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Bitcoin => Bitcoin Discussion => Topic started by: Lyancy001 on July 22, 2017, 12:53:05 AM



Title: Cash-out or buy Alts before August 1?
Post by: Lyancy001 on July 22, 2017, 12:53:05 AM
What the best choice?


Title: Re: Cash-out or buy Alts before August 1?
Post by: European Central Bank on July 22, 2017, 01:03:23 AM
Neither?

Theres nothing to panic about any more.


Title: Re: Cash-out or buy Alts before August 1?
Post by: satoshforever on July 22, 2017, 01:45:45 AM
There will be Segwit on August 1st. Everything is ok, I would avoid BTC transfers in the next two-three weeks because of compatibility issues.


Title: Re: Cash-out or buy Alts before August 1?
Post by: panju1 on July 22, 2017, 01:49:58 AM
What the best choice?

If you indeed think that there is a possibility of bitcoin's value going down, you should cash out.  There is a lot of correlation between the price of bitcoin and the price of alts. We saw that last week, when bitcoin crashed to under $2000


Title: Re: Cash-out or buy Alts before August 1?
Post by: Mkmanik on July 22, 2017, 01:57:07 AM
Dont be panic. just chill man.I am holding half of my Bitcoin and half of ALT coin worth of mny Bitcoin. i have a great trust about Bitcoin price, i think it will be 3000$ after the 1st August. just hold your Bitcoin with a safe wallet that provides you a privae key for your wallet.never use any exchanger wallet like coinbase,bittrex or polo.


Title: Re: Cash-out or buy Alts before August 1?
Post by: iamaruf on July 22, 2017, 02:03:38 AM
What the best choice?

Don't worry man,Just hold your bitcoin in safe place not Exchanger ( coinbase,xapo,polo). hold your bitcoin which you can control like desktop wallet bitcoincore,electrum etc.
Bitcoin price is now 2600$ it will pump more.


Title: Re: Cash-out or buy Alts before August 1?
Post by: micher143 on July 22, 2017, 02:34:54 AM
The best choice is to buy more bitcoins and hold it because I am sure that in that event it will reach the 4000$ market cap and the bitcoin is pretty popular now and for the segwit there is nothing to worry about in my opinion so just hold your coins and if possible buy more bitcoins.


Title: Re: Cash-out or buy Alts before August 1?
Post by: ankit10 on July 22, 2017, 02:41:20 AM
Don't cah out your altcoins or bitcoins, because price will definately get grow up after sometime from 1st august, but maybe between 1st august and next few days price of both alts and bitcoin will get dump. Or you can withdraw your half of altcoins and bitcoins, if you need it in next few days. Unless don't touch them atleast for 1 month after segwit.


Title: Re: Cash-out or buy Alts before August 1?
Post by: cpfreeplz on July 22, 2017, 02:44:12 AM
What a stupid time to jump ship haha. Everything will be better on august 2nd so why would you leave when your bitcoins will be a better product? If your car was getting free rims, paint, a sunroof and HD lights would you sell it just before you got them?


Title: Re: Cash-out or buy Alts before August 1?
Post by: xuan87 on July 22, 2017, 02:56:34 AM
Cashing out Bitcoin is not a good option, there are so many positive speculation about it, and I think buying alt coin is also not a good option, the condition of crypto currencies are still not stable, I think it's better to hold whatever coin you have and see how will the condition after August


Title: Re: Cash-out or buy Alts before August 1?
Post by: khufuking on July 22, 2017, 02:57:09 AM
I think the real panic is over by now . You should have asked this question a week ago . Just hold your bitcoin I believe we might see $3000+ after 1 august or even before it . If you worry just hold your bitcoin on your wallet not on an exchange I am leaving my coins on exchange but just if you reall worried move them but hold on your coins  ;)


Title: Re: Cash-out or buy Alts before August 1?
Post by: btc_angela on July 22, 2017, 03:00:38 AM
The best choice is to buy more bitcoins and hold it because I am sure that in that event it will reach the 4000$ market cap and the bitcoin is pretty popular now and for the segwit there is nothing to worry about in my opinion so just hold your coins and if possible buy more bitcoins.

Yes, you don't need to cash out, you will lost a opportunity once bitcoin price goes mad after Aug 1. You will regret it later for cashing it out. So hold on it and if you still have funds you can probably stash more and wait till the price reach $4000 in the next succeeding months. The future of bitcoin is really looking good because of the BIP91 locked in and the split may never happen after all. So don't worry and not be afraid for the future is really really bright.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Shofiqul on July 22, 2017, 03:03:29 AM
Just hold the coins and see the magic after august 1.I think very good news is coming for us.After all, coins ar at rest is not much risky.  :)


Title: Re: Cash-out or buy Alts before August 1?
Post by: Yakamoto on July 22, 2017, 03:19:47 AM
What the best choice?
How about just hold?

By the looks of it, there are a lot of opportunities to be had if you just hold over the fork, it doesn't look like the market is taking it negatively and there is a fairly large stance in favor of it across the community and mining cartels. The market managed to push back $800 per piece into the market over the course of a few days, and this is on the verge of the fork. The market appears to be confident until otherwise proven, and unless something happens at the verge of the fork we're in good hands until we cross to the other side.


Title: Re: Cash-out or buy Alts before August 1?
Post by: skorupi17 on July 22, 2017, 03:35:31 AM
What the best choice?

The "Bitcoin is going to split" drama thing has been ended recently. Bitcoin Improvement Proposal 91 (BIP91) locked-in recently and the possibility of Bitcoin chain split is slowly being erased on the minds of the community. Thus, nothing is to be worried about as of now and you can keep your bitcoins safely in your wallet.


Title: Re: Cash-out or buy Alts before August 1?
Post by: HabBear on July 22, 2017, 04:39:02 AM
Don't just...

Quote
buy Alts!

