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Topic: Should you sell altcoins before the fork? - page 7. (Read 3312 times)

full member
Activity: 961
Merit: 110
SweetBet.com
October 11, 2017, 03:13:46 PM
#47
A good project will still be a good project whether btc forks or not, why would you sell?

That's what I also think.
full member
Activity: 1890
Merit: 101
October 11, 2017, 02:57:13 PM
#46
stop panic sell, actually people who do panic sell that lower the price of the coin,
so please do not be too panic when hardfork happens,
hardfork is often and not too make a loss, so do not panic ..
full member
Activity: 238
Merit: 144
October 11, 2017, 02:52:42 PM
#45
It seems to me that most people now do that. All altcoins are falling, while bitcoin is eager to 5000$. After hard forks I think all altcoins will soar again, and the bitcoin will drop to 3K $.
full member
Activity: 266
Merit: 100
October 11, 2017, 02:45:49 PM
#44
Yeah you could sell some of your alt coin and buy Btc before hard fork as after hard fork you'll get bitcoin gold for free
legendary
Activity: 3248
Merit: 1402
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October 11, 2017, 02:27:18 PM
#43
I took the question to mean should they sell altcoins and put in in Bitcoin before the fork.

If that's the question, then I'm wondering the same thing. Seems like Bitcoin Cash was free money if you had any Bitcoin sitting around.

I plan on keeping the alts I really believe in  (DeepOnion) but selling some I keep floating around and loading up on Bitcoin before the fork. I have some XRP I have that I'll probably flip into Btc and then back to XRP after the fork. Just my two cents.
Before selling alts it's important to determine whether free coins will be granted in the upcoming forks, I believe. You are saying bitcoin cash was a free money at the time after segwit but I though people got to choose between spending their btc as btc or as bitcoin cash, so it's not like they could have both, right? Thus, as our btc is still #1 and is not likely to be beaten by forks, I guess there's not much use in putting money into bitcoin before the fork specifically.
legendary
Activity: 1288
Merit: 1087
October 11, 2017, 02:23:19 PM
#42
nope. the forks will prove to be worthless or won't happen at all.

you'd make far more money scooping up cheaper alts. in certain cases they're crazily undervalued compared to the past. that does of course presume they'll be worth the same again in the future and maybe each bitcoin fork guarantees that.
hero member
Activity: 924
Merit: 506
October 11, 2017, 02:20:46 PM
#41
Selling alts at this point is a huge mistake, we don't know yet if the new fork coin they call it bitcoin gold will have the same support as BCH had, BIG Wu had more than $500 millions to keep the coin alive, who is behind the new fork? I wish that Core devs could've (would've) cloned the same BCH and BCG and let the community to decide. after all if open source projects had no value because they were giving the ability of cloning to anyone, they are good for times like this new fork Cheesy
member
Activity: 112
Merit: 10
October 11, 2017, 02:09:39 PM
#40
I think the best tactic is to buy some altcoins just before the fork, as their price would be rather low, and then wait for x2 and more.
sr. member
Activity: 437
Merit: 250
October 11, 2017, 01:18:47 PM
#39
I think this is the main mistake of most novice traders. An attempt to move from one asset to another will not help you earn money. I usually on such movements of the market wait for the most convenient moment for buying and buy assets with a large drawdown.
sr. member
Activity: 308
Merit: 250
October 11, 2017, 01:15:13 PM
#38
Hi guys,
in your opinion, it's time to buy or sell this sh*tcoins?  Huh

i think sell now, buy btc and hold bitcoin or you can buy some alt who more profitable after or when hardfork happen.. its better than you hold shitcoin for hardfork
I don't want to sell any of my coins.
Do you know if there is any lending service that I can try to use to multiply the amount of Bitcoin that I have? thanks.
full member
Activity: 226
Merit: 100
October 11, 2017, 07:53:12 AM
#37
It's time to buy altcoins cheap I think. It's very likely that Bitcoin and Bitcoin gold will get dumped back for the coins once the dust settles over the fork.
full member
Activity: 672
Merit: 100
October 11, 2017, 07:09:40 AM
#36
People are actually selling their altcoins to buy bitcoin because of the fork, but mysterious things can happen after the fork that will make some people to regret their action.
full member
Activity: 266
Merit: 100
October 11, 2017, 06:20:32 AM
#35
No one knows in what position altcoins will be after the fork, but i strongly believe they will all pump after the fork and bitcoin will lose a littile bit significantly. I dont know but these is more likely to happen in my own opinion so it is good to keep or invest in some altcoins before the fork but if you have a great amount of btc, i would choose to put my money all on btc.
newbie
Activity: 56
Merit: 0
October 11, 2017, 06:13:04 AM
#34
If you don't believe in the altcoins holding, then yes, you should sell them. The tendency shows traditionally crypto-people try to sell altcoins in order to buy BTCs, but at that time altcoins sale price may not be so interesting and engaging as expected.
legendary
Activity: 1456
Merit: 1000
October 11, 2017, 05:14:20 AM
#33
I'm personally gonna take this opportunity to buy altcoins and ignore the fork. I don't believe BitcoinGold will hold much value.
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
October 11, 2017, 04:13:18 AM
#32
I wouldn't wonder if those weklings would get scared and sell off their altcoins, there are altcoins that are worth it to invest. But this coming fork if yo do receive Bitcoin gold, the best thing to do would be to sell it off before it disappears out of nowhere.
full member
Activity: 392
Merit: 100
October 11, 2017, 04:06:09 AM
#31
A good project will still be a good project whether btc forks or not,
If you believe in the altcoin you are holding, I suggests you hold it tight
hero member
Activity: 826
Merit: 1004
October 11, 2017, 04:02:28 AM
#30
Everyone is doing that why should you step back if you are in a profit (sounds impossible for most of the alts) then only sell it. I can assure you alts might not rise till hard fork is over so simply holding them wouldn't be a good choice instead get some free coins who knows it might end up like bch. For my portfolio only xmr is giving me decent amount of profits rest all are low so i wouldn't sell it.
sr. member
Activity: 462
Merit: 251
October 11, 2017, 02:23:41 AM
#29
Hi guys,
in your opinion, it's time to buy or sell this sh*tcoins?  Huh


Yes, in my opinion it is the right time to sell our altcoins in the exchange before the fork. It is much better to do it than regret it in the end. At least anyhow, you get benefit on it and have profit.
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
October 11, 2017, 01:33:04 AM
#28
Don't even think aboout dumping your altcoins now at dips, before the BTC hardfork. Everything will be fine in November Wink
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