Bitcoin Forum

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

I sort of want to know the same thing.  It sounds like the Wallet I am using(Coinbase) is going to give 2x the coin.  So when the fork happens they will give you what you currently have in BTC, and also give you BTCx2.  Ex:  If I have 5BTC in my wallet, I will now have 5BTC and 5BTCx2.  I am thinking I should xfer everything into my BTC account to maximize this.  Thoughts?

The BTC price may or may not fall after the fork. Most important is whether this fork is going to have replay protection. Otherwise, you may end giving away BT2X when selling BTC after the fork..

It may not be wise to just arbitrarily conclude that the price of Bitcoin will drop right after the fork...it may or it may not.  If it did drop significantly, I would certainly not sell but try to buy some more.  I believe dips are buying opportunities.

It depends entirely on what you want to do, if you want to obtain short term profits then it makes sense to sell after the fork and be happy with your profits, but if what you want is to obtain the most profits you can out of bitcoin then I think that selling at this point in time is a bad call, bitcoin has not reached major adoption yet so selling when the price is this low does not seem like a good idea to me.

I'm thinking BTC will be going up nearing the fork and go down again after the fork, just like with the other forks.

I have no idea what will happen to the price after the fork.
Best case would be, like it did with Bitcoin cash, no price drop but an extra coin that has a decent value.
I think it's a gamble, whether to sell or not sell after the fork.

If you just want the free money then sell as soon as it is available for trading, with bitcoin cash the price was quite high when it was trading on Bittrex straight away but with bitcoin gold I think it hasn't done the same thing. 

If you do end up selling make sure that you move all your bitcoin to another address which you own before using your private keys anyway, there will be a lot of scam attempts out there looking to steal people's keys.

I am aware that there is a trend for people to dump their alts for bitcoin in these times, I'd like to think that now is the perfect time to pick up some cheap alts.

Why you want to sell after the fork because of your speculation that price will go down? It may go down but bitcoin is never failing us during forks. Have you been with other forks before? Look on what happened after those forks, there are some correction but later on the price did pumped rapidly. And besides don't you know that holding bitcoin for a long term basis is the best thing that you can do with your btc?

Its better to wait when the btc go up, because selling your btc at low price is a bad investment, for me I just keep my btc until the btc reached its highest rate then I will sell it so that it makes big profit for me.

Bitcoins are steadily increasing and crossing new heights and who knows that bitcoins would fall or rise right after the fork so its better to wait and keep an eye in the market.And i would recommend to hold the bitcoins as holding generally always is a good idea when you are not sure what to do and holding might cause you to earn profits in future.

I'd do it before the fork, people will be buying a lot of altcoins.

I  hold my Altcoins and Bitcoin. But I think if you want to make the biggest profit you can sell it right after the fork and then buy back in at a low price. Or you can switch to Tether. But it is necessary that the fork has a replay protection.

We didn't see a massive drop after Gold, so maybe selling is a risk. Depending how much you are planning to sell, you have to ask yourself is it worth the gamble they will go down rather than up for a few $100 gain per coin.

My personal holding i pretty small so I am hoping for the price to drop a fair bit briefly so I can pick some up at a cheaper rate

Well the price of bitcoins is one of the things which make no sense to me. Most of the time, whatever I expect, the exact opposite happens.
When the bitcoin cash hard fork happened, the price almost went down in the mid of July but as the date of Aug 1 became nearer everyone bought back in. So we can't say that BCH made the price go anywhere before the fork.

It was only after the fork that we saw it move up from the range of $2700 to $4300 !

If I try to somehow understand or imply the same scenario, it doesn't work. Price is going up before the fork.
PLUS why are more people buying ? The fork is no longer the motive. It's over. Will it continue to go up ???

My expectations (which are usually wrong :D ) are that it might crash in late November.

well you shouldn't sell your bitcoin due the fork is coming many exchanges will be closed a day before hard fork and also if you keep your bitcoins after the hardfork you will receive BTC2X after hardfork and also it's not true that bitcoin price drop after the fork in fact after the BCH hard fork the price soared from 2700 to 4300 it just dropped when the China imposes ban on bitcoin exchanges and the shutting down of BTCC in china. anyways it is your decision to sell it or not we are giving you advice.

