xFiber (OP)
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June 25, 2017, 08:24:02 AM |
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So my initial plan was to invest more into bitcoin on a weekly basis but with the possibility of a split on August 1st I figured I'd wait a little. If there would be a split, there would certainly be a drop in price so maybe a good opportunity to pick some more up rather than doing it now. Normally I tend to make these kind of decisions for myself but since I don't fully understand what will happen August 1st I figured this would be the best place to ask.
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CryptoPro3
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June 25, 2017, 08:27:00 AM |
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And there could also be a huge pump after August 1st!
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HatakeKakashi
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June 25, 2017, 08:28:06 AM |
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Its better to buy bitcoin now dont wait august 1 because we dont know the effects of fork but I hope so theres no effect with the price of bitcoin. But dont invest all your money in bitcoin its better invest only you can afoord to lose because they have possible the price to dump in august 1 but I hope so not. Instead of dumping price its better if bitcoin pump in august 1
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nemagia
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June 25, 2017, 08:34:49 AM |
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I believe that there is no need to wait on August 1, this too much time can be wasted.
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just a man
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June 25, 2017, 08:38:21 AM |
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I believe that there is no need to wait on August 1, this too much time can be wasted.
I would just invest in Bitcoin if I really wanted it. Why wait for the price change? You'll only gain or miss out on like a .1 BTC or so depending on how much you purchase.
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danherbias07
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June 25, 2017, 08:48:23 AM |
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Why wait? If you really dont know what could happen then make the decision right now. Regret will only come at the end when the price goes higher at that time. There will be so much "what if's" right now but if you think it through, even if the price goes down at the said date after that it will still increase so there is not much of a change. Patience will be the key.
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CryptonomyCapital
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June 25, 2017, 08:56:10 AM |
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I think that the price will grow cause the act of split is done to make Bitcoin more agile and efficient so that it can handle more transactions which hopefully can unclog the backlogs of transactions in the blockchain.
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eaLiTy
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June 25, 2017, 09:02:39 AM |
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So my initial plan was to invest more into bitcoin on a weekly basis but with the possibility of a split on August 1st I figured I'd wait a little. If there would be a split, there would certainly be a drop in price so maybe a good opportunity to pick some more up rather than doing it now.
Nobody will have a concrete answer to this unless we have a clear idea on what will happen,even if there is a split you will be having those coins if you have the private key to your wallet,if the price of bitcoin goes down,just hold it and you will likely have the forked coins,will it have any value is another thing,there are risks involved when you are investing in the virtual world and if you are ready to embrace that,then you could make some good profit,i personally will keep some coins just to see what will happen and majority will be moved to other assets unless we have a clear path.
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meliodas
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June 25, 2017, 09:05:13 AM |
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Maybe the best way to do for this upcoming hard fork in bitcoins is to just wait for august 1 and observe what will happen,some says that it may be negative but some also say it would help bitcoins price to rise
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IGNation
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June 25, 2017, 09:54:43 AM |
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I think you should take the risk and buy more bitcoin than wait for august 1, I don't know what exactly will happen after August 1 but what if after that the value will increase you will regret not buying more bitcoin it is better to do something than just to wait its still depends on what you think is right for you do what makes you feel comfortable.
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BTCLovingDude
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June 25, 2017, 10:10:41 AM |
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August is about 1 and a half month away from now and all this time a lot of things can happen. if you already have invested in bitcoin before this, then i say keep holding that and postpone your weekly investment for a while but watch the price in order not to miss out on anything. but if you have nothing yet, then it may be a good idea to invest something at least.
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Karmakid
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June 25, 2017, 10:13:56 AM |
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If youre a risk taker and you have extra money that you can afford to lose if bitcoin hard fork will gone wrong and negative and damaged bitcoin totally,its a gamble i think because bitcoins may be gone in hard fork
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SMSabuj
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June 25, 2017, 10:15:36 AM |
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Already I have bought some bitcoin and Planing to buy some also. I hope after August Bitcoin will pump and it will reach about 5k. So, I decided to hold some bitcoin. And Thanks for this tips...
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xFiber (OP)
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June 25, 2017, 10:36:49 AM |
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August is about 1 and a half month away from now and all this time a lot of things can happen. if you already have invested in bitcoin before this, then i say keep holding that and postpone your weekly investment for a while but watch the price in order not to miss out on anything. but if you have nothing yet, then it may be a good idea to invest something at least.
I have some already today but I'm looking to be holding a lot more in the future. I believe in bitcoin as one token and technology but I'm not sure what will happen when there will be 2 chains. And therefore 2 different tokens, I don't think that is what satoshi intended. My weekly investment have so far been postponed until further notice.
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crazyivan
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June 25, 2017, 10:46:08 AM |
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Ah, if only we could foresee what s going to happen in two months, we d all be millionaires. All this is just speculation.
I think we ll have flawless implementation of SegWit2x and once this happens, the price will break all records. In the period before this event, speculators will try to dump the price as much as possible to fill their bags. However, this is just my personal speculation.
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nethan1btc
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June 25, 2017, 10:47:12 AM |
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Already I have bought some bitcoin and Planing to buy some also. I hope after August Bitcoin will pump and it will reach about 5k. So, I decided to hold some bitcoin. And Thanks for this tips...
My advice to you mate is you should buy before that said date will happen, because price will be more bigger after that and you could possibly hit the huge profit in the future. Month of August will definitely pump up the bitcoin price as those investors will increasingly hit that demands in the bitcoin marketplace; don't ever think it's a bubble but a reality.
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Immakillya
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June 25, 2017, 10:47:56 AM |
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Just buy right now while it's still cheaper and wait until August. It's risky tho. But worth the risk when it pumps. If you want, just do short trade for less risk. Or better look for alternative crypto for trade. Buying bitcoin is risky right now. We don't know what will happen once the hardfork occured.
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fullypak
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June 25, 2017, 10:56:15 AM |
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Just buy right now while it's still cheaper and wait until August. It's risky tho. But worth the risk when it pumps. If you want, just do short trade for less risk. Or better look for alternative crypto for trade. Buying bitcoin is risky right now. We don't know what will happen once the hardfork occured.
Bitcoin trading is a risky job. We don't know what will happen once August 1st finish everyone is telling the price will increase but our bad luck it decrease means it's a huge loss for us. The bitcoin price is $2600 this is not a small amount. So better do alternative coin trading wait for until August 1st. If you can take the risk then buy some coins your good luck, you may make a good profit.
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WallSinger
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June 25, 2017, 10:58:10 AM |
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You can't know the price in 1-2 months, maybe Btc will be 3500-4000 $. And maybe after an hypothetical crash August 1st, we will see Btc at 3000$, so better than now. So buy now!!!
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SamsungBitcoin
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June 25, 2017, 11:03:44 AM |
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So my initial plan was to invest more into bitcoin on a weekly basis but with the possibility of a split on August 1st I figured I'd wait a little. If there would be a split, there would certainly be a drop in price so maybe a good opportunity to pick some more up rather than doing it now. Normally I tend to make these kind of decisions for myself but since I don't fully understand what will happen August 1st I figured this would be the best place to ask.
We do not know what will happen on that date, much better if you have money to invest do it now. No one knows what will happen in the future if you have time to earn now much better to do some action and do not wait for the time that we do not know what will happen.
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