Your plans for 1st august? - page 22.

hydeevanz

member

Activity: 182

Merit: 10

Quote from: OmegaStarScream on July 09, 2017, 09:43:44 AM

What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.

Because i'm just a newbie here, i am planning to be a member of this organization and get a high rank too

But then some member are aware that in month of August there will be a changes in bitcoins value, i don't know if it will increase or not. So my advice is to better keep the bitcoin and be positive to the good results

tigershark

full member

Activity: 223

Merit: 100

Quote from: OmegaStarScream on July 09, 2017, 09:43:44 AM

What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.

My plan is to hold what I have and wait to see what happens. I have already diversified with several altcoins and bitcoin. I don't have a huge amount of money invested and I am willing to hold for the long term so I think overall I will make some profit.

Tyrantt

hero member

Activity: 1022

Merit: 564

Need some spare btc for a new PC

Quote from: OmegaStarScream on July 09, 2017, 09:43:44 AM

What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.

To be honest, I'm not so sure either on what to do so I'll just try to gather up as many btc as I can and hope for the best and then just watch what the hell will be going on.

wizmo

sr. member

Activity: 658

Merit: 251

I would say hold it don't panic sell because bitcoins are in the market for many years and will be If you have many bitcoins in your wallet then holding it is the best solution rather than selling it cheap and hard fork is very unlikely.

mobilezz

sr. member

Activity: 602

Merit: 250

Quote from: Mandoy on July 09, 2017, 10:01:29 AM

Quote from: OmegaStarScream on July 09, 2017, 09:43:44 AM

What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.

We should not panic and sell our bitcoins or buy more bitcoins due to unclear results from that upcoming date. But to be sure let us take some safety measures and that is to split our investments. If you have 10 bitcoins on your wallet or on the exchanges the most safest way is to convert half of your saved bitcoins on your wallet to fiat currency while the remaining just save it on your wallet. This kind of strategy will lessen the risk of what is about to happen. If there is a pump on the value of bitcoins then you still have btc on your wallet and you will still profit. If the value of bitcoin will drop tremendously you have your fiat currency that you can use to buy bitcoins at its lowest value.

You are right, you need to invest in different assets. You can not keep everything in crypto currency, bitcoin.
I think that because of the panic on August 1, we will get a price collapse. And at this moment I plan to buy as many coins as possible, and then keep them

Mandoy

sr. member

Activity: 644

Merit: 264

Aurox

Quote from: OmegaStarScream on July 09, 2017, 09:43:44 AM

What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.

We should not panic and sell our bitcoins or buy more bitcoins due to unclear results from that upcoming date. But to be sure let us take some safety measures and that is to split our investments. If you have 10 bitcoins on your wallet or on the exchanges the most safest way is to convert half of your saved bitcoins on your wallet to fiat currency while the remaining just save it on your wallet. This kind of strategy will lessen the risk of what is about to happen. If there is a pump on the value of bitcoins then you still have btc on your wallet and you will still profit. If the value of bitcoin will drop tremendously you have your fiat currency that you can use to buy bitcoins at its lowest value.

Kronos21

sr. member

Activity: 434

Merit: 255

I'm not going to do. The situation after August 1, be sure to stabiliziruemost and all who sell their coins will regret it. The same situation with the dollar. Many people want to abandon it, but if you do it right then the price falls and you can stay without money. In order not to lose your money I until September I will not conduct any transactions, and then I'm sure all that will, as before, but the price of bitcoin will rise.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.

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