Trading strategy before the fork in mid-nov

sujonali1819

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Quote from: traderperspective on October 30, 2017, 12:33:24 PM

What is your strategy before the fork in the middle of next month. Do you buy up before the fork, or do you believe that it will fall in the aftermath of the fork, and therefore sell a bit off now?
This is both in relation to BTC and Altcoins

Generally when i heard about a fork Then i try to collect the full information of the fork.after learning about the fork then i decide me what i should do before the fork. Most of the time i decide to buy more btc before the date and try to sell them after the fork ended as soon as possible,because all the trader will sell their btc so it can dump simply.When the market go to normal then i buy more btc for future hodling. This is my trading strategy during a btc fork.

PointHope

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My strategy is try to earn BTC trading only coins I'd be comfortable holding longer if the market goes flat or dips.

Like today I bought about 7 ETH at .0495 then sold for .0515 for a profit of about .01 BTC or one million Satoshi. Small profit, but increases my BTC count for the long haul.
It took a little longer than I thought because BTC was rising in price nearly as fast as the ETH.
This strategy works better and faster when BTC is falling and ETH rising.

Sometimes this doesn't work and end up holding a coin for a couple days.

Trick is to pick the coin from the top volume trading which generally have small dips and rises throughout the day.

zeaderza

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Quote from: maianh09 on November 08, 2017, 02:11:26 PM

I think before the fork will be the time of the lowest altcoin price if you have some money to invest in any coin any is low price you will have words after the fork event ends

A lot of people are talking about the fork it is not officially announced so don’t listen to the rumors soon because there might be a chance to rise in price so don’t get panicked of this news and if any of fork happens then make prior to buy as much as you can if you don’t have no revenue than hold your coins and wait for the prices to rise don’t go for the altcoin because they don’t have any scope in future.

Dodoymabs

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Quote from: Idrisu on November 08, 2017, 04:37:21 PM

The hardfork has been cancelled and is going to hold in another day. I think the best thing to do now as traders is to keep buying altcoins from the current profit we have make from the current pumping. Bitcoin cause the inflow of coins from the altcoins market to bitcoin and now I believe traders are going to convert they money back. I have see the following coins get pump in days to come : ethereum, litecoin, ripple and bitconnect.

The segwit2x has been cancelled due to some reasons, SegWit2x backers couldn’t convince enough people in the bitcoin community to make the SegWit2x blockchain the new mainstream bitcoin blockchain.So no need to worry for now.Just be updated about the marketflow and monitor the btc price.

Idrisu

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The hardfork has been cancelled and is going to hold in another day. I think the best thing to do now as traders is to keep buying altcoins from the current profit we have make from the current pumping. Bitcoin cause the inflow of coins from the altcoins market to bitcoin and now I believe traders are going to convert they money back. I have see the following coins get pump in days to come : ethereum, litecoin, ripple and bitconnect.

Frank0209

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Quote from: Aleister Crowley on November 08, 2017, 03:00:46 PM

I'm afraid this fork will fail. Therefore I transfer all my btc to altcoin until the fork is finished. because I'm sure the price will go down after a hard fork. It's just speculation that I did, although rumors of twins that there will be free coins that occur. but I can not believe this ,,. because I better play safe ,,.

The hardfork is cancelled so I think we no need more new strategy to trade before the hardfork

). We just need to do it the same as we did before, collect news, research about the market, choose the good altcoin and good time to join is also needed. There will be more hardfork in the future but I think not in this year. Beside I don't think the hardfork will make Bitcoin price decrease cause after two hardfork on August and October, Bitcoin price keep increasing all the time so I think it'll be the same at the next hardfork

. At least I hope so Cheesy

Aleister Crowley

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I'm afraid this fork will fail. Therefore I transfer all my btc to altcoin until the fork is finished. because I'm sure the price will go down after a hard fork. It's just speculation that I did, although rumors of twins that there will be free coins that occur. but I can not believe this ,,. because I better play safe ,,.

maianh09

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I think before the fork will be the time of the lowest altcoin price if you have some money to invest in any coin any is low price you will have words after the fork event ends

crush

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I will still hold my alt coins, it will go to moon after hard fork of BTC in the mid November

coynedterm

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Quote from: traderperspective on October 30, 2017, 12:33:24 PM

What is your strategy before the fork in the middle of next month. Do you buy up before the fork, or do you believe that it will fall in the aftermath of the fork, and therefore sell a bit off now?
This is both in relation to BTC and Altcoins

I don't think that segwit2x will happen ( Because seems to be a stupid decision at all because the value of the bitcoin will tends to half than what the price is today ) . Second thing here I am doing everything normal as I do in my normal days because I know that if I will stop my work of buy sell in normal stretagy than I don't think that I will get success , so here I am not going to buy in bulk as well sell also .
Here about 1 hour ago I found a link where people are saying that it is mentioned that segwit2x is not going to happen .
You can check here https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html ( I didn't perosnally read the article at this link yet ) .