There's maybe 3 alt crypto currencies worth buying in alternative of Bitcoin. Here's the risk of getting out, you miss the first pop post fork of the new chain of Bitcoin. Keep you coins off exchange OR with an exchange that promises to give you access to the dominant chain post fork. Then your bitcoin will be safe and you won't miss any appreciation (that might not be seen again)

The biggest plague Bitcoin has right now is this damn fork, once it's settled we're bound to see a jump...and bitcoin may never look back.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Herbert2020 on July 22, 2017, 06:00:27 AM
you are way too late to make a decision about August 1st.

at first we didn't know what will happen, so it meant you should have sold some bitcoin for fiat only in case you were scared. and you should have done it when price was above $2500 at least.

then 2+ days ago as miners started signalling for BIP91 for real it meant you should have started buying bitcoin because it meant a rally is on the way.

and now it is too late because that rally is over and price is $2700+

for future, we still have the SegWit activation itself and that means another rally probably similar to this. and also we still have the long term rise of bitcoin price which will always happen. and it means you should buy bitcoin as much as you can afford to invest.

as for altcoins:
at first, they dropped because bitcoin price was dropping.
then bitcoin recovered and they dropped because bitcoin was attracting all the money and investors.
and in the future they will drop more because bitcoin will have its long debate sorted out and also because alts are in a bubble that needs popping.


Title: Re: Cash-out or buy Alts before August 1?
Post by: hyunee on July 22, 2017, 06:02:32 AM
Well before August 1, Alts are safe in every exchanger or any wallets. They are to manipulate bitcoin only not alternative cryptocurrency. So there is nothing to worry in that day. All altcoins are safe.


Title: Re: Cash-out or buy Alts before August 1?
Post by: jualidbitmixer on July 22, 2017, 06:05:43 AM
What the best choice?

Well, people here says don't be panic. But i choose to sell all my bitcoins because i don't want take any risk that will happen on Segwit or after Segwit. Especially the price of bitcoin is back on good price again, so i sell all my bitcoins and i just watch until 1st August come and wait to buy the bitcoins.


Title: Re: Cash-out or buy Alts before August 1?
Post by: RoommateAgreement on July 22, 2017, 06:10:28 AM
cash out? cash what out? this is bitcoin, the only decent decentralized cryptocurrency with a scarce and limited number of coins. if you hold any amount you are holding a share of this coin of the future.

forget about the short term silliness if you are not a trader, and stick to reality in the long term. move any coin you have to cold storage and forget about it for a couple of years, then come here and thank me.


Title: Re: Cash-out or buy Alts before August 1?
Post by: mk4 on July 22, 2017, 06:24:31 AM
What the best choice?

You know what the best choice is? It is to decide on your own and not rely on other people's ideas and predictions.
You have internet connection. Therefore you have access to almost every articles on the internet about cryptocurrencies. If you're lazy, investing is not fore you. Simple as that.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Dudeperfect on July 22, 2017, 06:29:12 AM
I would watch my favourite web series and other live broadcasts if there is any online discussion/event about Bitcoin soft fork. I don't think that there is any need to do anything other than storing bitcoins is the wallet in which you have full control on it (private keys). We have already experienced panic selling wave and there is no need to panic again, nothing wrong is happening on 1 Aug. Keep calm, and hold bitcoins.


Title: Re: Cash-out or buy Alts before August 1?
Post by: malikusama on July 22, 2017, 06:29:52 AM
Stay calm mate, price is not going to fall. Hopefully it is going to increase after august 1, so my advice is don't cahsout but if you want to buy alt coins then buy it from half of your assets, this minimize the risk.


Title: Re: Cash-out or buy Alts before August 1?
Post by: nelmari on July 22, 2017, 06:31:18 AM
Why would you cash out in the first place? It's not like your bitcoin is going somewhere or maybe you yourself have the feel to cash out because you are panicking as of now because of the August 1 happening. If you are into trading you should know by now what to do with your bitcoins. I suggest you read more articles and updates about bitcoin so you would know what's happening and how much is current value is at the market.


Title: Re: Cash-out or buy Alts before August 1?
Post by: magmar on July 22, 2017, 06:57:33 AM
What the best choice?

The best thing is do nothing, don't sell or cash out,  don't buy altcoins. No loss no profit, nothings gonna happen to you if you're always scared of what's happening in the industry.  This is normal to this business there will always be changes and also falling and rising of value. That's business their will always be risk.


Title: Re: Cash-out or buy Alts before August 1?
Post by: lucifochrome on July 22, 2017, 07:04:22 AM
The answer will totally depend on you, if you think that the price of bitcoin will plummet then by all means cash out. I would not suggest getting alt coin as well because in my opinion alt coin is more volatile than bit coin. But since we're not sure of what will happen in the future you can try and hold on to your bitcoin the price may rise after aug 1.


Title: Re: Cash-out or buy Alts before August 1?
Post by: cjmoles on July 22, 2017, 07:09:53 AM
What the best choice?

If you indeed think that there is a possibility of bitcoin's value going down, you should cash out.  There is a lot of correlation between the price of bitcoin and the price of alts. We saw that last week, when bitcoin crashed to under $2000
^^^^
This is what I'm thinking....But, I'm sure it will bounce back so it may be a good opportunity to short the market....I don't know though because I'm not sure about the risks associated with keeping a balance on the exchanges....I'm going to wait until the last second to figure out what I'm going to do.  Right now BTC is at $2766 so it's a pretty good time to exchange for USDT and hope to catch some cheap coin later.


Title: Re: Cash-out or buy Alts before August 1?
Post by: dreamer81 on July 22, 2017, 07:10:46 AM
Dont panic. That's the worst thing you can do. just HODL. 2017-2018 is the year of altcoins.. things will boom even more untill it is fair valuated


Title: Re: Cash-out or buy Alts before August 1?
Post by: ice18 on July 22, 2017, 07:29:36 AM
Buy more bitcoins and altcoins as everything is in clear path right now bitcoin split will not happening so theres nothing to worry anymore, sitback, relax and wait for the bitcoin price go to the moon...


Title: Re: Cash-out or buy Alts before August 1?
Post by: Cranidos on July 22, 2017, 07:46:18 AM
What the best choice?

You can calm down now mate. The split has been "narrowly averted" by signalling the Bitcoin Improvement Proposal (BIP) 91 and it is going to avoid the "hard fork". So you can just hold your Bitcoins and expect to have its value increased in the following days.


