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Bitcoin => Bitcoin Discussion => Topic started by: Millzp0 on October 26, 2017, 08:36:09 PM



Title: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Millzp0 on October 26, 2017, 08:36:09 PM
positive & negatives , cause & affect, action & reaction


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Avity on October 26, 2017, 08:46:22 PM
Taking this last gold fork as an example.  The price went higher leading up to the fork, then tapered off directly afterwards... and now it rose up again.  So I would say given that example that it would have been nice to invest a month prior before the fork starts to gain momentum.  Then sell directly after, waiting only a day or two before reinvesting. 

In general just look at what happened in the past and play that hand for the future.  That is the best predictors, plus media output... however no one really knows what's going to happen short-term.  Long-term... its a great investment. 

Good luck!


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: probitcrypto on October 26, 2017, 08:49:36 PM
Taking this last gold fork as an example.  The price went higher leading up to the fork, then tapered off directly afterwards... and now it rose up again.  So I would say given that example that it would have been nice to invest a month prior before the fork starts to gain momentum.  Then sell directly after, waiting only a day or two before reinvesting. 

In general just look at what happened in the past and play that hand for the future.  That is the best predictors, plus media output... however no one really knows what's going to happen short-term.  Long-term... its a great investment. 

Good luck!
Your idea is only good if we can implement this.
See the major problem of this kind of fork is that they donot even include replay protection so when you want to seell soon after the fork.
You might end up loosing all of your bitcoin so be careful.thanks.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: FrueGreads on October 26, 2017, 08:56:08 PM
positive & negatives , cause & affect, action & reaction

I usually just hold but if you really want to trade, and from what I've been observing in the last two forks, your best strategy would be to buy right now, as the price should increase. When the fork happens you can sell some of it, because the price should drop a bit, and after the price drops you should by again because it will probably recover.

No one knows if this will happen again or not, but there are good reasons to believe that this will be normal behavior if nothing bad happens.
People buy bitcoin before the fork to get more coins out of the fork. Then they usually cash out to collect their profit, and then they buy again at a lower price showing their support for the main coin, and boost confidence, and bitcoin recovers again.

Test it with small amounts. Apparently we will continue to have plenty of forks this year (bcash, bgold, B2x, and now bitcoin silver)


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: beatleap on October 26, 2017, 08:58:34 PM
Just have a look at the market yourself you'll see that investing a few months before is a good time as well as right after a fork when people are dumping their coins.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: squatz1 on October 27, 2017, 12:06:39 AM
Well for this sort of question it really matters in what fork we're going to talking here and the circumstances surrounding it, as the Bitcoin Cash fork (not the BS one that just occured) was a fork that actually had support from the miners and could've turned out to be something if the community stood in line and followed along. This is the part that scared people, as they didn't know if they were fully going to be able to takeover Bitcoin as they had the 51 percent, and the fork.

While Bitcoin did rise in price, anything could've happened if the fork would've went the other way which is the reason that I didn't hold any Bitcoin during this. Some people held it, and those people made a great deal of money.

Though this isn't the same when it comes to the Bitcoin Gold fork, as this is buggy, bullshit code, bs devs and so on and so forth. So this shouldn't be effecting the market in the least


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Filmmmakerr on October 27, 2017, 12:40:06 AM
IT all depends, do you want to get a free coin for the btc you hold? or do you wanna wait for the storm to settle down before investing? The price is def gonna pump prior to the fork and drop a bit after the fork but no one really knows how far its going to fall. Plus, who knows which bitcoin the majority of people decide go with? Even though core is the main one thats supported by the majority.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: StockBet.com on October 27, 2017, 12:50:12 AM
Good question.

Before the August fork, Bitcoin declined.  After the August fork, Bitcoin rallied.

Before the October fork, Bitcoin rallied.  After the October fork, Bitcoin declined.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: AT101ET on October 27, 2017, 12:53:35 AM
Either is the answer. Bitcoin is here to stay so the earlier you buy in the better.
Regarding the forks though, if you want to make a little extra free cash then I’d say before.
Although the price slumps slightly, you end up with a wallet containing free coins (like BCH and BCG) which you can then sell before watching BTC rise to pre-fork values again. It’s basically a win win situation. :)


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: GreenBits on October 27, 2017, 01:05:01 AM
Taking this last gold fork as an example.  The price went higher leading up to the fork, then tapered off directly afterwards... and now it rose up again.  So I would say given that example that it would have been nice to invest a month prior before the fork starts to gain momentum.  Then sell directly after, waiting only a day or two before reinvesting. 

