The strategy is to collect as much BTC as you can and wait for the fork to accomplish and give you more coins. The price of BTC is increasing in a rapid speed day by day and we might not buy it at such rates. There are pretty good chances the the price will increase more until the fork.
It depends on the individual on how he is going to fill up his wallet for the fork. I have stopped investing in Altcoins since the last fork affected the Alts in a negative way and dropped my capital a bit. Just holding as much BTC as you can will be the best thing to do.
Topic: Trading strategy before the fork in mid-nov - page 3. (Read 1301 times)
Bitcoin price seems stand strong recently and may increase to $6500 until next hard fork, I guess.
people tend to buy more bitcoins during the way of hard fork which created another free altcoin for 1:1 for bitcoin holders.
On the other hand, altcoins may drop a little bit due to investors and traders may allocate their funds into bitcoin.
However, there is a possibility of bitcoin price decline after hard fork, but btc1 may get dumped harder after get listed on exchanges.
people tend to buy more bitcoins during the way of hard fork which created another free altcoin for 1:1 for bitcoin holders.
On the other hand, altcoins may drop a little bit due to investors and traders may allocate their funds into bitcoin.
However, there is a possibility of bitcoin price decline after hard fork, but btc1 may get dumped harder after get listed on exchanges.
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
This is both in relation to BTC and Altcoins
Based on my readings, it would be a good time to buy altcoins before the fork because market trends in previous forks affected the value of altcoins in general. After the fork, there is usually a spike in the price of altcoins, which affects the value of bitcoins a bit negatively before normalizing again after some few months. Therefore, as a general rule to trading, buy low, sell high!
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
This is both in relation to BTC and Altcoins
as of now I have no plan about this incoming fork, hopefully I analyze my plan step because decision in trading always need to study to secured the investment panicking aren't helpful.
I’m into savings my bitcoin and I limit my selling from 10% of my earned bitcoin. Then buy back when the price is in dip. This coming fork is much controversial than the two fork I’ve encountered, bitcoincash and bitcoin gold. Segwit2x I don’t know to handle this one for there is much risk.
I also HODL my earned bitcoin from Bazista Signature Campaign that I’m into. A free coin is good enough for me and I will not invest in any fork coin that is coming now or soon.
I also HODL my earned bitcoin from Bazista Signature Campaign that I’m into. A free coin is good enough for me and I will not invest in any fork coin that is coming now or soon.
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
This is both in relation to BTC and Altcoins
make my altcoins all btc and wait for the dip of all coins.
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
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!
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
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!
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
This is both in relation to BTC and Altcoins
I choose trade safety, so I decides to not buy anything but exchange / replace my money become currency. Wait and see is the best option I have to secure my asset. Most of us will take opportunity before the fork but I don't take it. Next month I'll see again their moving price and volume using long time period and take chance again. Different strategy, but I don't want to make me panic with " up before " or " fall after ". Good luck with your strategy.
i am expecting a drop before the fork but i was actually expecting this drop to happen these days but as you can see price is rising so i am not so sure about my strategy regarding this November fork. the drops always happen far before the fork not the day of the fork or even after it. and since we are only a couple of weeks away from this fork we may not even see any considerable drop apart from small corrections.
because of this i do what i always do when i fail to predict, i just hold bitcoin and start trading altcoins that i can predict better or for example altcoins that i see are getting pumped.
because of this i do what i always do when i fail to predict, i just hold bitcoin and start trading altcoins that i can predict better or for example altcoins that i see are getting pumped.
Actually, nothing could ensure when a drop will happen. Would it be before the fork or after the fork. I predict bitcoin would have a correction in november. if you look at the weekly chart of bitcoin, this is the seventh week for the green candle, and who knows how long the up trend will continue. But I still believe that next month there will be a correction. so, now is a good time to sell bitcoin, and re-buy it at a discount.
My strategy has always been the same in the last for years. And from all the experience i gathered during those times, there is only one important you need to do. And that is believing n bitcoin and holding it. I am holdler. holdling is my strategy!
i am expecting a drop before the fork but i was actually expecting this drop to happen these days but as you can see price is rising so i am not so sure about my strategy regarding this November fork. the drops always happen far before the fork not the day of the fork or even after it. and since we are only a couple of weeks away from this fork we may not even see any considerable drop apart from small corrections.
because of this i do what i always do when i fail to predict, i just hold bitcoin and start trading altcoins that i can predict better or for example altcoins that i see are getting pumped.
because of this i do what i always do when i fail to predict, i just hold bitcoin and start trading altcoins that i can predict better or for example altcoins that i see are getting pumped.
I will be holding my coins after the forKS though I have a mind of dumping bitcoin gold after the fork. I benefited from the last splitting and this time around I still want to enjoyed the same. Selling before the splitting has no benefit to me and I have decided to remain with bitcoin core as this is the only coins that has facing rejection from the governments and still remains strong. Another thing I and praying for is to sell my coins at a good price after the fork and not getting a replay.
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
As usual during the fork the blockchain will split and there will be distribution of the free coin which will be new altcoin. So looking at that agenda people/investor will want to get that coin out of greed or out of curiosity and for the purpose they will be buying lots of bitcoin as the forked coin is credited equivalent to the bitcoin holdings. For sure this will affect the alt coin market because people will be selling the alt coin to put the money into bitcoin. Thus the together effect would be pumping of the bitcoin and dumping of the alt coin. So start making the investment accordingly if you trust on this scenario.
This hardfork isn't going to do anything to Bitcoin, it's a shit hardfork which is ridden with problems. This one isn't like Bitcoin Cash where it actually has backing and money behind it, and some people at least. This is a hardfork which doesn't have competent devs, they have bugs in their code, and they're not going to get anywhere with it. "They're not sending their best folks"
This is what I would call a nonissue when it comes to trading, I would continue doing what you're doing as this shouldnt effect you at all.
This is what I would call a nonissue when it comes to trading, I would continue doing what you're doing as this shouldnt effect you at all.
I will buy some more btc to benefit from the fork, and will probably hold as we don't know for sure which one will be the real "bitcoin" at the end..
This is the best time to buy some bitcoins using Tether, and then you can sell them to USD back again when the fork is done, ussually all the prices tend to go down when the fork is done, the same happened a few days ago only that the price of altcoins went up like crazy.
I am going to do it, i will sell my bitcoins for Tether and then buy back again when the price of bitcoin is a few hundreds more cheap than before.
I am going to do it, i will sell my bitcoins for Tether and then buy back again when the price of bitcoin is a few hundreds more cheap than before.
ussualy before hardfork bitcoin price can incraese very high
and you can get new coin, if hardfork split, harfdork mid-november can split new coin with name bit2x
and you can get new coin, if hardfork split, harfdork mid-november can split new coin with name bit2x
Personal strategy is to accumulate predominantly BTC and a small percentage of carefully selected alts. BTC already reached a new ATH just days after the much anticipated HF on october the 25th, it's like a friggin' bulldozer. I have no confidence the alt-market is going to recover significantly towards december and most likely won't change strategy on the foreseeable term.
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
Do some trading and basically convert them back to bitcoin after I get some profit,all sounds good but unfortunately it always doesn't go your way. I was thinking of buying bitcoin but then the price instead of going down went further high. This is both in relation to BTC and Altcoins
So that is no longer an option unless the price suddenly goes down. So I am still thinking of a good useful strategy and the strategies I have been using needs a change,so going to figure out probably some potential underrated altcoins and see how things go.Jump to: