Bitcoin Forum

Being a long term bitcoin holder i am little scared.some people are even saying bitcoin might fall to zero after August 1st.is that even a possibility?should i sell my bitcoins to cashout profits and wait it out? or should i keep holding? i want to hold bitcoin for another 4-5 years.so if the bitcoin prize falls after August 1st which is a very high chance then will it ever recover? what's the safe thing to do?

How many do you have?

around 45

Don't fell to it. There won't be any major fuck ups related to scaling upgrade. You will be stupid and paranoid if you decide to sell your coins.
Instead just laugh at the nonbelievers and buy more coins, this is probably the last chance bitcoin will be available at price lower than $3000.
Just remember don't keep your coins online, always make sure that you have access to your private keys.

I wouldn't be worried. Just ignore all the fud coming from trolls and related drama loving wackos. In case everything doesn't play out in the favor of most people, we'll likely face a short term bear market, but that will clear once everything more or less is being pushed to the background. If you for real have been holding your coins for 4-5 years thus far, you have been through many massive pumps and dumps already, no big deal.

Looks to me like you just came back after a long period of inactivity.

When you weren't paying attention to your holdings, they went up very dramatically in value, didn't they? 

During that time that you weren't paying attention, I can guarantee you that there were many different situations in which people were saying the price could drop to zero.  If you had sold during that time when everyone was scared, you would have missed out on a big opportunity.  The same applies this time - just don't do it.

Worst case scenario is that there's a bear market.  If that happens, you don't sell, you buy more and don't give into FUD (provided you can afford to lose it).  Ideally, you'd ignore the whole situation and wait until later.

The time to sell is when you need the money.  Otherwise, while I'm no financial adviser, I wouldn't recommend it.

Being a long term holder should teach you not to trust random people writing shit on internet forums. ;)
I've been in the crypto world for just 3 years and I've seen my share of FUD, haven't you? Those people are hoping to scare people into selling before that date, because they know there's going to be a huge pump after SegWit, just like there was after LTC got it done. If you're scared sell now, don't wait for a possible dump before the 1st, because if you're uncertain, you might overreact and sell at the bottom.

well i think it is not the true news that bitcoin will be fall to zero after 1st august, i don't think that this will happen and also think yourself that how the high price of bitcoin will fall to zero, just hold it because the price of bitcoin will quite high after august 1st, and if this happen then i am sure the price will again recover because a lot of people are related to bitcoin due to some reason, they will not remain.

If you are a long term holder, just ignore the activity around Bitcoin and sit tight. Even if there is a split, you will hold coins on both chains. In the end, at least one of them will succeed and you can cash out your coins.

Pretty much this, besides I don't get the fear of August 1st because we are pretty much guaranteed to get Segwit now despite what you may feel about certain factions in the community. All I see after August 1st is a big take off.

Just move your bitcoins from exchanges if any to personal wallets like hardware wallets or paper wallets and relax. Nothing major gonna happen. If a fall happens that would happen for a short term. SegWit is happening for the betterment of bitcoin not for degrading it. Price will bounce up that is for sure.

Actually I'm also scared on what's possible to happen. As I'm reading some insights about the upcoming Segwit activation. And you've got much to hold and I'm not even on the half of your total bitcoins but I'm truly worried about it. Many are saying it's better to convert it to cash and when everything is settled just buy.

if you have made the mistake of investing more than you can afford to lose then start selling until you reach a level that you feel more comfortable with. reach what you can afford to lose.

and as for that date, at this point we can not really say anything. all we can assume is that bitcoin is too big and all the people involved (miners ,... ) have invested millions of dollars and they won't risk killing their investment like this.

Truts me man, bitcoin will never go near 0 even if a hard fork was to be initiated, and it might not even happen after all the hype. I remember back in April everyone was already panicking about the fork, and people said it was going to happen this week or the next. But it hasn't happened yet.

I mean it all ultimately depends on what you're comfortable with. If you simply cannot afford to lose the money that is in bitcoin right now and want to liquidate it for cash, then go for selling before the fork. Price is still decent, even though it is 15% down. What i would do is though, sell 30% and hold 70%. I suspect that before the fork there will be panic, and people will be dumping a lot of their coins. So then you can use your 30% to bring down your average entry point.

And 45 btc is a lot, make sure you store it safely. If you hold your own private keys then you'll end up with tokens on both blockchains, meaning that the actual value of yoru coins probably wont change much even after the fork.

Panic situations were quite common with bitcoin and now this time it's happening through segwit. So maybe the panic now too will be used by the big volume holders. Because they cannot cash out everything, so they will use the opportunity to add more to their wallet. Even if the splitting gets majority possibilities users won't be affected big in my view.

There is so much speculation that 1st of August there will be drastic price declines. But that is still a matter of speculation because we do not know what will happen. It could be just people who want to get the benefits that spread this issue.

This news made me think as well. Hmm but my decision ended up collecting my coins and keep it in one wallet, the one that I have the private key. I thought that it wouldn't be safe to leave it on exchanges before Aug.1 .  That being said, I want to hold rather than sell and I'll just wait and see what will happen on that day.

I think should sell 50% to FIAT or USDT if have profit in past months, hold cryptocurrency until end August (with me end August is the time ending bearish trend) look like as a gamble, risky and can loss more money. Sell 50% and relax with this money, after this event we can comeback :)

Shouldn't you be happy that bitcoin finally scales, though?

UASF is supposed to be a solution to the current issues with bitcoin not able to scale, and high transaction fees. So after august 1st, if the soft fork goes well then id say that bitcoin price will actually increase as a result of people abel to use it for micropayments again.

Obviously there is the risk of a hard fork happening, and it is likely that some sort of hard fork will be implemented. I really don't think that it's going to make much of a difference because in the end there will be one distinct winner out of the 2 forks, and the amount of time two forks are running simultaneously together is small. Hold your bitcoin, i'd say. Don't sell now because it is likely we'll retest $3000 soon, and if you want to sell, sell then when price is close to or above $3000.

As far as I've read and heard, the hard fork doesn't really mean bitcoin will go back to zero. I don't think they would allow it especially investors. There might be a possibility it'll divide into two. But I don't think long term holders should be scared of what's coming. I myself am a holder of bitcoin and would still HODL my bitcoins and just leave it there for the next 2 years or so.

Yes, hard fork simply means that there will be a snapshot taken and then from that point onwards, two ledgers will be kept, separate from one another.
Uh, what? I agree that bitcoin won't go to zero. But there is no central bank behind bitocin that will rescue its price if it were to go down.

Agreed, Ethereum's hard fork was originally thought to be the end of ethereum becasue ETC was essentially catching up with the actual ETH very quickly. But now, there is a decisive winner(the actual ETH). As i said, bitcoin will probably experience something similar, it is likely that two chains will be running simultaneously for a while, but towards the end one chain will succeed whilst the community interest for the other one dies off and eventually nobody uses it.

My thoughts suggest it depends what you are holding for.

For me, I am saving for a house and plan on building in 2 years time, without a loan!

I have most of my savings in fiat in a high interest savings account and I have BTC and ETC. Not enough that if if did hypothetically go to zero that it would affect my plans. But enough that if it does go to the moon, I wont feel like I was an idiot for not at least investing some.

When we started saving in 2013, I was considering piutting it all in BTC, and had I have done so. I could definately have built already and bought a new electric car.

But now it is over 2k a coin, I doubt the same scale of growth can happen in a couple of years... I certainly hope does however.

if you goals are a shorter term than that, then it may be worth cashing out, or not... But longer term I dont think there is much canc of it being worth less than it is now. I am not guaranteeing that however...

If you are worried, cash out a percentage where you feel  like you are on top of it.

45 coins is a lot of money, I could have had that many too but I am not wealthy enough to feel comfortable to do that.

It is all about balance.

Hodl if you cana afford to hodl since I dont think august 1 could effect the price of bitcoins and the august one will just be the same as normal days on bitcoin and even if there's split issue on it Im sure that bitcoin holders will just go for it and grab more bitcoins since at the first place this coin has great adoption and it will spread for more years to come.

Yes, keep it more. Bitcoin is still just a fetus. Let's watch what it does when it's truly given space to thrive.

i think you should hold. have the guts and hodl. no one is in control of your future, have the balls and decide now or regret later! better read and research it by yourself and dont listen to others who's bashing btc.  