Title: Re: Cash-out or buy Alts before August 1?
Post by: AGD on July 22, 2017, 07:54:16 AM
You don't know what to do? Check Theymos' thread here: https://bitcointalk.org/index.php?topic=2012799.0
/thread


Title: Re: Cash-out or buy Alts before August 1?
Post by: Grant Hero on July 22, 2017, 07:55:06 AM
Here are my recommendations:
  • If you currently have coins and tokens... hold.
  • If you do not, wait until after 8/1 to decide.



Title: Re: Cash-out or buy Alts before August 1?
Post by: jc89 on July 22, 2017, 07:58:28 AM
In my opinion, there really is nothing to worry right now. So I suggest that you hold on to your bitcoins a little longer if you can. And absolutely no need for you to be afraid of August 1. Let it come without worries because your bitcoins are safe. If you haven't noticed, the value of bitcoin this past few days have soared and everybody's happy. In fact I have cashed out some of my bitcoins just a few hours ago. With regards to buying altcoins, it is also a good investment. Invest in both bitcoins and alts. I also have plans of buying altcoins myself. So just enjoy and be smart in investing and there will be nothing to worry about.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Fappanu on July 22, 2017, 08:23:44 AM
To be secure cash out all your BTC and buy back again . we don't know what happen when the bitcoins fork are done in august 1.  if you are a risk taking person go on buying some altcoins or hold your btc. There's some news bitcoins will go on 10,000$$ this year or next years. Think about those people keep holding btc on  2009 until now is Millionaire. Your investment is patience only and knowledge also


Title: Re: Cash-out or buy Alts before August 1?
Post by: basesaw on July 22, 2017, 08:28:33 AM
maybe just hold but reserve an ammo if the bitcoin dips. be ready always no one knows what will be happening on august 1 sa always prepare for what will be the result of the august 1 drama.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Rinaze on July 22, 2017, 08:34:18 AM
How many of you think that the transaction fees for BTC will start to reduce from Aug 1st now that SegWitx2 is activated? Else when do you guys think would be the earliest for that to happen?? I feel that the transaction fee is still quite high at the moment but of course that ultimately depends on how much BTC you are trying to send across.


Title: Re: Cash-out or buy Alts before August 1?
Post by: densuj on July 22, 2017, 08:35:58 AM
What the best choice?
Of course buy altcoins because mostly the altcoins price right now is down trend and i suggest to buy ethereum because after the activation segwit on bitcoin's network, ethereum's price will be increase and if the activation of segwit be fail, there are chance for ethereum be the next bitcoins, but that is just my analisys fundamental of the activation segwit and ethereum's price.


Title: Re: Cash-out or buy Alts before August 1?
Post by: batako on July 22, 2017, 08:37:03 AM
There are some choices to pick but I prefer to hold it into my own wallet. So, if there's a split I can get the benefit from it. For sure, people who pick the right decision will get advantage from the upcoming event but for  now, no one knows what the right decision is.


Title: Re: Cash-out or buy Alts before August 1?
Post by: romero121 on July 22, 2017, 08:45:07 AM
There are some choices to pick but I prefer to hold it into my own wallet. So, if there's a split I can get the benefit from it. For sure, people who pick the right decision will get advantage from the upcoming event but for  now, no one knows what the right decision is.
None knows what is right and what is wrong, because every time all that we do is go upon some others decision. Right now the situation is very hard to make prediction by common users, even the experts find it difficult to get a perfect outcome. On the whole majority of the users suggest to keep hold in an offline storage and once after those days connect it to the network. So having a good research and making a decision whether to hold or cash out on one's own is better.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Proton2233 on July 22, 2017, 08:54:32 AM
My wallet allows you to exchange bitcoin for dollars or euros and Vice versa. Now there are pretty big jumps and it's a chance to earn. I constantly buy and sell my coins not even using the exchange.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Wesimon on July 22, 2017, 09:39:39 AM
My wallet allows you to exchange bitcoin for dollars or euros and Vice versa. Now there are pretty big jumps and it's a chance to earn. I constantly buy and sell my coins not even using the exchange.

Same with mine. If the value of bitcoin jumps, I sell my btc and when it goes down I buy bitcoin. If ever bitcoin would dump its value, I have a chance to buy bitcoin. It's like I get interest from buying and selling bitcoin.


Title: Re: Cash-out or buy Alts before August 1?
Post by: anhhung409 on July 22, 2017, 10:10:46 AM
What the best choice?


If the August 1 event occurs
I thought I would buy another Altcoin because when Bitcoin disappeared, there would definitely be another Altcoin replacing it and going to develop it. So, look for an Altcoin that has the potential to invest


Title: Re: Cash-out or buy Alts before August 1?
Post by: JasonXG on July 22, 2017, 08:27:07 PM
I won't sell anything I HODL for life. Ita bad to just give in. With investments you need to hold in and not fold every time the value goes down a little bit. Dont let fear ruin how you think. Take the risks.


Title: Re: Cash-out or buy Alts before August 1?
Post by: SHANTA on July 22, 2017, 08:33:30 PM
A long time before August 1, Alts are protected in each exchanger or any wallets. They are to control Bitcoin just not elective cryptographic currency. So there is nothing to stress over that day. All altcoins are sheltered.many people say that


Title: Re: Cash-out or buy Alts before August 1?
Post by: freedomno1 on July 22, 2017, 08:34:43 PM
Just wait let the exchanges figure out the transition period and hold the coins.
We passed one bump and now its just a matter of patience to see what happens, alt wise I guess you could if you want to diversify a bit but assuming nothing unexpected occurs things should proceed smoothly.


Title: Re: Cash-out or buy Alts before August 1?
Post by: xsim27x on July 22, 2017, 08:37:01 PM
Don't panic! If you believe in the project and its vision then why would you want to sell?
Crypto has a fantastic feature even with some price dips!


Title: Re: Cash-out or buy Alts before August 1?
Post by: PauloRod on July 22, 2017, 08:41:56 PM
My wallet allows you to exchange bitcoin for dollars or euros and Vice versa. Now there are pretty big jumps and it's a chance to earn. I constantly buy and sell my coins not even using the exchange.