You are understanding the market right despite being a newbie, many people look at a decrease in the price as the worst thing that it could happen in the world, when in fact a drop in the price is great news since that means you can get cheap bitcoin for a limited amount of time and then you only need to wait for a few weeks before everything goes back to normal.

I would say no. While things were as simple as that on previous forks, Segwit2x is a little more complicated. Your primary consideration should be that it does not implement replay protection. If you don't know what that is, look it up.

Another consideration is that the fork is meant to replace the old coin, and it has a lot of big backers. The forked coin may, however unlikely, replace the legacy chain as the main Bitcoin. It would be safer to hold both coins until things have started to settle in my opinion.

it depends on you op, if you need cash or if you want to shift on alts then you might want to sell it right after the fork but if dont then you better leave it there on your wallet but everyone else is expecting for a price drop after the fork although bitcoin can still possibly recover after some time.  but i guess you should buy alts now because they are still low these days.

if you have 10 bitcoin, then maybe you can sell 3 btc and keep 7 btc in your wallet or you can sell 50% of the total bitcoin if you want to have money to buy bitcoin again. i think when the fork is happen, the price will be down a moment and will be back increase because if i see in the past, the situations is the same but if the price is still increase while the fork is coming then we can be happy to sell our bitcoin in higher price so i am sure that there will be correction price is come.

The previous fork in October saw the price if Bitcoin soar after it because holders were still in expectations as to claim another free coins from the November segwit2. However, the bullish Bitcoin will expectedly go into correction once after this fork. Yes, I guess Bitcoin will dump. So, it's advisable to sell off immediately after the fork.

Yes you probably should sell all your bitcoins before the fork. Because at that time, bitcoin will go down so easily before it. And during the fork, go buy so that after the fork, you can harvest great profit.

I dont think if that really going to happen, because on previous fork the bitcoin become more expensive after the fork, if bitcoin value will going to drop i will buy some at that time because it will going to recover again, regarding to your question for me im going to keep my bitcoin and not going to sell them but it also depend on you, your plan is good if the bitcoin value will drop but if the bitcoin become more expensive you will regret it too.

There is no right or wrong time of selling your coin. We were all thinking that bitcoin will fall because of the fork but we now realized that the price keep on going higher and higher even during and after the fork.

We can't surely say the price would get decreased after fork as people like to hold bitcoin for long term.
The first thing is to keep holding your bitcoin till the fork finishes, right after the fork, if you beleive the price of bitcoin will decrease a lot, then it will be profitable to sell immediately.

not all forking has bad effect to bitcoin remember last forking it doesn't make the price low instead make it more higher. hehehehehe
but most of the time it is true that it happens every time. some says that holding is a good way before the fork or not to do any transactions ,... keep earning

ithink its not good to sell bitcoin after hardfork because like the last fork after the hardfork the price is droping down.. i think the best sell is before the hardfork end look at the price now when the hardfork is near the price also is dropped...

selling bitcoin is always as much risky as buying bitcoin. because we all know bitcoin is rising and will continue to rise and when you sell the price may bounce back much faster and you miss the chance to buy back what you sold and you will eventually be forced to buy bitcoin at a higher price so you will have less BTC than before.

with that said, selling these days and right after the fork (only if you can be fast enough) is a good idea. not to sell all your stash but sell something so that you can have some additional fiat at hand in order to buy bitcoin in the possible dip.

Its too early to tell if the price will really drop that fast. Although you are correct in your assumptions that altcoin is suffering right now because most traders are going into bitcoin ecosystem to get the new fork currency. If I were you then I would have to wait and see what's gonna happened after the fork. Maybe the price could sustained itself going to $8000 or more. Or better the price could really drop fast to $5500. We can't really say for certain what's going to happened until we cross the bridge. Just observed and make your judgement call after Nov. 16.

The best thing to do, is to do nothing. Most people just wait to see what the price is doing and then they make their decisions based on that. I am not going to do anything for the first 24 hours before the fork and also for 24 hours after the fork, just to be safe.

