Trading strategy before the fork in mid-nov

sujonali1819

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Quote from: traderperspective on October 30, 2017, 01:33:24 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, 03:11:26 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, 05:37:21 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, 04:00:46 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, 01:33:24 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, 06:35:49 AM

Quote from: 13abyknight on October 31, 2017, 05:23:56 AM

Quote from: traderperspective on October 30, 2017, 01:33:24 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, 03:40:54 AM

Quote from: sangwookie on November 05, 2017, 07:07:18 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, 07:07:18 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.

Kaller

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Well since the price is extremely bullish right now because people are realizing that nobody can stop it, not even Jamie Dimon, China, forkcoins that are attacks on the Bitcoin network like Bitcoin Cash, Bitcoin Gold, and the upcoming one SegWit2X. Also, because the CME just announced Bitcoin futures trading the price is rising fast right now. I think it'll do it's usual mini-crash before or around the SegWit2X launch so keep an eye out for buying the dip then.

x86Daddy

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As you can see, after hard fork Bitcoin Gold, Bitcoin continues going up. Therefore, I still believe investing in Bitcoin.

Cindy1983

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There are a lot of predictions about Bitcoin price after the hardfork over some think that Bitcoin price will keep increasing but some is opposite, they don't believe in Bitcoin and they think Bitcoin price will dump after the hardfork on this month. But in my own opinion I always believe in Bitcoin so I think Bitcoin price will keep increasing after the upcoming hardfork on this month Cheesy

. For now I'm trying to trade to earn more Bitcoin to prepair for the hardfork so maybe in next few days I'll stop trading for few days and wait until the hardfork is over Cheesy

Dudeperfect

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I do investment in Bitcoins and I am doing research on some promising alt-coins too but as of now, I am not investing in any coin at least for the period of next 2 months as I believe that we are going to face the correction in the price level. However, I will start buying in small lots during and after the correction as I am also expecting the organic growth in the next year which might touch $7K before mid-2018.

Victorycoin

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Quote from: 13abyknight on October 31, 2017, 05:23:56 AM

Quote from: traderperspective on October 30, 2017, 01:33:24 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!

A bit of caution is needed there!

Hard forks so far have turned out to be goldmine because of the airdrops/bonuses the new coins have supported, but might not always be so. After the Bitcoin gold split, price of Bitcoin was supposed to drop in principle, but because the Segwit2x - B2X, is a more significant hard fork than BTG, most traders and investors refused to sell their Bitcoins, which explains why the prices of altcoins are still down and Bitcoin making new ATH. However a change in the status is imminent soon after the hard fork and the bonus secured.

Looking at how low major altcoins like ETH, LTC, XMR, etc have fallen, I suggest to anyone having some deposits in bank and wants to end the year in style, to quickly withdraw them and start buying altcoins, while still hodling their Bitcoin!

wantjokull

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May be there is still some chance to grab the profits because bitcoin won’t stop here and it will keep rising even further. At least until the fork is passed away we are secure with prices more than 7000USD. Everyone want that coin so everyone will hold until then. SO its perfect time to buy more bitcoin but with afforadble loss only. That must be taken into consideration all the time because we all no crypto currency market is very uncertain and nobody knows what will happen before few days of fork and after few days of the fork. Better buy now, get some profit window and sell high during the fork.

Flor1982

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Quote from: traderperspective on October 30, 2017, 01:33:24 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 believe it will fall but in a very slightest margin because only few will sell their bitcoins specially the beginners that they want to be sure that their invested capital will be safe, Then if the bitcoin price will fall a little i think it will be an opportunity for some investor to purchase bitcoin at least at a cheaper than $7,300 as of today. Most of the holders now are so much trust the bitcoin specially after China ban and JP Morgan criticism bitcoin in which bitcoin become more stable that also this coming Segwit2x is nothing to be worry.

sangwookie

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Put it all on the line and go for broke

Quote from: MissionPhailed on October 30, 2017, 05:03:53 PM

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.

I think Altcoins will take a long time to recover. They have some great ideas but I think corporations like Apple, Airbnb, Uber and others will start to make their own cryptocurrency like what Amazon is trying to do now.

theborngeek

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DrGuns4Hands

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thanks for all your strategy. I'm afraid that this coming fork the price can crash at any time because Im sure that there willbe a panic sellers that can make the price go crash. so the best strategy before the fork is to hold your coins then we sell out all our coins so the price can dump and we could buy at low price again.

panganib999

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Quote from: MissionPhailed on October 30, 2017, 05:03:53 PM

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.