Hey, can you say wallet name that you use? It's great idea to save your money in any case.. both 2themoon or 2thehell :)


Title: Re: Cash-out or buy Alts before August 1?
Post by: xbiv2 on July 22, 2017, 08:45:53 PM
What the best choice?
Use bitcoin-core of 2014 https://github.com/bitcoin/bitcoin/releases/tag/v0.9.1 to save your coins from "soft fork" attempts.
Then sell all fork`s for profiit


Title: Re: Cash-out or buy Alts before August 1?
Post by: tayrey on July 22, 2017, 08:52:22 PM
Don't panic! If you believe in the project and its vision then why would you want to sell?
Crypto has a fantastic feature even with some price dips!

I agree, and it looks like its going back into bull mode anyway so all the more reason to buy and hodl.


Title: Re: Cash-out or buy Alts before August 1?
Post by: jak3 on July 22, 2017, 09:16:49 PM
I have my savings in yobit exchange and I am not planning to move any coin, I can afford some loss. right now i am thinking is to get some backup money because maybe we can not access Bitcoin for two to three weeks after  1st August. people who are really scared or people who don't wanna risk their money can take their money out from digital currency but I will take the risk this time.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Mkmanik on July 23, 2017, 03:57:41 AM
I won't sell anything I HODL for life. Ita bad to just give in. With investments you need to hold in and not fold every time the value goes down a little bit. Dont let fear ruin how you think. Take the risks.
same here. i also not selling my coin and will HOLD for a long time until i reached my destination.Only bitcoin holder facing 1st august problem.but if anyone use a wallet that provides private kay, it's safe to hold the bitcoin on thid wallet. I am only holding my alt coin now.exchanged all of my bitcoin into ALT coin. I strongly belove in ALT coin.


Title: Re: Cash-out or buy Alts before August 1?
Post by: 25hashcoin on July 23, 2017, 04:12:25 AM
Hold bitcoin in a wallet where you control the private keys so you can get your BitcoinCash: http://www.bitcoincash.org


Title: Re: Cash-out or buy Alts before August 1?
Post by: Sithara007 on July 23, 2017, 04:23:33 AM
Hold bitcoin in a wallet where you control the private keys so you can get your BitcoinCash: http://www.bitcoincash.org

If I am holding my coins in a blockchain.info wallet, and if I am having the private key with me (it is possible to export the private keys from the old blockchain.info wallet), then could you please tell me the steps for claiming BitcoinCash?


Title: Re: Cash-out or buy Alts before August 1?
Post by: Chyton on July 23, 2017, 04:25:14 AM
I would say to buy alts before 1 August, bitcoin will probably skyrocket or free fall in 1 August, either way if you hold a good alts you are minimizing your risks.


Title: Re: Cash-out or buy Alts before August 1?
Post by: 25hashcoin on July 23, 2017, 04:59:57 AM
Hold bitcoin in a wallet where you control the private keys so you can get your BitcoinCash: http://www.bitcoincash.org

If I am holding my coins in a blockchain.info wallet, and if I am having the private key with me (it is possible to export the private keys from the old blockchain.info wallet), then could you please tell me the steps for claiming BitcoinCash?


I believe you would just import the private keys into a BitcoinCash wallet. There may also be splitter services available you could send your BTC too. Just keep your keys safe for now.


Title: Re: Cash-out or buy Alts before August 1?
Post by: ryanben on July 23, 2017, 05:22:37 AM
Actually when you want long term investment I think you should invest in ICO projects in order to secure or choose good altcoins to buy and hold them. Also you want to earn interest in the short term I recommend you take a look at the current context of the market and choose the right time to buy.
On my own, I would choose to invest in potential ICOs with long-term safety at this time without having to worry about market shifts.


Title: Re: Cash-out or buy Alts before August 1?
Post by: crazyivan on July 23, 2017, 05:44:21 AM
Buy alts! There s much more chance a $1 alt will double in price compared to $3000 to do the same.



Title: Re: Cash-out or buy Alts before August 1?
Post by: negancoin on July 23, 2017, 05:57:16 AM
I think  you should only hold btc, altcoins will dump deeply if something goes wrong after Aug 1 . but it's ur decision to make.


Title: Re: Cash-out or buy Alts before August 1?
Post by: crazyivan on July 23, 2017, 06:03:30 AM
I think  you should only hold btc, altcoins will dump deeply if something goes wrong after Aug 1 . but it's ur decision to make.

This is by far the most stupid advice I ve ever hear. What do you think, genious, will happen with BTC price IF something goes wrong with BTC after the SegWit2x which is strictly BTC related?

In other words, if something gets to be broken with BTC, will BTC price dump??? Or will alts dump?

Stop embarrassing yourself, read a bit.


Title: Re: Cash-out or buy Alts before August 1?
Post by: badungs on July 23, 2017, 06:34:41 AM
just relax,
you can exchange to money if you want or buying alt coin, and exchange to bitcoin again if normal situation's. or you can hold your bitcoin until we have notice by bitcoin itself.


Title: Re: Cash-out or buy Alts before August 1?
Post by: magneto on July 23, 2017, 06:49:36 AM
What the best choice?

I think that you're thinking that 1st August will certainly end in a chain split, but this has not been confirmed by anyone and the future is quite uncertain. The worst scenario is obviously a chain split and two or maybe more networks running alongside each other but that could be different from reality.

Anyways, i'm cashing out 80% right now. Price is sky high, nearing the all time high actually. Nothing to lose if you sell now, the worst you can do is lose a couple of hundred bucks in potential profits. But the risk is high, imo and it's best to wait it out, buy back in 7st August or so, 1 week after the 1 August date.

Whatever you do, hold your own private keys if you decide to hold any sort of bitcoin. Don't hold anything on coinbase, coinjar, xapo, etc.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Netnox on July 23, 2017, 06:53:28 AM
What the best choice?

I think that you're thinking that 1st August will certainly end in a chain split, but this has not been confirmed by anyone and the future is quite uncertain. The worst scenario is obviously a chain split and two or maybe more networks running alongside each other but that could be different from reality.

