How are you preparing yourself for the 1st of August?

[Jalum]

Dont ever fear that day of bitcoin hard fork event,i have read some thoughts about it that it may help bitcoin community to get better and just a small percent on causing negative effects on bitcoins,but still different things may happen so we better get prepared

This. I am just trying to build up the amount of Bitcoins that I have, it doesn't matter if the price of Bitcoin loses it's value at least I would have more Bitcoin when that happens. The price is very likely to pump during that time since there's a bunch of people interested in it.

[bamboylee]

The price of bitcoin will really take a hard hit if others will follow op's move to dump bitcoin for alt-coin. But if we do not dump, just move our coins into a secure wallet where we control the private key, it will be fine. We do not have to panic because hard fork may not even happen.

[erickkyut]

I will do nothing. I will just continue what I'm currently doing. Join signature campaigns, earn bitcoin, then buy some altcoins for long term profit. those are the things that I usually do. If ever bitcoin price will go down, there's still some time till it goes up again.

[erickkyut]

I will do nothing. I will just continue what I'm currently doing. Join signature campaigns, earn bitcoin, then buy some altcoins for long term profit. those are the things that I usually do. If ever bitcoin price will go down, there's still some time till it goes up again.

[Kprawn]

Do read this post on the Important Ann section:

https://bitcointalk.org/index.php?topic=1836611.new#new

The gist of it: nothing to worry about as long as you're in complete control of your Bitcoins. Not sure what that means? The post will tell you what to do.

Just wait it out and see what will become the dominant coin. { If it splits } You will have the same amount of coins on both chains, depending on how the

coin split will happen. I will sit back and see how it plays out.... my coins are safe in cold storage and I have full control over what will happen once the

coin splits. Moving everything to Alt coins will be stupid... Alt coins will come down hard, if Bitcoin fails. 

[Nicol3]

I actually am not preparing anything for August 1, if the price drops then I'm sure it'll increase its value back again and stabilize. So whatever happens this first of August, I'm still holding on to my bitcoins.

[BillyBobZorton]

Check the news: August 1st is no longer relevant, it will be another regular day in the land of bitcoin, it is a non event because segwit is going in before august 1st since miners agreed on the segwit2x thing. It's not ideal, but we get segwit anyway, and there will be no hardfork later on most likely, because no one will run non-Core approved software, and those that do will meet bankruptcy, so stay calm, but it's always good practice to store your coins in your local wallet, never on the exchanges, remember that.

[carlisle1]

The price of bitcoin will really take a hard hit if others will follow op's move to dump bitcoin for alt-coin. But if we do not dump, just move our coins into a secure wallet where we control the private key, it will be fine. We do not have to panic because hard fork may not even happen.

that's the right move that we should take, as long as we do still have the numbers dropping the value won't be that easy don't let the whales to grab the opportunity of buying your dumped coins, whatever happens just keep holding and for sure it will recover and bounce back much stronger.

[Junko]

95% of my bitcoin hodlings are off exchanges. No matter what happens, I plan on staying calm and not panicking or doing anything rash with my bitcoins.

[nightxglow]

Well for me, i'm keeping my bitcoin. Have no intention to sell or change them to any altcoin though.
But if i need to do that, i'll prefer change my btc to usd. But i think that won't happen. Because i believe in bitcoin, and don't want to regret about it later if i act recklessly by selling them.

[Lieldoryn]

I actually am not preparing anything for August 1, if the price drops then I'm sure it'll increase its value back again and stabilize. So whatever happens this first of August, I'm still holding on to my bitcoins.

If before August 1 will actually start a panic and people will sell their bitcoins, I will try to buy as many coins as possible at the lowest price. I believe in bitcoin and I am sure that he'll regain its value and price will even grow. Just whales buying coins alarmists.

[unamis76]

I don't see why the 1st of August will require special preparation... Maybe accumulate a bit of fiat in order to buy more coins in a speculative possible dip after we scale? Other than that I see no reason to do specific preparation for anything...

[haroldtee]

As far as I am concerned, the most important thing which I have done so far is to move my coins to a desktop wallet, precisely Exodus which gave me access to my private key. I don't care if bitcoin's price comes down as a result of any fork, but I ain't moving to any altcoin cause that would be the biggest mistake of a lifetime. But whatever will happen, we all don't know anyway and I hope things get better cause I am sure that is what most of us wants. Once we remove the fear, Bitcoin will always be at the top of its game, fork or not!

[dmamigo]

Not really, but since many few days, I started reading various articles and also got some suggestions. I was suggested to have my Private keys to myself.
Till now I haven't took any further action, but I am thinking to secure my bitcoins. Though I won't stop to acquire and still continue to hold.