Topic: Should long term holders sell before August 1st? - page 6. (Read 4900 times)
Just move your bitcoins from exchanges if any to personal wallets like hardware wallets or paper wallets and relax. Nothing major gonna happen. If a fall happens that would happen for a short term. SegWit is happening for the betterment of bitcoin not for degrading it. Price will bounce up that is for sure.
Pretty much this, besides I don't get the fear of August 1st because we are pretty much guaranteed to get Segwit now despite what you may feel about certain factions in the community. All I see after August 1st is a big take off.
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?
If you are a long term holder, just ignore the activity around Bitcoin and sit tight. Even if there is a split, you will hold coins on both chains. In the end, at least one of them will succeed and you can cash out your coins.
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?
well i think it is not the true news that bitcoin will be fall to zero after 1st august, i don't think that this will happen and also think yourself that how the high price of bitcoin will fall to zero, just hold it because the price of bitcoin will quite high after august 1st, and if this happen then i am sure the price will again recover because a lot of people are related to bitcoin due to some reason, they will not remain. Being a long term bitcoin holder i am little scared.some people are even saying bitcoin might fall to zero after August 1st.
Being a long term holder should teach you not to trust random people writing shit on internet forums. 
I've been in the crypto world for just 3 years and I've seen my share of FUD, haven't you? Those people are hoping to scare people into selling before that date, because they know there's going to be a huge pump after SegWit, just like there was after LTC got it done. If you're scared sell now, don't wait for a possible dump before the 1st, because if you're uncertain, you might overreact and sell at the bottom.
Looks to me like you just came back after a long period of inactivity.
When you weren't paying attention to your holdings, they went up very dramatically in value, didn't they?
During that time that you weren't paying attention, I can guarantee you that there were many different situations in which people were saying the price could drop to zero. If you had sold during that time when everyone was scared, you would have missed out on a big opportunity. The same applies this time - just don't do it.
Worst case scenario is that there's a bear market. If that happens, you don't sell, you buy more and don't give into FUD (provided you can afford to lose it). Ideally, you'd ignore the whole situation and wait until later.
The time to sell is when you need the money. Otherwise, while I'm no financial adviser, I wouldn't recommend it.
When you weren't paying attention to your holdings, they went up very dramatically in value, didn't they?
During that time that you weren't paying attention, I can guarantee you that there were many different situations in which people were saying the price could drop to zero. If you had sold during that time when everyone was scared, you would have missed out on a big opportunity. The same applies this time - just don't do it.
Worst case scenario is that there's a bear market. If that happens, you don't sell, you buy more and don't give into FUD (provided you can afford to lose it). Ideally, you'd ignore the whole situation and wait until later.
The time to sell is when you need the money. Otherwise, while I'm no financial adviser, I wouldn't recommend it.
I wouldn't be worried. Just ignore all the fud coming from trolls and related drama loving wackos. In case everything doesn't play out in the favor of most people, we'll likely face a short term bear market, but that will clear once everything more or less is being pushed to the background. If you for real have been holding your coins for 4-5 years thus far, you have been through many massive pumps and dumps already, no big deal.
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.
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.
How many do you have?
around 45
How many do you have?
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?
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