Anyways, i'm cashing out 80% right now. Price is sky high, nearing the all time high actually. Nothing to lose if you sell now, the worst you can do is lose a couple of hundred bucks in potential profits. But the risk is high, imo and it's best to wait it out, buy back in 7st August or so, 1 week after the 1 August date.

Whatever you do, hold your own private keys if you decide to hold any sort of bitcoin. Don't hold anything on coinbase, coinjar, xapo, etc.

BIP 91 is locked in and therefore a chances of split is very low. Even if a split happens, it is most likely to be in the form of a separate altcoin, and not in the form of a blockchain split. So your strategy can turn out to be very risky.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Question123 on July 23, 2017, 07:00:05 AM
Dont panic , suggest dont sell your bitcoin just hold it because we dont know what will happen in bitcoin in august1 if the price down or increse . But I hope it will increase so I can make a lot of profit . Many people want to sell their bitcoin because many people said price down in that date. But if you have no choice I suggest  dont cash out your bitcoin its better to buy altcoin incase bitcoin not decrease.


Title: Re: Cash-out or buy Alts before August 1?
Post by: StevenRA on July 23, 2017, 07:20:50 AM
Now that it's back up to previous highs, I don't think you have to feel bad about selling. But if price drops again in anticipation, I'd certainly buy cheap and look to profit from the uncertainty.


Title: Re: Cash-out or buy Alts before August 1?
Post by: YOYOY on July 23, 2017, 07:36:36 AM
Well, for me I will probably buy some altcoins but I would never cash out my bitcoins because of the incoming Segwit. There's nothing to be panicked for because everything is gonna be alright. I'll try not to withdraw it and buy some altcoins because I need to see what would really happen during the Segwit or should I say I am experimenting what would really happens in that instance, just to be safe.


Title: Re: Cash-out or buy Alts before August 1?
Post by: megynacuna on July 23, 2017, 07:50:55 AM
Well, for me I will probably buy some altcoins but I would never cash out my bitcoins because of the incoming Segwit. There's nothing to be panicked for because everything is gonna be alright. I'll try not to withdraw it and buy some altcoins because I need to see what would really happen during the Segwit or should I say I am experimenting what would really happens in that instance, just to be safe.

I totally agree with you, it's just wise to wait and hold your bitcoins and observe what happens after August 1. I don't think you'll forgive yourself after selling now and realizing a pump after August 1. So it will definitely pay to wait from my observations.


Title: Re: Cash-out or buy Alts before August 1?
Post by: freedomno1 on July 23, 2017, 08:01:30 AM
It depends on if you trust the miners in the long run now as we have passed the BIP 91 point
Now there is almost no turning back but we aren't settled yet.
https://bitcoinmagazine.com/articles/bip-91-has-activated-heres-what-means-and-what-it-does-not/


Title: Re: Cash-out or buy Alts before August 1?
Post by: madwica on July 23, 2017, 08:02:51 AM
Well, for me I will probably buy some altcoins but I would never cash out my bitcoins because of the incoming Segwit. There's nothing to be panicked for because everything is gonna be alright. I'll try not to withdraw it and buy some altcoins because I need to see what would really happen during the Segwit or should I say I am experimenting what would really happens in that instance, just to be safe.

I totally agree with you, it's just wise to wait and hold your bitcoins and observe what happens after August 1. I don't think you'll forgive yourself after selling now and realizing a pump after August 1. So it will definitely pay to wait from my observations.
As far as i know we do not know when they resume the transactionof bitcoin after august1, that is why for me i exchange my bitcoin in our currency but it will remain in my bitcoin local wallet.
If bitcoin value goes down i am ready to buy it and have capital for invest again because if you put all your bitcoin into altcoin you will wait for more days to sell it.


Title: Re: Cash-out or buy Alts before August 1?
Post by: michellee on July 23, 2017, 08:03:30 AM
Well, for me I will probably buy some altcoins but I would never cash out my bitcoins because of the incoming Segwit. There's nothing to be panicked for because everything is gonna be alright. I'll try not to withdraw it and buy some altcoins because I need to see what would really happen during the Segwit or should I say I am experimenting what would really happens in that instance, just to be safe.

I totally agree with you, it's just wise to wait and hold your bitcoins and observe what happens after August 1. I don't think you'll forgive yourself after selling now and realizing a pump after August 1. So it will definitely pay to wait from my observations.

i still holding my bitcoin although its not much and i am not cash out until right now because i want to waiting for 1st august. but if you still have more bitcoin then maybe you can buy more altcoin because i think it still best time to buy the altcoin while the price is in lower price. after you buy altcoin, you only need to waiting for the each pump of the altcoin.


Title: Re: Cash-out or buy Alts before August 1?
Post by: audaciousbeing on July 23, 2017, 08:16:15 AM
The moment we begin to make our decisions based on events coming up the more volatile the price of bitcoin will become to be swings by the direction of events but when we all maintain our position with the mindset that August 1  will come and go and the players will still be us, then  indirectly we are promoting the stability of bitcoin and if any one wants to sell, let him/ her go ahead without dragging others along with him.


Title: Re: Cash-out or buy Alts before August 1?
Post by: CheapVccSeller on July 23, 2017, 08:42:26 AM
Convert to usdtether and see how it plays out.


