Buy more bitcoin or wait for August 1st?

[xhienigat]

If I were you, I should buy bitcoin now and not wait on the 1st of August. If you are looking for long term trading then you shouldn't worry about the segwit2x coming or bitcoins price corrections.

[PancherBitCoin]

If I were you, I should buy bitcoin now and not wait on the 1st of August. If you are looking for long term trading then you shouldn't worry about the segwit2x coming or bitcoins price corrections.

I can not understand what it is again for the contradictory information. Why is it that people start to agitate today, But that they start to buy Bitcoin comma because August can change completely the whole rhythm of the financial market kriptovalyut. I believe Bitcoin and I hope for an adequate price increase, but this excitement seems to me not justified.

[TopT3ns]

only 1 month, i think maybe wait for news is safe plan to do. investment must do in really safe way and only conclusion without analysis is not good for investment because bitcoin price always affected with news

[Victorycoin]

If you have money then you should buy bitcoin right now.  If you will wait until august perhaps its price maybe higher than today.  We do not know what will happen on August but I would like to think that its price will not be affected.

It is rather unfortunate that a good number of fellow bitcoiners here are groping in the dark out of sheer laziness or insatiable greed for more coins that takes their eyes off things going on around them but I used to hear that a man's heart is always where his treasure is.

Come August 1st, the Bitcoin network is scheduled for a soft fork and not a hard fork. The proposed hard fork is slated to come up 6 months later, until then there won't be any split of the Bitcoin network if at all there would be one!

Essentially the soft fork will start to ease one or two of the issues affecting the network. Is it a time to run for cover? Would you rather join the panic party and dispose off your coins only to pay more for them after August 1st? Life is full of choices - becoming wealthy is one, so also is penury.

[hurain]

only 1 month, i think maybe wait for news is safe plan to do. investment must do in really safe way and only conclusion without analysis is not good for investment because bitcoin price always affected with news

I do not think that we need to wait but should try to buy bitcoin right now , because i am sure that everything will be in favour of bitcoin and noting going again it. therefore it is a good opportunity to buy bitcoin right now and do not wait.

[Netnox]

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.

Now it looks like the chances of a split are quite low. So I would advise you to continue with your regular investment plan. There is a chance that a spike can occur on August 1. If that happens, actually you can do some profit booking as well.

[avikz]

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.

My suggestion is not to wait till August first to buy more bitcoins. We are not aware of the impact of the fork and hence the price. Bitcoin price is now stabilizing at 2500 level to take another leap. It has regained much of its strength and the next surge will be huge. SO it's better to buy at least with a major percentage of your invest-able money.

Once you have bitcoin bought at 2500 level, then you can plan for August first and if you see another opportunity to buy then, please go ahead. But don't miss the chance to buy bitcoin at 2500 level now. You will regret.

[angaper]

A similar expectation was experienced in the weeks prior to last year's halving, which occurred without particularly drastic effects on the bitcoin price. Given that the bitcoin ecosystem seems stronger than last year, I am not in favor of thinking that in August we will see strong movements in the price, and I am more given to think about a non-event that day.

Therefore, I plan to continue my gradual acquisition of bitcoins throughout the year, with no special breaks in view of the announced August event.

[Em00n01]

I think, you should buy now. There is a possibility of rising bitcoin after August 1. It's a good time to get some bitcoin.

[xFiber]

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.

Now it looks like the chances of a split are quite low. So I would advise you to continue with your regular investment plan. There is a chance that a spike can occur on August 1. If that happens, actually you can do some profit booking as well.

Yea maybe I should just carry on with my investment plan, since I'm holding for the long term. We'll see what happens this summer maybe there will be a huge price spike. If not I guess I will HODL for the time being. Thanks for all the replies so far. I've gotten a lot more insight regarding this matter!

[PGLEZ1]

This is a standard split.  If you own 1 bitcoin at $3000, after the split you will get 2 bitcoin at $1500 each.  You still have $3000.  With a standard split, the price usually goes up after the split.
It this were a reverse split(which it is not), you would have 1 bitcoin at $3000 and after the reverse split you would have 1/2 bitcoin at $3000.  Reverse splits usually take the price down after the split.

[Marma Kalari]

Now it looks like the chances of a split are quite low. So I would advise you to continue with your regular investment plan. There is a chance that a spike can occur on August 1. If that happens, actually you can do some profit booking as well.

Even i hope that there wont be any major shake up and i do not want to see a split in bitcoin,i really hope everything goes well and i do not want to spend too much money now because of the uncertainty ,will decide about it at a later time as i am not looking for a huge profit but i want to make sure that i do not lose anything.

[Oxydarck]

In my mind if we buy more bitcoin now better than waiting for August 1st because maybe bitcoin Rising in price and than you can't buy more bitcoin , it will be hard to buy it .

[Fireblade]

Now it looks like the chances of a split are quite low. So I would advise you to continue with your regular investment plan. There is a chance that a spike can occur on August 1. If that happens, actually you can do some profit booking as well.

Even i hope that there wont be any major shake up and i do not want to see a split in bitcoin,i really hope everything goes well and i do not want to spend too much money now because of the uncertainty ,will decide about it at a later time as i am not looking for a huge profit but i want to make sure that i do not lose anything.

yes we are hopping so and to me if a person have some bitcoin, they should hold it and not to sell it, and i person do not have it then he should wait for some time, then August and when he become sure about the price of bitcoin that is not going to effect by the present issue then he should start buying bitcoin bitcoin still has to increase more and therefore can give you good profit.

[Tyrantt]

If I were you, I'd buy now. Because even if there's a drop in price, the fact is that the bitcoin will sometime in the future surpass the current pass, so it's kind of a sure profit just would depend on time and your patience.

[Nevis]

I will recommend you just to wait for august 1 and look what will be the effect of bitcoin hard fork in that day and what will be the effect on price,if its good and helps bitcoin then give it a shot to invest but if not then find another opportunity

[chixka000]

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.

I think that your assumption is just right. If you are pretty sure that the price would goes down during the split then wait for the split time monitor and buy on the lowest price as possible if you succeed then during the next days or weeks when the price would start to pump again then you probably gain your profit.

[DoublerHunter]

We should wait after august 1 to see if the fork will have a great impact for bitcoin because the future is unpredictable and we might see a huge dump in bitcoin because a lot of people i know treat the event in august 1 as a selling point for their bitcoin so i think some of the other bitcoin user or holders think about the same thing so it is better to be sure than sorry.

[andrei56]

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.

Why wait? Because the op is unsure of what to do, we are going to either get a huge pump or a huge dump and there does not seem to be an indication of what we are going to get, so it is reasonable to wait, instead of taking a decision in a hurry.

[ethereumhunter]

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.

i think its a good idea to buy more bitcoin on a weekly basis but you need to prepare some money to buy. i think you don't have to wait until august 1st to buy bitcoin, because we don't know what will happen in that time and if somehow in august, the price is up, then you have your own bitcoin in your wallet and you can sell it. but if you think that you want to wait until august 1st, then its a good idea too but you don't have to getting sad if in august, you see the price is increase and you don't buy bitcoin from now.