan on July 09, 2017, 06:00:54 PM

No, you shouldn't sell you bitcoins before 1st August, just hold on to them because you are long term holders. The decision of segwit or whatever will be the decision will only increase the confidence of investors in bitcoin and isn't gonna be against bitcoin.

We don't know what will happen this coming august 1 and i think there are still confused to me to sell my few bitcoins because here is possibility that the price of bitcoin can down a bit cheap so if the price was down i will buy more bitcoin with cheap price because the price of bitcoin increase after segwit activation it will experience of down but will increase it again back..

Pearls Before Swine

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No, and strap your monkey ass into your seats, because after 8/1 we're heading for the moon. Bitcoin has survived all sorts of adversity in the past and has only grown stronger. I hate to sound like a cookie cutter sig shit poster, always blowing sunshine up everyone's asses but it's true. You watch and prepare yourself.

topper26

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My position on bitcoin is long like several decades if there is the grand puba of hodling it's this guy. I am not phased by Aug 1 I think the dust will settle even the week before as mentioned in earlier threads Aug 2 we will find more than likely not a whole lot has changed and then a good bull run towards the rest of the year

aakashsangwan

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PUGG.io

No, you shouldn't sell you bitcoins before 1st August, just hold on to them because you are long term holders. The decision of segwit or whatever will be the decision will only increase the confidence of investors in bitcoin and isn't gonna be against bitcoin.

ImHash

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I bet there are only a handful of people something less than 20 long term holders and they are ironically the same tech guys behind the scene of crypto in particular bitcoin, they know very well better than us small or medium holders and actually they're the ones deriving all of this 1st of Aug story just to make us (small/medium holders) to panic and see a dead end for the future of BTC .

Right now when I look at the price charts all I can see is misery and despair, but at the same time I know what awaits crypto's future and then I can see and feel some hope.

jvdp

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Quote from: phuclzu12 on July 04, 2017, 12:21:46 AM

I think should sell 50% to FIAT or USDT if have profit in past months, hold cryptocurrency until end August (with me end August is the time ending bearish trend) look like as a gamble, risky and can loss more money. Sell 50% and relax with this money, after this event we can comeback

They should keep their bitcoin after August 1 to get benefit for which they keep that for long.In bitcoin You should keep it for long to get huge profit.From my point of view, long term bitcoin holder should keep yours bitcoin after August 1.Many will say they should sell before August 1.But you should keep it after August 1

gargouri2001

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No, Just hold on

. Decision would be in favor of Bitcoin, but it wouldn't increase overnight. It would take a step back but that would be the time for you to purchase more rather than sell.

digaran

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🖤😏

I think OP means Chinese by some people, because they're the ones constantly manipulating every thing crypto related to have their profits.
What ever happens and if it really happens all the Bitcoins are still safe, price however could drop more than 50% but it will rise again when every thing goes as usual, any body saying to dump all of your coins is just trying to damage this currency and is seeking his own profit.
We can't have 2 or more than one BTC that is something every body should be reminded of apparently.

jc89

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Quote from: ChainSmoker on July 03, 2017, 12:17:00 PM

Being a long term bitcoin holder i am little scared.some people are even saying bitcoin might fall to zero after August 1st.is that even a possibility?should i sell my bitcoins to cashout profits and wait it out? or should i keep holding? i want to hold bitcoin for another 4-5 years.so if the bitcoin prize falls after August 1st which is a very high chance then will it ever recover? what's the safe thing to do?

Those who declares that Bitcoin will fall to zero after the August 1st are people who are spreading false information or rumors so that some will panic sell their coins before that day. And once that happens, those trollers will be very happy because they will have the chance to buy more Bitcoin at a lower price. Those are just schemes so do not fall for them.

If you are planning to hold your Bitcoin for another 4-5 years then you do not have anything to worry about. You'll gain more after that.

Topic: Should long term holders sell before August 1st? - page 2. (Read 4890 times)