Title: Re: Cash-out or buy Alts before August 1?
Post by: lighpulsar07 on July 23, 2017, 08:45:00 AM
No. There is nothing to worry now BIP 91 is activated now the possible chain split is now been avoided so, you do whatever you want in bitcoin. For now you should check coin.dance/blocks to see what's going on in the proposal.
Hold bitcoin in a wallet where you control the private keys so you can get your BitcoinCash: http://www.bitcoincash.org
I have a question, what wallet should i use except bitcoin core should i use? my bitcoins are in exchange at the moment


Title: Re: Cash-out or buy Alts before August 1?
Post by: Seanzqt on July 23, 2017, 08:59:41 AM
Bitcoin seems to be struggling at the moment, lets watch  ;D


Title: Re: Cash-out or buy Alts before August 1?
Post by: Blitzboy on July 23, 2017, 09:10:54 AM
Converting your bitcoin and alts into tether is the best way because it will make everything more flexible and easier for you to buy back bitcoin and alts anytime you like. If you cashout all of your money, it will take a longer time for you to buy bitcoin and start trading again. Try to exchange them on bittrex or poloniex. Bittrex do give you fully control on both bitcoin and bitcoin cash in case that the blockchain split into 2


Title: Re: Cash-out or buy Alts before August 1?
Post by: kryptqnick on July 23, 2017, 09:23:58 AM
It depends on if you trust the miners in the long run now as we have passed the BIP 91 point
Now there is almost no turning back but we aren't settled yet.
https://bitcoinmagazine.com/articles/bip-91-has-activated-heres-what-means-and-what-it-does-not/
If we talk about bitcoin then definitely, but the author of this thread is asking about altcoins. As for them, I believe there is no way in which btc segwit stuff can effect them. Alts are built of different platforms and the popular ones have definitely no connection with bitcoin. People can start selling just as they can start buying them whatever happens t bitcoin. Thus I think that the choice whether to buy or sell alts till the 1 of August should have nothing to do with bitcoin.


Title: Re: Cash-out or buy Alts before August 1?
Post by: flippener on July 23, 2017, 09:41:52 AM
IMHO, simple answer:

  • Hodl.
  • To be safest, move into offline storage before 1st August.


Title: Re: Cash-out or buy Alts before August 1?
Post by: JimmieA on July 23, 2017, 10:01:14 AM
In the current situation and based on some  information, I think in the future btc prices will increase. And of course, what we need to do is keep btc and do not switch to altcoins. Because btc may attract a large amount of investment in the coming time and this will cause the price of the altcoins to decrease. And if you keep altcoins, you will lose some money.Surely, that is not fun at all.


Title: Re: Cash-out or buy Alts before August 1?
Post by: hatshepsut93 on July 23, 2017, 10:06:17 AM
Alts will not preserve your USD value in case of Bitcoin's crash, they will tank with it. Why? Because alts are traded against BTC, very few alts like ETH or XRP are traded against USD, and even then their BTC volumes are overwhelmingly higher than USD volumes. So, BTC price drags alts price, and you can esily check it on coinmarketcap by switching between BTC and USD prices. Of course there are diviations caused by alts change of value due to news and speculation, but in general this pattern is very strong.


Title: Re: Cash-out or buy Alts before August 1?
Post by: basesaw on July 23, 2017, 10:56:30 AM
It is now officially locked in. The BIP91 was about to be activated. all alts now are mooning so for me it is better to invest now to gain some on this drama. this will be the beginning of mooning of bitcoin. some says that it could hit $4000 usd and so. so Just buy and hold guys.


Title: Re: Cash-out or buy Alts before August 1?
Post by: tomotan on July 23, 2017, 11:03:04 AM
I do not understand this whole panic..keep calm people


Title: Re: Cash-out or buy Alts before August 1?
Post by: Coffee135 on July 23, 2017, 11:10:13 AM
People do not understand that the more they panic the more money they lose. I did not try to persuade will. I keep calm and know that the price will return to the scene and will continue to grow.


Title: Re: Cash-out or buy Alts before August 1?
Post by: bitcub on July 23, 2017, 11:13:31 AM
Cashout is also a good choice. But for me, I just bought USDT at 2800usd, I also have some USDT bought at 2700 and 2600. Lets see how long Bitcoin will dump before August 1, I am sure lots of people will sell panic. I am going to buy on August 2 ;)


Title: Re: Cash-out or buy Alts before August 1?
Post by: btvGainer on July 23, 2017, 11:18:29 AM
What the best choice?
I think cashing out would be a blunder as you might not be able to buy any soon if there's no big split and price go up.
I have converted half of my btc to some good Alts (like ETH,XMR,LTC,ICN etc) and keeping half in btc.
If btc goes down,I will wait and hold till market recovers but if btc goes up (higher chances) than I will convert all my Alts to btc :)


Title: Re: Cash-out or buy Alts before August 1?
Post by: ultramode on July 23, 2017, 12:28:01 PM
I cashed out at 2850 price. I am waiting for a fall..  ;D


Title: Re: Cash-out or buy Alts before August 1?
Post by: Raven91 on July 23, 2017, 12:33:58 PM
What the best choice?
There is no need to worry there is no more split that will happened the segwit is already successful so i guess holding is one of the best thing today also maybe the bitcoin market value will continue to increase up to the upcoming august 1 so i guess better for us to just hold the bitcoin because it will be a good profit.


Title: Re: Cash-out or buy Alts before August 1?
Post by: grermezter on July 23, 2017, 12:55:06 PM
What the best choice?
I just read a thread by the main forum administrator where he gave some points on what and what not to do before the day finally comes, The most important thing he said was dont have bitcoins in third party bank where you are not able to export the private keys for your BTC. If thats the case then your BTC will definitely be at risk, there is no need to cash out, ensure that you can export your bitcoins so that in the case of a possible split, you can recover your bitcoins.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Blamsud on July 23, 2017, 01:01:00 PM
I cashed out at 2850 price. I am waiting for a fall..  ;D

Yep! The next fall on price will be on fall season after the locked down of BIP 91 expires and bitcoin split issue will be reopen again. That is the only way for bitcoin investors to panic again even though it is not worth it to panic.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Quietman on July 23, 2017, 01:02:11 PM
I just converted my bitcoins into our currency. Hoping for discounted days for bitcoin. I would be willing to buy bitcoins and hold it until it recovered its price.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Victorycoin on July 23, 2017, 01:06:03 PM
What the best choice?

The "Bitcoin is going to split" drama thing has been ended recently. Bitcoin Improvement Proposal 91 (BIP91) locked-in recently and the possibility of Bitcoin chain split is slowly being erased on the minds of the community. Thus, nothing is to be worried about as of now and you can keep your bitcoins safely in your wallet.
Do we take it you're now the spokesperson of the core/developers to have reached such a decision? With your BIP91 maneuvering to outsmart the proponents of UASF, check again to confirm you're about to bid Bitcoin goodbye and you are about to end up with an altcoin, Bitcoin stays with the Cores.

