Cash-out or buy Alts before August 1?

[Grant Hero]

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.

[omonuyak]

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.

[TheGodFather]

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.

[Tyrantt]

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.

[bitcoin31]

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.

[Intersan]

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.

[Celsiuss]

I don't think neither is necessary. Just hold it and see what happens, nothing big should happen really.

[Bagaji]

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.

[futile-resistance]

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.

[mrcash02]

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.

[The_Dark_Knight]

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.