I dont think history will repeat this time, bitcoin is now ready to fly even the hard fork is nothing but an opportunity to buy cheap. Don's tell me afterwards that i did not hinted you all for the buy opportunity  ;)

I do not believe you but if you did have that amount and a split in the blockchain happens after August 1 then your Bitcoins double in amount. You can sell your coins in the dying chain and continue to hold the rest in the surviving chain. Or it could happen like Ethereum and 2 chains survive. You profit whichever way.

Hold.

Try to diversify your investments to keep you safe from all the situations.
In part you keep the btc, in part you convert it to other coins (ETH, XML, LTC etc etc) and partially convert it to FIAT.
You wil lbe safe in case all remain the safe, or bitcoin will dump/rise...

Don't you think UASF is only a temporary solution?They will come up with another solution later to solve this scaling problem when the number of transactions will rise to the point where it doesn't matter if the signature's are removed from the block.

Why it's hard to believe?i bought most of my bitcoins when the price was 450$ and if the split do happens then how will i know which will be the dying chain?i think safe is too just hold till one chain completely dies instead of taking a risk of selling a coin in 1 chain which may result in selling a coin in surviving chain.

If you really have 45 Bitcoins and could do with the fiat, then it would certainly be safer to sell some of them.
I am guessing that your 45 Bitcoins are massively in profit, i.e. you bought them for less that $45k total.

Why not sell so that you have enough fiat that you are comfortable, but still well invested in Bitcoin for the future in case the idiots in charge don't manage to ruin everything!

Or divest into PMs or Alts, though I think alts are in a bubble and generally a scam.

Don't buy all at one time instead of start buying a small quantity at every dip. In the longer run, it will surely give a very good returns compared to any other share market investments. I will not sell any of my bitcoins instead surely will buy some more if prices go down some more and accumulate it to sell at a very high price.

Why do you act like a hard fork will take the price down? Hard forks aren't necessarily a bad thing. If SegWit2 happens to activate, then roughly 3 months after that a hard fork will follow.

If the support remains well over the 80% mark throughout this whole period, those that don't support this hard fork will have basically no other option than to hop over. I don't see much of a problem here.

Whoever told you that has probably never even invested in a cent into bitcoin. Bitcoin will always have a value, and this value will be above 0. Reason being that bitcoin is somewhat backed by the price of electricity and the miners behind it, and energy will never be worth 0 either.

The prospect of having potentially two chains running at the same time can indeed seem a bit unsettling at first, however if you think about it it is unlikely that they are going to be of equal support. It's either going to be Bitcoin core gaining majority support soon after the hard fork, or Bitcoin unlimited. Plus, we don't even know if the hard fork is going to actually happen or not. If the UASF goes smoothly, it'll pump up the price actually.

If it does fall though i'm sure that it's going to recover very quickly, this is something that bitcoin is known for, having an extremely short memories afetr a crash.

Safe thing to do? Sell all. But it's probably not the most profitable thing to do, nor the wisest.

because there is a misconception about forks. many still think a fork is equal to a split. but it is not, there is a chance of a split happening and just like you pointed out it depends on the support. if it is high enough, then no serious split will happen. but if it is low like 30-40% then it is high risk.

A very big hype is given for the particular day. Now the same could generate a panic among the users and will cause a sudden increase in the flow of bitcoin over the network. It's the wish of the holders whether to sell now or after aug 1st. If something good happens they'll worry that they have taken the wrong decision hearing the words of others.

H&H

Hold & Hedge

Hold your Bitcoin
Cover Dump risk by Hedging
 
Easy!

If you have held bitcoin ever since it was $100 per coin then honestly there is really nothing for you to lose. You'll be in profit no matter what happens, so if that is you then in my opinion you should probably just keep holding.

However, if you bought at $2000 and want to cash it out for the $500 profit made, then go for it. I think there will probably be a hard fork that is activated as a result of the UASF and it's going to tighten community tension that is already existing
Smart! Diversify your portfolio, have like half in bitcoin and half in fiat if you're ever unsure of how things will turn out :).

This. The percentage returns become smaller, the higher the bitcoin price gets. If you want pure speculation, it might be worth a small flutter on an alt, rather than pinning hopes on bitcoin doubling and continuing to double.