For the ones that're hard to understand, Segwit and Segwit2x represents two entirely different things!


Title: Re: Cash-out or buy Alts before August 1?
Post by: stingers on July 23, 2017, 01:08:27 PM
I hope all the replies above made clear to you that there is nothing worth panicking anymore
Blocks will follow segwit, everything's same.
Think with a neutral mindset now. Selling BTCs for alts right now is same as doing it any other time.  Your call.
I've got all my money in bitcoins right now and don't plan to shift to any altcoins any soon because i believe bitcoin's price gonna rise in very near future.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Vishnu.Reang on July 23, 2017, 01:11:56 PM
I just converted my bitcoins into our currency. Hoping for discounted days for bitcoin. I would be willing to buy bitcoins and hold it until it recovered its price.

I don't know... But you may regret your decision later. The BIP 141 may get locked in before August 1, and therefore a possibility of the split may be averted. In that case the exchange rates may go up suddenly without any warning. You may not get enough time to buy them back.


Title: Re: Cash-out or buy Alts before August 1?
Post by: hahay on July 23, 2017, 01:35:07 PM
What the best choice?
The choice I'm going to take is to sell all the bitcoins if you do not confidence to hold your bitcoin because worried of chain split happened. Selling it all now while the price is still high because the possibility of the day before 1 August there will be a big dump, just IMO. And you can buy it again after 1 August when the price is still low because I'm sure in this year or to the end this year the price will continue to increase and it seems there will be big pump after 1st of August. Just IMO!


Title: Re: Cash-out or buy Alts before August 1?
Post by: moviebuff777 on July 23, 2017, 01:40:47 PM
What the best choice?
The choice I'm going to take is to sell all the bitcoins if you do not confidence to hold your bitcoin because worried of chain split happened. Selling it all now while the price is still high because the possibility of the day before 1 August there will be a big dump, just IMO. And you can buy it again after 1 August when the price is still low because I'm sure in this year or to the end this year the price will continue to increase and it seems there will be big pump after 1st of August. Just IMO!

It's not a bad idea to go ahead and sell before Aug 1. But you also may be able to find a cheap altcoin to buy as well. Either way you may be able to reposition yourself if there is a price drop for bitcoin.

The price right now is pretty high so you probably would not be losing money by selling and you could protect your investment a little.


Title: Re: Cash-out or buy Alts before August 1?
Post by: dothebeats on July 23, 2017, 02:07:25 PM
Make the most out of every situation. Honestly most of us here are trying to make more money out of bitcoin, and selling at a high price and buying at the lows is the best way to make money. Also, August 1 seem to be positive as I can see it. Fork has been avoided at least for now and there seems to be no negative happenings before or after Aug. 1.


Title: Re: Cash-out or buy Alts before August 1?
Post by: harjas2517 on July 23, 2017, 02:17:27 PM
There is no need to panic about sell your Bitcoin or buy Alt Coins before 1st of August. But My approach is different for 1st of Aug if market will rise aggressively then you will repent on your decision so it would not be a wise desicion to sell the bitcoin. I would hold my Bitcoins  rather than selling. Bitcoin has big potential my friend.



Title: Re: Cash-out or buy Alts before August 1?
Post by: Chicago on July 23, 2017, 03:52:58 PM
I think  you should only hold btc, altcoins will dump deeply if something goes wrong after Aug 1 . but it's ur decision to make.

This is by far the most stupid advice I ve ever hear. What do you think, genious, will happen with BTC price IF something goes wrong with BTC after the SegWit2x which is strictly BTC related?

In other words, if something gets to be broken with BTC, will BTC price dump??? Or will alts dump?

Stop embarrassing yourself, read a bit.

Hello crazyivan,

    So tell me... these alts you hold which you buy in relative terms to BTC, at some particular number of Satoshi per coin...  just how exactly would you plan to cash out and be profitable?

    Alt on day 1 = 5,000 Satoshi.
        BTC on day 1 = X

    Alt on final trade day = 5,000 Satoshi.
        BTC on final trade day = some fraction of X

    How would you cash out the altcoin without losing money?

    In your projected scenario, the altcoin would have to be growing in value at the moment you purchase it, significantly, to offset any loss in BTC (and hence fiat) on the trade when you take profit.

    In other words, you can't take a trading pair of altcoin to Bitcoin and expect to be able to cash out with a profit in the event Bitcoin crashes hard.  The maths don't work.

Best Regards,
-Chicago


Title: Re: Cash-out or buy Alts before August 1?
Post by: mmhaimhai on July 23, 2017, 04:12:14 PM
I'll prefer to be safe and don't take such risk. Before August 1 I would cash out all my btc anyways price is pumping continously this past few days and I was able to buy some when price dump down to 90k last week so I already have almost 30% profit if I cash out my btc few days from now. After august 1 I'll observe how bitcoin would move and if it goes well I'll be back investing for it again.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Webetcoins on July 23, 2017, 06:01:22 PM
cash out? cash what out? this is bitcoin, the only decent decentralized cryptocurrency with a scarce and limited number of coins. if you hold any amount you are holding a share of this coin of the future.

forget about the short term silliness if you are not a trader, and stick to reality in the long term. move any coin you have to cold storage and forget about it for a couple of years, then come here and thank me.
well a lot of people are thinking about to sell their bitcoins because they are thinking that the price of the bitcoin will fell down after august but I think it will be a kind of change for those who still hold their bitcoins and did not sell according to me the best choice is to buy some more bitcoins and hold it till the august first.


Title: Re: Cash-out or buy Alts before August 1?
Post by: JL421 on July 23, 2017, 07:31:25 PM
It's better to buy coz till now idk why altcoins value is still down only selected coins are rising but all the main coins are still down. I had bought monero at 0.017 but the price has fallen to 0.015 I'm just waiting for monero to reach at least 0.018 so i can sell it for little profit


Title: Re: Cash-out or buy Alts before August 1?
Post by: Kevondo on July 23, 2017, 07:36:54 PM
People do not understand that the more they panic the more money they lose. I did not try to persuade will. I keep calm and know that the price will return to the scene and will continue to grow.
I really do not understand why you want to cash out it is not like your bitcoin is going somewhere or may be it could be you all need to understand that you need to cash out only it is because you are going to panic because the price of the bitcoin is not fixed till the date of the august first and if you are a part of bitcoin trading you should have some knowledge that what exactly you need to do with your bitcoin I would like to suggest that  being patient is a good idea. 