In general just look at what happened in the past and play that hand for the future.  That is the best predictors, plus media output... however no one really knows what's going to happen short-term.  Long-term... its a great investment. 

Good luck!

This EXACTLY. News prices into bitcoin almost instantly, and totally, Its aside effect of markets always being open, and the relative maturity of the average investor in this space. I digress. You want to be holding coins at least a month or two before the fork is going to happen; at the very least you will profit off of the increased demand as people position for a snapshot. Its hit or miss closer to the snapshot; the capital outflows from bitcoin into the new alt, and other depressed alts (people sell alts to position for the snapshot.).

After, because these alts always fail, we see a resurgence of interest in btc, as indicated by the bump in price  ;)


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Ultegra134 on October 27, 2017, 01:06:53 AM
Taking this last gold fork as an example.  The price went higher leading up to the fork, then tapered off directly afterwards... and now it rose up again.  So I would say given that example that it would have been nice to invest a month prior before the fork starts to gain momentum.  Then sell directly after, waiting only a day or two before reinvesting. 

In general just look at what happened in the past and play that hand for the future.  That is the best predictors, plus media output... however no one really knows what's going to happen short-term.  Long-term... its a great investment. 

Good luck!
I totally agree, the last two forks have shown that it's better to purchase a few weeks/month before the fork and then hold till a few days before the fork. Let's not forget that before both forks, Bitcoin achieved a new all time high record. Thus, buying some weeks before the fork and then selling just a few days before it happens has shown it's the best option so far.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: tegarp90 on October 27, 2017, 01:13:50 AM
in my opinion best time to invest btc is 2-3 weeks before forks.
Because the price of bitcoin will touch the lower support and that's the best time to buy.
The price will be all time higher 1-3 days before forks, so you can sell at that time or you can save it to receive the "child" of bitcoins


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: dothebeats on October 27, 2017, 02:01:16 AM
I'd say prior before the event. Looking at the charts, there would be a gloomy day in which you can buy coins at a discounted price, a slight push forward, retrace and then after the fork, price will jump. Also by buying before the fork, you'd be hitting two birds in one stone, so all in all you'd be in a win-win situation if you invested before any upcoming forks.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Spendulus on October 27, 2017, 02:11:03 AM
positive & negatives , cause & affect, action & reaction

Ignore the forks.

Invest in AND USE Bitcoin if you believe in and want to further the idea of people moving to freedom from debt based currencies, freedom from national fiat money schemes and guys in three piece suits in skyscrapers telling them....

"Trust me."

That INCLUDES freedom from the new crowd of guys in three piece suits from skyscrapers who are trying to gain control of crypto currencies or enrich themselves from it.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: ajmapalo22 on October 27, 2017, 02:13:17 AM
I cannot say that bitcoin will drop before the fork or after the fork if you are waiting for the price to go down so you can buy and invest what is obvious today is that the value of bitcoin reach $6200 and I'm sure many investors are now thinking to sell their coin because they are afraid that bitcoin might drop during the fork. It's up to you if you want to invest now just be ready to take the risk.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Carmen01 on October 27, 2017, 02:33:54 AM
positive & negatives , cause & affect, action & reaction
this august fork give bitcoin so much bad experience in price its going so low by 70% but after that the bitcoin recover the price this september

 i think the positive in that experience is you can invest after the fork

 I think the negative in that experience is making many investor panic


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: btc-facebook on October 27, 2017, 02:51:02 AM
I'm still hold bitcoin and try to sell partially if I've reach profit.
As I can see when forking is happening, whale trader try to affect bitcoin value globally but I've commit to myself, that I will keep my most of bitcoin until next 4 years