This is something everybody has to decide for himself.
In my opinion SegWit2x and this stupid BTC1 client is just another attempt to take control over Bitcoin, which imo will fail as the others did.Lots of noise, lots of FUD. I don't give a damn!
I take the SegWit part, however I will continue run my core client after that!Never ever will I run something the core devs where not involved with, what they not support and what is completely rushed. These NYA guys can fork off if they want and build their Jihancoin, Chinacoin or whatever, They will fail and come back.Many of them will destroy their reputation inside of the industry and won't be around anymore in 5 years!

Am i seeing this correct,did you say that you are holding 45 bitcoin,that is a huge amount of money right there,book some profit and make sure you invest some in other good projects and hold 20% of your assets for the future even if the scaling is a mess ,just do not panic as i hope everything will be fine pretty soon.

I would say that do not fear the FUD but I am not in your situation. I only hold small amount compare to you OP. If you are that afraid, then dump it. You are the only one who can decide on this, in the end it is your money on stake.

In my opinion, you should closely follow the news.

There are three possible scenarios:
1) Segwit2x succeeds. Then you have nothing to fear and you can keep your Bitcoins where you want (in your wallet or on an exchange), although some here don't like that solution. You can track the adoption on http://coin.dance/blocks. However, be warned that the transition is a bit complicated - what now is showing up as "Segwit2x support" is only an informal "signalling" without consequences. It gets interesting around July 21 when signalling for BIP91 begins. If BIP91 gets rapidly to over 80%, then Segwit2x is basically through.
2) Segwit2x fails, but BIP148 gets more than 50% of the hashrate. This may be a possible outcome if Craig Wright decides to block Segwit. In this case, most probably we will have two chains: the Segwit chain and the legacy chain, and maybe the often-cited "Chinacoin" if Bitmain releases a big-block chain. However, if BIP148 has majority support, I think you are safe on that chain because it most probably will have most of support from Core and the users and price should recover fast after some turbulences. Still, I would recommend you to transfer your coins to a real wallet before August 1, so you can sell also your "Chinacoins" if you want once both chains are cleanly separated.
3) Segwit2x fails, and BIP148 fails, too. This scenario is the most bearish of all, because we will have uncertainty which chain is the longest, and very probably the Bitmain fork will take place and even get some support. In this case, I would chose fiat. How to know if that will happen? Simply look if on http://coin.dance/blocks Segwit2x support goes under 70% and at the same time on http://www.uasf.co/ less than 20-25% are signalling for BIP148 (actually, it's about 10%).

Out of these 3 scenario as an estimate which do you think will be most probably happen? and which is the best scenario which should happen for the good of future of bitcoin?

BIP149 after.
https://github.com/bitcoin/bips/blob/master/bip-0149.mediawiki

No possible way it would fall to ZERO, I don't think. There MIGHT end up being two competing chains, but you'd have coins on both chains and could then decide whether you want to add to or remove your position in one of those coins after that date.

I will note, I've 'diversified' into a couple others, just in case a fork causes people to panic, especially if one of the teams decides to take their ball and go home rather than continue working to make their fork the more popular one.

Well until the Craig Wright speech on Future of Bitcoin I thought Scenario 1 (Segwit2x) to be adopted sure. For the moment, there is overwhelming support from miners and businesses. But it seems there are forces that would try to combat Segwit adoption (Craig Wright announced that he maybe will buy hashrate to block it).

So at this moment I think we have at least 50% of probability for scenario 1, but 20 to 30 percent for each of the both scenarios with chain split. UASF BIP148 is picking up a bit, so it could succeed (Scenario 2), but a "confusion scenario" where there are two or three chains with no one clearly dominating is also not unlikely, given the still pretty hostile atmosphere in the debate.

I for myself would favour Scenario 1 clearly because it's the only one we have at this moment where no chain split would occur. I think Segwit2x is not ideal but it's a reasonable compromise.

IMO, the Bitcoin prices will crash only if both SegWit2x and BIP148 fails. And in my opinion, the chances of that happening is less than 1% right now (this can change in the coming days, though). So I don't think that the long-term holders need to sell their coins.

why be afraid if bitcoin could actually rise again if ever the price of bitcoin price drop. I'm a long term holder and have some 10+ but still i wont sell my bitcoins because i know what bitcoin could actually do . so if all long term holder sell before august 1 do you think bill gates will sell his investment in bitcoin ? ofcourse not . because he wouldnt waste his time for that.