Title: Re: Cash-out or buy Alts before August 1?
Post by: Grant Hero on July 23, 2017, 07:42:56 PM
I anticipate that some will reduce their risk and sell before 8/1 causing a minor dip.  But then buyers will then see that as an opportunity to buy lower and scoop up more coins.  Ultimately creating an equal exchange to the levels they are at before the selling begins.


Title: Re: Cash-out or buy Alts before August 1?
Post by: omonuyak on July 23, 2017, 07:43:50 PM
The best thing to do now is buying and hold bitcoin for now as there is a clear signal that there is not going to be split in the network. The fake hardfork introduction on reddit call cash coin cannot with stand the wave of segwith. So there is nothing  to fear about on buying or holding bitcoin and others crytocurrency.


Title: Re: Cash-out or buy Alts before August 1?
Post by: TheGodFather on July 23, 2017, 07:48:33 PM
What the best choice?
i think my choice is not listed in the choices above, for me better to hold it for awhile, then but it when you think it is good to buy, we are getting afraid or we let our emotions be stronger than our eagerness to earn and reach for our goals. but you may want to buy alt coins then it is up for you, i think it is the right choice for me.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Tyrantt on July 23, 2017, 08:37:58 PM
August 1st will be a non event. Everyone needs to calm down a little bit. Pardon the pun.


Didn't notice the pun in there. :|


What the best choice?
i think my choice is not listed in the choices above, for me better to hold it for awhile, then but it when you think it is good to buy, we are getting afraid or we let our emotions be stronger than our eagerness to earn and reach for our goals. but you may want to buy alt coins then it is up for you, i think it is the right choice for me.

The best choice would always depend on the situation so hold it until you see the opportunity to make a profit. My suggestion would be to watch the market of those alts closely, specially near the end on july. So, if you see the price dropping you can go ahead and sell a portion of it like 30-40%, then watch what's going to happen after the august segwit adoption, if the price starts to drop even lower, sell all of the remaining so you'd be as little as possible in deficit and if the price starts going up, monitor it closely, as soon as it starts to go static or down a little, sell all of the remaining coins. That way you'll be in a plus.


Title: Re: Cash-out or buy Alts before August 1?
Post by: bitcoin31 on July 23, 2017, 08:42:16 PM
Its better to buy altcoins instead of cashout the bitcoin because it helps to grow your bitcoins and for sure if bitcoin down it will recover again after few days or weeks so dont worry everything will be fine. For sure the month of august bitcoin price will increase more.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Intersan on July 23, 2017, 08:58:38 PM
What the best choice?
For me much better to buy alts before august 1. The only affected is the bitcoin thus much better to save the alt to avoid losing of money instead saving of bitcoin.

When the news came I'm so nervous, all my bitcoin was converted to local currency instead to alt, because I want to make sure that I have a profit. Then when I think that segwit will happen on august 1 I'm very disappointed on my steps. Instead of waiting more time, I'm become greedy of having a money and more money was lost in that decision.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Celsiuss on July 23, 2017, 09:01:30 PM
I don't think neither is necessary. Just hold it and see what happens, nothing big should happen really.


Title: Re: Cash-out or buy Alts before August 1?
Post by: Bagaji on July 23, 2017, 09:37:56 PM
Well if you want to cash out because of the fear of what will become the market value of Bitcoin after 1st August , I don't think there's need for that at the moment because there is not going to be split any more. Is either you cash out because you are in need of money or you want to reinvest it in something else if not I see no need for you to cash out when the price has move above  $2500 already.


Title: Re: Cash-out or buy Alts before August 1?
Post by: futile-resistance on July 24, 2017, 02:12:19 AM
What the best choice?

You can calm down now mate. The split has been "narrowly averted" by signalling the Bitcoin Improvement Proposal (BIP) 91 and it is going to avoid the "hard fork". So you can just hold your Bitcoins and expect to have its value increased in the following days.
Such a cool suggestion, mate! I second your thought. It’s the golden time to buy as many bitcoins and other coins as possible. Time is running out, so make the most out of it because after Segwit, prices will be touching sky and it won’t be easy to grab bitcoins. But I will slightly disagree with you. I don’t think so we can have same benefit from altcoins as we can have from bitcoins.


Title: Re: Cash-out or buy Alts before August 1?
Post by: mrcash02 on July 24, 2017, 02:18:21 AM
What the best choice?

You can calm down now mate. The split has been "narrowly averted" by signalling the Bitcoin Improvement Proposal (BIP) 91 and it is going to avoid the "hard fork". So you can just hold your Bitcoins and expect to have its value increased in the following days.
Such a cool suggestion, mate! I second your thought. It’s the golden time to buy as many bitcoins and other coins as possible. Time is running out, so make the most out of it because after Segwit, prices will be touching sky and it won’t be easy to grab bitcoins. But I will slightly disagree with you. I don’t think so we can have same benefit from altcoins as we can have from bitcoins.

The "perfect moment" to buy Bitcoins already passed (when it hitted the bottom $1980 weeks ago), but it's still time to buy Bitcoins, I agree with you. The price is already increasing a lot, but after August 1 it will get even more power, I hope to see BTC pricing $4000 in few months. Who have bought for that price ($1980) will have more than 100% profit! The best investment I can imagine so far, so buy Bitcoins without fear.


Title: Re: Cash-out or buy Alts before August 1?
Post by: The_Dark_Knight on July 24, 2017, 05:40:08 AM
What the best choice?
There is not any longer the possibility of bitcoin forking in the next weeks so you can keep your bitcoin and everything will be fine, so leave behind the panic and begin to take your decision based on how to improve your earnings and holdings instead of panicking.