Everyone is saying something different, because nobody know what will happen. One thing is certain, BTC will bounce back as the winner in the end, so I keep on stocking up on BTC, no matter what.   ^smile^

We have seen before the two fork the price of Bitcoin is kept increasing in the market. So i think instead of selling the Bitcoin hold it for long because the price will increase more in coming days.

It's depends to you when you needs money if i your situation i rather wait it after forks bitcoin can fly it to the moon.

it depends I think on your goal here. did you have bitcoins to HODL or make exchanges? bitcoin is not going anywhere anytime soon. if anything wrong to happen you will know about it.

Si senior. You may consider selling your BTC after the fork and then buy on dip. Your only problem is how to identify the bottom of the dip. Good luck to you, pendejo.

Why not sell before, if you are sure it will fall?

If most btc holders think like you and decide to sell all their btc after the fork then most probably the price will drop fast. But I doubt it to happen because lots of investors here are hodlers. Besides, after the BCH fork last August, instead of dropping the price surged and reached an ath. And if you want to sell your coins after the fork it is all up to you. Just remember that never sell just to cut off losses and never panic if the price will dip after the fork.

Well now the price bitcoin is falling,if you want to sell i think it should be before the fork
Usually after the fork,people will start buying alt again and make bitcoin price drop

I think now very right time for selling your BTC. BTC fall down i check https://coinmarketcap.com
There are no possibility to again suddenly raised BTC.
I think you should buy alt coin for profit.

i use exchanger wallet can i get this fork or upcoming fork ? when it will be happen?

You guess rightly after fork btc will be fall down but alt coin will be more pump after 15 November i think.
Alt coin market something up & in this end of the month big pumping.

No you don't, I think after the fork bitcoin will drop but not deeply it should, so hold on your bitcoin and don't sell it, because the big impact is soon to come, I guest after the fork bitcoin pump/raise more times before the year end. nothing to worries about the event (dumpaton) after the fork because bitcoin price is not falling after that.

I think it's worth to go into USDT and observe the situation on the market

It depends on what you know Where to believe We see today the bitcoins price is so frightening and horrible that any time it may have fallen. But what is the reason? I think it's because of Panic selling so if you believe in false news you are the one who drops the price of bitcoins.

And I'm sure you'll be left with the rise of the bitcoins price. So if I'm upset I will not sell the bitcoin I hold now because I'm sure At the right time I have a good deal here

Price of BTC will surely drop after the fork. Ppl are investing to get double coins like BCH and BTG. Alts are waiting for fork to boost.

Ok, that a good idea. If I were you, I will sell BTC now and buy altcoins. After the fork, I will buy BTC again with low price.

I think that would be a good idea to hold through the fork and to sell after it if you are already satisfied with the value and do again invest when the value fall. But it would be a better idea if you will sell only half of it since the price of Bitcoin is continuously rising and no onr knows until how much will it stop rising. At the end it will still depend on your decision.

If everybody thinks the same (sell right after the fork) the price will drop a lot but if most people hodl, price will not drop so much. No one knows exactly what will happen after the fork. Personally, I would either sell before the fork (as long as prices are high) and forgot the free coins of the new fork or just hodl and sit it out until prices raise again. But to sell right after the fork will most probably the worst decision.

I suggest you keep track on the price of bitcoin a week before the expected hard fork if you see a continuous drop on the price of bitcoin on the first three days you can sell them so you can avoid the lost for your bitcoins but if you don't need your money right away better sit back and relax because if ever the value of bitcoin suddenly crashed I'm sure a week after it will pump again and recover the loss, if I were you I just wait for the drop and then buy bitcoin to hold.

if you want to make profit at the price now then you can sell it while the price is in the high price. but if you are waiting the next higher price then maybe you can wait until the fork is finished because I think the price will be back to increase and maybe it will increase more higher than before. you need to thinking about how much profit do you want to take and I hope that you are not too greedy to expecting the higher profit because the bitcoin price is too volatile and we do not know what will happen in the next hours.

Bitcoin is a kind of bipolar coin, when everything is fine then things are great but when things are bad then everything is in hell, that is why while I try to predict what it is going to happen I do not put any money behind it since I have realized that I would have lost a lot of money if I followed my intuition so I just hold and accept the ups and downs of the market.