I'm honestly in 2 minds, I've no idea what to do. Even after reading the thread, I've not much idea.

Fiat, alts, BTC, mixture I don't have a clue. Nobody knows what it will bring.

I don't think hedging with alts would be a bad thing, only a small percentage, but might be worth it.

Will be keeping an eye on this thread throughout the month.

I don't think if what will be happen in the month of august but i still believe that we see more good result about activation of segwit..
We will see a large pump will happen in that month that i think if you sell your bitcoin before august 1 you will be regret soon and miss the opportunity to make any profit in that month. so for me i still hold bitcoins to make a good profit after august 1..

Yes now we are very close to August so better to hold our coins till that point of time and lets see what happens as everyone is speculating that price will go higher and if it does then that would be the best time to sell bitcoins to gain higher profits.

The moment you bound yourself for a long term holding, you already accept that you will deal in all the risk involved that will happen in bitcoin while you do holding. August 1st scenario is part of it and this will test your decision making skills.

Look, the output maybe price will decrease but on the other hand, it doesn't erase the fact or chances that price will go up more. Play gamble here mate because when you sold your coins and price increase thereafter, it will give you regrets, same as if you hold your coins much then price crash happened afterwards. Both ways have worst scenario so if I were you, I will put my bet based on my own positive thoughts.

I personally don't do anything, other than having a decent amount of fiat ready to be put in action at the time the price tanks heavily. If alts weren't really overbought as they are right now, a decent plan for worried people would more or less be the following -- 50% BTC, 30% LTC, 20% fiat. I would even advice Dogecoin. At this point it's not worth it to take any sort of position into altcoins. If you plan to take action, choose to liquidate a part of your coins and get fiat in return.

If there is a sharp spike occurring before August 1 (i.e BTC over $5,000 per coin), then the users can consider converting a part of their BTC holdings to fiat. A correction is likely to follow, and they can buy back their coins at a lower rate.

I am sorry but I did not mean to offend you. But put yourself in the reader's point of view. A newbie account saying he has 45, 50 or 100 Bitcoins could easily be a troll would you not agree?

I gave you the benefit of the doubt though.

I am agree with you that can't sell your bitcoin before the first august because if the activation of segwit in August its will cause in price and its price will be more increasing , and those person sell it before August, you are right they lose their money in high amount so those people want that his money is goes to increase he need to hold and wait to August 1. And I am sure they get more profit and you will be in first of all.

Despite the fact that there are so many speculations and rumors all over about what will become the market value of Bitcoin after 1st August meeting increase or decline? To this question one cannot completely rule out both the negative or positive outcome. But despite the fact that there is panic all over of what become the market value of Bitcoin after 1st August not to the turn of Bitcoin declining to zero

So many speculations around  bitcoin price on 1 august.. I  expect big whipsaw not only with bitcoin price also on altcoin markets. I will sell my bitcoins whenever  price hits 2800$ before 1 august .

I think its not possible that the price can be fall until Zero its impossible many people are holding bitcoins if its true right now we are seeing the price drop and sell their own bitcoin before the price of bitcoin drop down or crash..
Since miners allowed to activate segwit it means it can give as a good effect after activation  so we will see a normal growth or we will see burst increase after this coming august.. So holding and buy more bitcoin is a good choice..

I will be the one to sell it first when I see the price at this rate. But if there's no movement I will likely going to keep on holding. I want to keep my bitcoins until the price gets higher. I have high expectation for now but I know it's better not to follow that expectation because there's a chance that I can miss a lot of increase.

No. Every now and then bitcon proposal to improve the system of called bitcoin improvement proposals-BIP are presented. On august 1 BIP148 will be presented and some speculate may be forced to be implemented.

Some people who do not completely understand this are just confusing this with a big change and making the bitcoin holders afraid of august 1st. But if you take necessary precautions which are provided by many people online and are simple to understand you will be far away from getting your bitcoins in trouble.

If you are a true long term holder then there is only one thing you have to do, to keep holding, a lot of what you are hearing is nothing but unfounded FUD people want to create a bear market before segwit activation so their profits are even higher when the pump after segwit activation happens, if I were you I will keep holding no matter what.