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: pawanjain on October 27, 2017, 03:30:41 AM
It's actually better to invest in BTC before any fork happens. The price of BTC keeps increasing day by day regardless of the fork.
The price declines only if there is a negative news in the market that spreads among the people and makes an negative impact on the price of BTC.
So, it's better to invest in BTC as early as possible and if we know there is an upcoming fork then it's the best to put as much as money into BTC because that's what people are going to do which makes BTCs price to jump before the fork so that they can get a good return for their investment.
After the fork the price usually goes down as people sell their BTC for fiat and Alts.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: no0dlepunk on October 27, 2017, 03:43:47 AM
Hmmm. I actually bought bitcoins before ETF rejection and I haven't sold these coins until now. When it comes to forks, if you are after BITCOIN itself then you should buy after the dump which normally occurs after fork. However, if you want to get free money from the fork coins then you should buy bitcoins about a month or two before the fork, because normally the price goes high crazily weeks prior to that.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: rony01941 on October 27, 2017, 04:22:50 AM
Bitcoin's mission is to give to the people who understand Bitcoin very well. They will be able to spread Bitcoin very easily. As a result of this mission, the cost of Bitcoin will increase, so I think that the demand for Bitcoin will increase.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: jtipt on October 27, 2017, 04:31:25 AM
positive & negatives , cause & affect, action & reaction
Prior the fork, but not few days prior, at least a month before as prices wont had risen because of prior the fork buying. This is a good move to do because obviously you get the forked coin for free even if its not much in value you will still get something. Buying after doesn't make sense is just like buying BTC on any other day.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: DoublerHunter on October 27, 2017, 04:43:55 AM
It is best for me to invest in bitcoin prior to forks because that is how you will be buying bitcoin and getting a free airdrop coin because the airdrop coins or forked coins are created because of the hard fork or the fork that will be going so it is useless to buy bitcoin after the forks because you will not get like a rebate or instant money back so be wise and buy bitcoin prior to forks.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: BitcoinHodler on October 27, 2017, 04:50:25 AM
positive & negatives , cause & affect, action & reaction

it is hard to tell because all forks doesn't have to be like each other and certainly all of them don't have the same result.

positive:
you are investing in bitcoin!
you may get the forked coin and make additional profit
price of bitcoin may go higher after the fork and you miss out if you haven't bought before it

negative:
price may go down, but it will be temporary. the negative part is that you may not have any more fiat to buy in the dip.
you may risk losing bitcoin if the fork doesn't have replay protection or you make a mistake or their wallet was malware.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: hatshepsut93 on October 27, 2017, 04:53:34 AM
positive & negatives , cause & affect, action & reaction

The price of Bitcoin increases as the fork date approaches as people want to get free coins to sell for a profit - so if you want to invest before the fork, you should do it weeks or months before it. Depending on the fork, you can expect to sell them from 0.01 to 0.15 BTC - that's 1-15% of BTC value after the fork.
Then the price might slightly decrease right after the fork as a reaction to lose of potential to get free coins - so you can buy it like 5% cheaper than before the fork day.
So, it's better to buy before the fork, but it comes with a risk of going through fork which might be disruptive and have negative impact on BTC short term value, you will also have to either deal with untrusted software to claim forked coins or keep your coins on exchange - so there's some risks of losing your coins if you are not an experienced user. Those risks might be small, but the negative impact would hurt a lot.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: aizen10 on October 27, 2017, 05:00:02 AM
positive & negatives , cause & affect, action & reaction

prior to invest before the forks or after the forks are has no different, whether you choose to invest before the fork or after the fork are almost the same. because we all witness the recent fork and the positive and negative effects of it on us. but in the end after the fork, bitcoin will continue to pump and growth are more successful, bitcoin has more positive than negative, the cause are dumpaton of new coins (BTG), and the effects are, bitcoin pumps more and the investors gain more profits after the fork. the action is to hold bitcoin and the reaction is to buy/bought more bitcoin for the future preparation for the biggest change.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Chrisdstar on October 27, 2017, 05:05:36 AM
It can go either way but before is better
If you invest before the fork, you stand a chance of receiving the new coin depending on the wallet you are using.
But if you are investing because of the price, it's better to invest before the fork, because after the fork,bitcoin price normally rises.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: buwaytress on October 27, 2017, 05:11:30 AM
I'd be extremely cautious into playing into the "pattern" as established by only two forks in the space of less than four months. Yes, buying demand raised Bitcoin prices and then sell-offs immediately after the fork caused some downward pressure, before a strong recovery. But not all forks will be created equal I think. They won't all have the same economic incentive to miners, they may not all get support from exchanges, and there may simply be no interest from the community.

Even if the fork has all the above (as in Segwit2x), you don't want to get caught out by the strategy of "buy before fork, sell right before fork, buy back after". The safest is to simply just hold, sell the fork coins. Your Bitcoins are the most likely to go up in value.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Cipherr on October 27, 2017, 05:16:43 AM
It doesnt matter, there are diminishing returns on this shit.


You can't just fork a coin forever for infinite free money. That's not how the market will allow it to work. Each one will be diminished from the previous. Look at gold, it never even got close to the 1k peak of Bitcoin Cash. And 2x is going to die on the vine faster than ALL of them. When Silver comes in December, I'll be surprised if people even bother or know about it at all.