It make sense to hold your bitcoin until the fork already done for you to have more earning a part for your investments and tradings, but you could also sell a portion of your bitcoin for you to buy bitcoin when its price dump on the given fork on mid November, we all know that there will be going to have a new Bitcoin gold that could have a value on the market and can also give you a time to hold another form of crypto-currency good for transaction and the process of bitcoin system in terms of stock movement and volume issues.

Crypto Capital

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Quote from: aervin11 on November 03, 2017, 09:53:25 AM

Quote from: bamb on October 31, 2017, 03:37:24 AM

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!

But holding alone is not profitable.

Holding is profitable, just look at the growth in most of the established currencies over the past year. Actively trading in a smart way can be more profitable overall but for the average joe, holding and accumulating really is the best strategy if you don't have time to chart gaze, otherwise you'll probably get burned.

aervin11

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Quote from: bamb on October 31, 2017, 03:37:24 AM

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!

But holding alone is not profitable, I mean what do you do to make profit out of your current bitcoin? Can you share when is the best time to buy ,sell or hold?

BlockGemini

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B2X [FUTURES] on CMC is up almost 92% in the last 7 days. Not sure how accurate this is a potential indication of a strong consolidation post fork.

I will continue to stand pat and hodl everything!

glowing10

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Quote from: starblocks on October 31, 2017, 09:46:16 PM

Lots of chart analysis suggest it will continue to go up so I'd just buy if there's any significant dips even sell some if there's a nice spike before it forks

Moving upwards is on the cards and with every dip a small or as per your appetite a buy should be on the mind so that before the fork you have a good amount of btc and can make some good short term profits in the coming time as prices is set to surge further towards 8k mark.

KingdomHearts

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Quote from: CyberKuro on October 31, 2017, 07:42:11 AM

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.

Altcoins boost up whenever there is the some bitcoin fork coming up and that is why people sell out BTC in order to grab famous promising altcoins likeEthereum, monero, litecoinetc to get profits. However this pump is for a very short duration and basically a push for bitcoin to rise up even more than the past. The best is to buy make more bitcoin by selling it before the fork and buy it when the price is very low and hold it on.

kamBlanV

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Quote from: traderperspective on October 30, 2017, 01:33:24 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

the strategy I'm using right now is just holding back the Bitcoin I have.
Hold and maybe I will get some new coins result from hardfork.

shesheboy

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Quote from: traderperspective on October 30, 2017, 01:33:24 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

my strategy before the november fork is to stock up much bitcoins that i recieved in signature campaigns,bounty campaigns, social media campaigns and faucets. in this way , i can still maximize my available balance so that i can get the equivalent forked coins (bitcoin gold ) but after this i will probably sell off both my bitcoins and bitcoin gold because i foreseen that there will be a price drop in the next following days.

starblocks

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Lots of chart analysis suggest it will continue to go up so I'd just buy if there's any significant dips even sell some if there's a nice spike before it forks

cryptocrusher

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I think this time is a much harder decision than with bitcoin gold because it seems to be a far more serious fork. I still would advocate stocking up on bitcoin for the most part in anticipation of the price increasing, as well as selecting a few alts that you're prepared to hold for a fair while that are currently cheap.

crptotrader007

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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.

CyberKuro

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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.

xebecstyx

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Quote from: traderperspective on October 30, 2017, 01:33:24 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

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!

kotajikikox

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Quote from: traderperspective on October 30, 2017, 01:33:24 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

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.

bubblebit

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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.

ShadowBits

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Quote from: traderperspective on October 30, 2017, 01:33:24 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

make my altcoins all btc and wait for the dip of all coins.

Shenzou

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Quote from: 13abyknight on October 31, 2017, 05:23:56 AM

Quote from: traderperspective on October 30, 2017, 01:33:24 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.

13abyknight

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Quote from: traderperspective on October 30, 2017, 01:33:24 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!

nicolas1979

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Quote from: traderperspective on October 30, 2017, 01:33:24 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 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.

zarados

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Quote from: Herbert2020 on October 31, 2017, 03:32:38 AM

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.

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.

bamb

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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!

Herbert2020

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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.

arpon11

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Merit: 282

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.

aoihs00

sr. member

Activity: 700

Merit: 300

Quote from: traderperspective on October 30, 2017, 01:33:24 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

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.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

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.

exhu83

newbie

Activity: 1

Merit: 0

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..

GreatOrchid

legendary

Activity: 1092

Merit: 1001

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.

SCCFX

sr. member

Activity: 307

Merit: 250

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

MissionPhailed

hero member

Activity: 583

Merit: 503

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.

pitiflin

hero member

Activity: 980

Merit: 507

Quote from: traderperspective on October 30, 2017, 01:33:24 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

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. Undecided

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.

traderperspective

member

Activity: 94

Merit: 10

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

Topic: Trading strategy before the fork in mid-nov (Read 1287 times)