You said you're a long term holder but it seems you're also a panic seller whose easy to believe into some fud or trollers. Better hold your bitcoin or split them into different offline wallets to prevent of losing some funds. We dont know if this is true but prevention is always better than cure. As August 1 is approaching many are anticipating the success of activation of segwit. Let us all be positive to this.

Dude you're trolling. You know better than to sell before August 1st. Tryin to buy cheap coins eh?

You are absolutely right, that's what people are starting to create a panic for those who will buy at a cheap price Bitcoin. But I too will take advantage of such moments and will wait for it to boil.

People aren't so easily to fall for whatever form of trolling or fud. Those that do end up believing that nonsense and start selling as result, are complete noobs. People can spread as much fud as they want, it won't affect the market at all if it isn't coming from the more well known news sources, or any other high level person. Just look at how desperately kwukduck has been trying to convince people that Bitcoin is fundamentally broken -- just look where the market is standing today. Nothing that happens on this forum will ever trigger the price to tank significantly, just forget about people spreading fud to buy cheap coins. This isn't the altcoin section.

I think you should to hold your founds. 1st of August doesn't play a role in my suggestion, because i think no matter what is going to happen with bitcoin's price after this date, I am sure that the price will grow higher. Everything because of new trend of bitcoin adoption by countries. This wave is raising and soon many countries will join, there is no doubt tat after such historical moment for all bitcoin's history the price will jump up.

Na 1 august is an important date and to be honest I have some of my money in fiat (EUR) and some of my bitcoin on blockchain.info.

This way I can benefit from a price increase but also an fork. Nobody knows what will happen but I hope I can profit either way.

Nah, i think it's impossible to reach $5,000 per coin. Actually i saw some people that afraid this Segwit August 01 will makes the bitcoins price decrease. I'm sure when the day is close to August 01, the market will get a huge spike on the bitcoins price. If you won't take a risk, just sell your coins before it comes.

If you are a trader or user Bitcoin from 2015, you can remember when August every years the price always drop down in begin the months, I not know the reason make that but this is really 100%. The history can repeat and in present, the price can falldown again after 1st August haha. Be Careful before 1st August

Make sure in advance whether it will actually proven of will be going down about bitcoin price. I think i don't think it will happen. Try consulting with someone who is more experienced and knows a lot about the future of bitcoin or can by finding definite information about the development of bitcoin in the future. Well after you're absolutely sure of it, do your best.

Those who declares that Bitcoin will fall to zero after the August 1st are people who are spreading false information or rumors so that some will panic sell their coins before that day. And once that happens, those trollers will be very happy because they will have the chance to buy more Bitcoin at a lower price. Those are just schemes so do not fall for them.

If you are planning to hold your Bitcoin for another 4-5 years then you do not have anything to worry about. You'll gain more after that.

I think OP means Chinese by some people, because they're the ones constantly manipulating every thing crypto related to have their profits.
What ever happens and if it really happens all the Bitcoins are still safe, price however could drop more than 50% but it will rise again when every thing goes as usual, any body saying to dump all of your coins is just trying to damage this currency and is seeking his own profit.
We can't have 2 or more than one BTC that is something every body should be reminded of apparently.

No, Just hold on :). Decision would be in favor of Bitcoin, but it wouldn't increase overnight. It would take a step back but that would be the time for you to purchase more rather than sell.

They should keep their bitcoin after August 1 to get benefit for which they keep that for long.In bitcoin You should keep it for long to get huge profit.From my  point of view, long term bitcoin holder should keep yours bitcoin after August 1.Many will say they should sell before August 1.But you should keep it after August 1

I bet there are only a handful of people something less than 20 long term holders and they are ironically the same tech guys behind the scene of crypto in particular bitcoin, they know very well better than us small or medium holders and actually they're the ones deriving all of this 1st of Aug story just to make us (small/medium holders) to panic and see a dead end for the future of BTC .

Right now when I look at the price charts all I can see is misery and despair, but at the same time I know what awaits crypto's future and then I can see and feel some hope.

No, you shouldn't sell you bitcoins before 1st August, just hold on to them because you are long term holders. The decision of segwit or whatever will be the decision will only increase the confidence of investors in bitcoin and isn't gonna be against bitcoin.