They are diminished already to the point of not mattering. The time to pick up on the forking patterns was probably back with Ethereum classic or whatever.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: rodskee on October 27, 2017, 05:17:56 AM
positive & negatives , cause & affect, action & reaction

i donn't seeing into negative affect i always see the possibility everytime into positive thinking in our life, i suggest with mate always look yourself in the positive ways to become successful, about the incoming fork i always believe the strongst crypto is bitcoin i can't jugde today but i say always think positive, my prdiction bitcoin still reamin his capability as strongest cryptocurrency, invest your bitcoin anytime but you need to learn first where the best investment for you to avoid risk.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: jakezyrus on October 27, 2017, 05:19:47 AM
it is hard to tell because all forks doesn't have to be like each other and certainly all of them don't have the same result.
positive:
you are investing in bitcoin!
you may get the forked coin and make additional profit
price of bitcoin may go higher after the fork and you miss out if you haven't bought before it
Quote
you are investing in bitcoin!
not all people have the funds to invest in bitcoins.

Quote
you may get the forked coin and make additional profit
not all can get their forked coin unless they have their bitcoins on a supported exchange or wallet that has their own private keys.

Quote
it is hard to tell because all forks doesn't have to be like each other and certainly all of them don't have the same result.
no, not really because forks are mean to work that way and that is their nature , so it will probably has the same result as the past.

Quote
price of bitcoin may go higher after the fork and you miss out if you haven't bought before it.
i dont think so, price will likely to decrease after the fork has been activated because majority of people will just selling off their bitcoins and also their bitcoin gold and this will greatly affect the value of bitcoin and may tend to go down or decrease.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Indrawan77 on October 27, 2017, 05:23:40 AM
I personally like to invest before the fork, the first reason because I can get a free coin amd at one point before the forking,  bitcoin price will fall down and then after the forking,  it will be gaining momentum to go up, so I can get a lot of profit if I invest before forking


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Maveth13 on October 27, 2017, 05:26:01 AM
I think it is more on how are people reacting to these forks. In the bitcoin cash fork, bitcoin's price dropped before and during, then increase fast after a while. But this time, nothing much had happened, people expected an airdrop so they bought more bitcoins to increase free coins. This increase in demand of course increased the price.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: Kakmakr on October 27, 2017, 05:30:21 AM
In general, if you buy bitcoins before a fork, you will get free coins after the fork. It is therefore recommended that you buy as much bitcoins as you can before  the fork to increase the free coins that you will receive from the fork and then to sell it after the fork.

A lot of people in my area sell the forked coins after the fork and keep the price value of those forked coins in the bitcoins they bought prior to the fork. < their plan was never to keep all the coins they bought before the fork >


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: SvenBomvolen on October 27, 2017, 05:42:04 AM
Investment means Bitcoin buying and we all wish to buy it as cheap as possible. But your "to fork or after" can't be measured by some one standart. Here you need to watch the crowd. If before the other fork people were scared and sell their founds (that was the prefect moment to invest in Bitcoin), which followed the big price's drop; than before the last fork the price was raising before the fork, cause of everybody wanted to have as much free Bitcoin Gold as it possible and the moment to invest in Bitcoin came right after the fork when the price lost almost 1000$ in a moment.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: azhar700 on October 27, 2017, 05:50:12 AM
bitcoin prices have bounced higher, if you expect to buy bitcoin at the current low price seems to have been impossible, unless buying after fork occurs. because in my opinion there will be a decrease in price on bitcoin after fork. but if you want to buy bitcoin now, you will get bonus bitcoin gold, with note "you have to buy with high price"

all decisions remain in your hands.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: reliable on October 27, 2017, 05:52:10 AM
If you think that fork which is going to happen and create a new coin will have a good value then prior is better as you will get the new coin for free and it will have some worth in the market. So after the fork if btc price keep rising you will have a double benefit and good profits as well.


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: mondobitcoin on October 27, 2017, 06:56:17 AM
I think that is better to invest in Bitcoin before forks, because usually the price is lower
But it depend case by case


Title: Re: is it better to invest in bitcoin prior to "forks" or after "forks" ?
Post by: michellee on October 27, 2017, 07:49:32 AM
positive & negatives , cause & affect, action & reaction

the positive is if we buy bitcoin when the forks is happen, we can buy at lower price and the price will be increase after the forks is finished but if we buy bitcoin after forks, the price is in high price and will be down when the fork is happen. i think the cause and the affect is related with the price and the price will be up and down too often so there is so volatile and to risky for us to buy and sell. the action and reaction will be happen when there is any bad news or good news is happen in the market or from people that spreading bad news.