Surely it is better to sell Altcoins back into BTC to receive your free BCC . . . it will probably be worthless although there is some support from China which could make it valuable.

The price of BTC will also likely soar when the event is over and the dust settles then you can re-buy your Alts and likely get more for your BTC??

Thanks so much for your responses . . .

So since there is a fork imminent i.e. BCC would it be worth selling Altcoins back into BTC in order to gain the free BCC?

I'm not sure whether it will gain much support but it could given the small Chinese following.

Hey,

Obviously there are a lot of different opinions on what may happen to Bitcoin and other Crypto Currencies on 1st August . . . so I'm only speculating but can I inquire about the following outcome.

My understanding in the event of a split we will receive two lots of coin on each chain, and the likelihood is people will flip coins from the least favourable (BTC Core or BTC Unlimited) and the price of both will go up/down accordingly.

My question is what happens to Altcoins which you're holding and paired with BTC . . . if you want to sell later down the line what do you get in exchange? BTC Core or BTC Unlimited or both? 

I am holding a lot of Altcoins and just wondering if it is better to sell now so I can independently choose which BTC chain to invest in.   

Many thanks,

Rich

The Second Phase is over though . . . so two weeks from now . . . ?