My position on bitcoin is long like several decades if there is the grand puba of hodling it's this guy. I am not phased by Aug 1 I think the dust will settle even the week before as mentioned in earlier threads Aug 2 we will find more than likely not a whole lot has changed and then a good bull run towards the rest of the year

No, and strap your monkey ass into your seats,  because after 8/1 we're heading for the moon.   Bitcoin has survived all sorts of adversity in the past and has only grown stronger.   I hate to sound like a cookie cutter sig shit poster, always blowing sunshine up everyone's asses but it's true.  You watch and prepare yourself.

We don't know what will happen this coming august 1 and i think there are still confused to me to sell my few bitcoins because here is possibility that the price of bitcoin can down a bit cheap so if the price was down i will buy more bitcoin with cheap price because the price of bitcoin increase after segwit activation it will experience of down but will increase it again back..

They won't, simply because they are a long time holder. They will wait for a price a price they think is enough for them. They are the kind of bitcoiners that has a lot of patience or just simply don't even panic if there is a price fall.

Not just being a long term holder but only due to the faith they are having with bitcoin ecosystems. I guess there will be no need to sell off our stash for the reason of segwit activation. Even prices will be falling due to this activation, we can be sure that bitcoin prices will bounce back in more quicker time so that we can see bitcoin prices will be continuing its progress toward moon :D

The price of altcoins are on dumping trend right now it is not a good sign to hold it until Aug 1 which is the split of chain of bitcoin. I'm currently lose too much amount on holding Altcoins and I wish that SegWit activation will give a positive effect in opposite oif what others speculate. :'(

I think you are right if you are a long term holder this is good after time you will see that you were right holding it

Me too, I will not sell bitcoin, the results of 1/8 will have a huge impact on the value of bitcoin, it may increase or decrease, but I always take the risk to pursue bitcoin.

exactly those who knows how to wait are the one who already gaining a lot and as you mention they are a long term holders so for sure they already knew how the market works and what would be the impacting factors that will bring the value up or down, bitcoin holders knew the risk and they are willing to take it for sure.

I agree with you btc will always be popular.
Those who spread the btc issue will be of value: 0
Is currently planning something very unexpected.
There is a possibility that they are just spreading the issue so that we immediately sell in a hurry "and those who will buy at that price too will decrease so that all become worried and they can take advantage of this situation so they become rich instantly the price began to soar.
If you want to be a long-term holder, put your patience ahead and always believe that your choice is the right one.

Yes anything can happen, we can not determine how the bitcoin price on the 1st of August. Things can change very quickly because the bitcoin price changes are very high, so anyway nobody will be able to know the exact bitcoin price changes, one of which will happen in early August.

OP has said that he is holding bitcoins for a long period and i am surprised how he is scared just like newbies.Any way,no need to get scared.Bitcoin will rise in rocket speed after segwit activation and the situation of those who sell now will regret for their decision.

http://www.coindesk.com/bitcoin-segwit2x-testnet-fork-scaling-proposal/ (http://www.coindesk.com/bitcoin-segwit2x-testnet-fork-scaling-proposal/)

Take it for what you will but I am taking no chances. I have cashed out my BTC. If nothing bad happens after Aug 1, I will simply buy back. Why take the risk?

because buying back or trying to do it at least is a lot of risk too. first you have to sell and cash out to your bank, since you can not leave anything on exchanges.
then if nothing happens after Aug 1 price will rise up so fast you can't even blink, then you come in and decide to make a fiat deposit. it will take a very long time until your deposit reaches the exchange (not to mention it may fall in weekend and take longer) then you will end up buying on top and miss a good chance.

not to mention all the problems that cashing in and out a lot of fiat to and from your bank has. specially when you are doing it to a bitcoin exchange!

I recommend cashing out some BTC based on your risk preferences, and leaving some amount in.

I am also long term HODLER. I don't plan to cash out.
I will risk all of it. If fork happens we may even make some profit from it. I would never forget that chance if cashed out.

How in the world are you going to profit if the fork happens? Do you expect to get double the coins for the same price? Your coins will double in number but the value will likely crash to 1/10th of current price due to widespread panic and loss of confidence.

1/10th? FUDer smell...

