Sell Bitcoin ahead of 1st Aug Hard Fork

[quarkyplum]

If Segwit will come and price of BTC down because of Segwit only than after that obviously price will going up more than present price. So i think no worry if you hold BTC. Price will definitely increase in future.

Why not choose selling your Bitcoin to buy extra amount although you know the price can falldown in next time? If you know that but still hold your Bitcoin,  you will waste your money and not helps to make more profit, just make you have scared and wating long time.

[cramcram21]

Nope I think I would hold my bitcoin and see what happens next,
I think it would rise up after the price drop down since more investors are going to grab that opportunity.

[xSkylarx]

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2)  Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

To answer your question number 1, August 1 is going to be a bad or a good day depending on the changes implementrd so I expect a volatility as we approach the date because of the uncertainty. To answer your question number two, I would consider buying back in right after the news about August 1 hardfork has been released if it is good because it is the best time to rebuy if it would be a success and was good. If it wasn't wait a little more a few days or weeks before debuting back bitcoin.

Yeah we should really wait for the effect before we panic and sell all our coin,
It might be good to hold or sell some before August 1 then buy back if the price drop down.

[anujjain]

I don't think any drastic step will taken on 1st Aug. They tried before this but when time came they backed off.

I am expecting same this because developer stakes are too high we even can't think. If something wrong happen price will fall sharply and they will also lose big chunk of their funds.

[The_Dark_Knight]

Some are scared off by the August 1 Hard Fork speculations

what is this August 1 "hard fork" you are talking about? there is no hard fork there.
there is only a Soft Fork planned on that date and only if it gains enough support and so far it doesn't.

there is also one thing wrongly named Hard Fork which is a joke and mostly a public stunt by bitmain and it is irrelevant.

While the idea of a hard fork is a joke in the sense there was no software to try to make that a reality when it was announced, it is not a joke when it comes to the power behind it, about 80% of the hash rate were supporting this, that is not something to laugh about it.

[HasHe]

Hi everyone,

I have recently sold a large part of my BTC  portfolio as I was spooked by a various sources telling me that BTC was heading for plummeting prices  following 1st Aug and hard fork.  They have also said that  July will be incredibly unstable in terms of price as we approach the deadline.  I a now sitting on cash and waiting for the best time t go back into BTC

Given that the price of BTC has risen every day this week and feeling that I sold unnecessarily and am considering buying back in.  can you feedback to me.

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2)  Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

Thanks all

Matt

Many people did the foolish act of selling their bitcoins at the bottom price of $1800 due to the fear of hardfork.It was a lucky chance for big whales who were awaiting for that situation eagerly.They just grabbed those BTCs at very cheap price.Those who have sold BTC at that time are now regretting for their decision.

[CoinCidental]

Hi everyone,

I have recently sold a large part of my BTC  portfolio as I was spooked by a various sources telling me that BTC was heading for plummeting prices  following 1st Aug and hard fork.  They have also said that  July will be incredibly unstable in terms of price as we approach the deadline.  I a now sitting on cash and waiting for the best time t go back into BTC

Given that the price of BTC has risen every day this week and feeling that I sold unnecessarily and am considering buying back in.  can you feedback to me.

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2)  Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

Thanks all

Matt

Many people did the foolish act of selling their bitcoins at the bottom price of $1800 due to the fear of hardfork.It was a lucky chance for big whales who were awaiting for that situation eagerly.They just grabbed those BTCs at very cheap price.Those who have sold BTC at that time are now regretting for their decision.

We told them not to panic sell but they were greedy and expected to buy back moar btc..... Now it's the time to get back in before 10k and then 100k.....

Don't let one bad call ruin your moonshine Gentlemen 

[anga3636]

Only an idiot would sell now, the price is likely to double as soon as we get segwit2x...

Right only those sell bitcoin now who has not know the power of bitcoin, who idoit they sell their bitcoin now because they have no knowledge and no more expert in bitcoin techniques that is they sell before the August. You are right that after the segwit its price will be more increase to it's double.

Haha, because you not see in history you can say that, after have news about hard folk and when near deathline, the price of Bitcoin "usually" fall down and panic seller will happening. Although, I love and still using Bitcoin, but keep safe my money important than invest have more risk

the worst thing i ever bought with BTC was USD ........

On the off chance that you take the essential careful steps than you don't need to be stressed over your bitcoins. A few people have clarified straightforward and reasonable approaches to play it safe and it isn't difficult to tail them. All of individuals are as yet exchanging, shopping or sing other stuff with bitcoin as they typically do. Very few individuals fear august uncommonly specialists. Some are likewise recommending that bitcoin may reach $3,000 before the finish of 2017 in view of August 1 BIP148 proposition. So there is not something to be stressed over.

[atjiat]

I don't think any drastic step will taken on 1st Aug. They tried before this but when time came they backed off.

I am expecting same this because developer stakes are too high we even can't think. If something wrong happen price will fall sharply and they will also lose big chunk of their funds.

I think that selling Bitcoin today will be available only for those who want to spend their money and buy something important. Of course, today the rate is much better than even a month ago. But I would not advise giving everything now.