Enjorlas

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The only good strategy is to go alts, why ? Because no matter what happens, alt will remain , and can't go lower than now, it's already very low

dominikas18

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Quote from: Shenzou on October 31, 2017, 05:35:49 AM

Quote from: 13abyknight on October 31, 2017, 04:23:56 AM

Quote from: traderperspective on October 30, 2017, 12:33:24 PM

What is your strategy before the fork in the middle of next month. Do you buy up before the fork, or do you believe that it will fall in the aftermath of the fork, and therefore sell a bit off now?
This is both in relation to BTC and Altcoins

Hard forks are pretty much goldmines when you stock up a big balance and wait for the fork to happen. Shouldn't at all be afraid about price drops after a fork as we've seen two forks go by and Bitcoin has been swift on its way back to the top. So I would suggest only one thing: buy up and HODL and wait for money to roll in!

Yeah I think it is already too late to buy bitcoin before the hard fork, the price is way too high and it just keeps on going up, and there is no guaranties that buying now that the hard fork will be profitable, there goes to show you that planning ahead in trading and knowing what will happen in the market beforehand so you would know when to buy and when to sell, you can try for altcoins and then exchanging it but that market is unpredictable and could lead you to a loss if things does not go the way you want.

Guys, I actually have an interesting trading strategy right before the upcoming Fork, based on the previous Cash and Gold Forks. Would be glad to hear your opinion about my idea:
https://youtu.be/fpWNENPsNw4

weredo911

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I think I will buy some cheap altcoins now and wait for the fork finish. Maybe, altcoins will rise a bit and I will sell to get profit.

risatrakib

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SquidCoin.cash

my trading strategy before segwit2X is buying as much bitcoin as i can and hold my altcoins . After fork altcoins price will be pump for sure . So it is worth buying bitcoin and altcoins both now to make much profit

TrumpD

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I don't understand why trading strategies should change due to the upcoming Fork. Forks are becoming normal these days and I doubt if Novembers would be as disruptive as the first one. I don't short, but if I did, It will be business as usual.

malikusama

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Most probably there will be another pump after the coming fork as majority of the users are expecting it.
Well I don't have enough funds to buy more BTC so to get some extra money my strategy is to keep all my existing BTC in the wallets or exchanges supporting (and giving) B2X coins on the upcoming fork.

hasmukh_rawal

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Everybody knows the outcome of the fork which is that B2X will become another Altcoin like the previously forked coins.
People are holding BTC to get the free coin and then dump it to buy more BTC and Altcoins. So holding BTC is the best thing to do now.
After the fork it is best to observe the market for a while and join the community with larger supprot. If the BTC price doesn't go down then stay to BTC and if the BTC starts going down then sell BTC or buy Altcoins.

gabmen

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Quote from: ThunderCatSteve on November 07, 2017, 02:40:54 AM

Quote from: sangwookie on November 05, 2017, 06:07:18 AM

I am going to convert before the fork and then get the new coin and probably sell them for more bitcoin.

Don’t do that man there is no confirmation of any fork so don’t believe in rumors hold your coins still there is a lot that is coming for us and if you will hold one day you will say thanks to me and choice is all yours relaying in this price of achieve many times higher than this in future and holding will not give you a single penny loss and not investors are mature enough if fork occurs that will be for 2 to 3 hours only.

Dude, holding your bitcoins in a wallet that supports the fork would give you extra btcs. B2x as they may call it may even have a good value so same here, i probably would keep the coins in my wallet and wait for than b2x

ThunderCatSteve

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Quote from: sangwookie on November 05, 2017, 06:07:18 AM

I am going to convert before the fork and then get the new coin and probably sell them for more bitcoin.

Don’t do that man there is no confirmation of any fork so don’t believe in rumors hold your coins still there is a lot that is coming for us and if you will hold one day you will say thanks to me and choice is all yours relaying in this price of achieve many times higher than this in future and holding will not give you a single penny loss and not investors are mature enough if fork occurs that will be for 2 to 3 hours only.

sangwookie

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Put it all on the line and go for broke

I am going to convert before the fork and then get the new coin and probably sell them for more bitcoin.

Topic: Trading strategy before the fork in mid-nov (Read 1310 times)