You say you are a long term bitcoin holder but you worry about people say about bitcoin. I don't think that you have a lot to worry about, but since you are scared I would suggest to you sell 20-50% of your bitcoin before August 1st and save the rest or invest it in any other income generators that help you to increase your bitcoin earnings.

to me i think they do not need sell bitcoin instead they should try to hold and even to buy more and more , i do not think that there is anything wrong for the long term investors to lose money in bitcoin investment and specially if they are holding bitcoin for long time.

This coming august honestly to me i am afraid what will happen in august because they are splitting bitcoin and activating segwit..
That i think it can affect a large price value this coming august..
Much better like other said hold your bitcoins .But you still need to save and usd for backup if the price was huge drop you can buy a cheap price of bitcoin to make a benefits if the price will increase back again after  august 1..

I didn't cash out to my bank account. The fiat is still with the exchange & there is no restriction in leaving fiat with exchanges. So just in case everything works out fine, it's a matter of placing the order and buying back the coins.

One thing is for sure, even if price increases, it certainly won't double itself within an hour. Those days are long gone. Bitcoin is too big now for that to happen.

Well as for me, I'm expecting for a major price move. Already cashed out a couple just to be on the safe side.

True but that does not mean that FUD can be a very effective weapon especially in markets that are not very well known, in coins like bitcoin, FUD is becoming ineffective, due to the size of the market but when it comes to altcoins someone may crash the market by spreading FUD and then take the opportunity to buy cheap coins after the market crashes.

Well instead of thinking about selling your Bitcoins, it is best to just hold it much longer. However if you are afraid of what might happen on the first of August then do some safety precautions and keep your wallet safe at all cost. There are guides out there that will help anyone, including you of course, on how to safely keep your Bitcoins. Refer to this link. https://bitcointalk.org/index.php?topic=2017191.0 (https://bitcointalk.org/index.php?topic=2017191.0).

P.S.
HODL!

I think it might be good to sell some coins.. It is too dangerous. There are safe havens like ethereum so they can go there..

I do not think there is going to be a safe haven, if bitcoin crashes I think all the cryptocurrencies are going to crash with it since confidence in bitcoin will being to erode too quickly and people will panic and will sell their coins at whatever price just to be able to get away from the crash, you are still on time, you get out of the cryptocurrency market or you hold and wait for things to calm down.

There are too many big investors, big money high profile investors, countries and %1's in it to fail. It's hit mainstream. It's not going to fail because there's too many connected people in it. Buy bitcoin if you can.

People always fear uncertainty and fall into panic, when things are not going their way. It would be inappropriate to give you a particular advice, because cryptocurrency market is unpredictable. No one knows, how bitcoin will respond to new improvements. It may go up as well as down. I tend to believe that the market won't be much affected after August 1st. At least with Litecoin it went pretty well.

For me doesnt seem. Because 1 Aug little effect on bitcoin prices in market. I still hold bitcoin because i think bitcoin exchange rate still continue to rise.

Bitcoin is the King of all altcoin. It price may vary day to day.But upto know ,their is no altcoin will replace the bitcoin. Due to trading, inversing and some factor, the price may vary.Many use bitcoin for their Online transaction ,purchase. If this continues mean.On one fine day,bitcoin will replace the dollar. Atlast replace entire paper currency from the society and make the bank no more.Long term bitcoin holder can sell their bitcoin after second week of August.

i think those peple who mostly hold their bitcoins for long term investment. then they most keep them in safe places, llike in desktop wallets therefore i think bitcoin are safe there and they do not need to sell their bitcoins, because i do not think that the price is not going to dump anymore still bitcoin has a very strong support. and they are not letting the price to fell down anymore.

I don't think that will gonna happen..bitcoin will not fall...I believe what will going to happen is just a part of proper appraisal for bitcoin...it's very unpredictable but as we can see bitcoin is somewhat stable cryto currency it's getting more popular and the demand gets higher..i still believe that holding bitcoin for long term investment will benefits the holder and it will increase to $4000 to $5000 before the end of this year

yes i am also hopeful that nothing like this going to happen. i am sure that bitcoin price will continue increase and very soon we will see the price trading above 4000$. i think that 1st August even will not effect the price of bitcoin too much, i think very soon after 1st August people will get their confidence back and they will try to invest money again in bitcoin.