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1  Economy / Trading Discussion / Re: Strategy for upcoming BTC fork? on: November 06, 2017, 01:42:09 PM
OK I see a lot of mixed opinions here. Getting wiser every minute Smiley

I understand from this that there is no generally accepted way of dealing with these forks.

As much as i'd like to put my eggs in several baskets I will not (for the sake of blunt greed I must admit) shift to altcoins before the fork. For the same sake I recon that many BTC holders will do the same as whether or not B2X will get support or not will only be known after the fork (proof of pudding is in the eating). ALSO, with respect to selling directly, we do not know which chain will become the dominant one. Therefore I am inclined to keep by B2X at least until that situation has become more clear.

How do you build in securities that you are not sleeping when this will all happen (stop loss orders or something)? How do you keep track of the exact status of the fork? Which block we are now and when are we 'one hour' before the fork?
2  Economy / Trading Discussion / Strategy for upcoming BTC fork? on: November 06, 2017, 07:51:27 AM
Hi guys,

new here, been reading a lot of tips & tricks and learning a lot from all you guys so thank you for that already!  Grin

About the upcoming Segwit2X BTC fork I was wondering what trading strategy you are considering. Given the past two forks of BCH and BTG, I assume:
1. The overpriced BTC goes immediately down after the fork and settles at near the 5k area (just an estimate).
2. The value from BTC flows mostly and directly to the altcoins.

As there is no way to accurately predict when block 494,784 is mined, there is a good chance some of us are sleeping (as I was during the BTG fork) while all this action takes place.
From logical perspective, I'd want to move my BTC to e.g. LTC/XRP/IOTA/.... almost instantly after the fork. Hereby I take my gains from BTC while also profiting from the increase in altcoin values. In a later stage, I will use the surplus from the alts so re-invest in BTC and end up with more than I have right now. However, as I will likely have most my BTC on my ledger and exchanges do not support consequential trade orders (e.g. (1) sell BTC, (2) buy XXX etc), this might prove difficult. Undecided

So.. What strategy will you be using?  Huh
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