Buy more bitcoin or wait for August 1st?

[Makka]

You have nothing to worry about actually. That August 1 date is not the end of the world; neither for man nor for bitcoin. So if you want to buy, buy anytime you want, regardless of that August 1 schedule. That does not matter at all. If you want to invest in bitcoin in a long-term basis, you go ahead now. If your plan is to invest in it, hold it for a short period of time, and then sell it when its pricey already, you can still buy right now. That August 1 schedule will actually fix bitcoin-related problems rather than cause some more. Feel comfortable and easy.

[AicecreaME]

And there could also be a huge pump after August 1st!

Yeah, that is why it is better to buy bitcoins on its DUMP state so that we are only going to wait for its price to go PUMP again in order to have the profits that we are hoping because we have invested our money in bitcoin. Actually it is always the right time to buy bitcoins since we are sure that its price would keep on increasing every day.

And in the near future, I'm sure that the bitcoin holders would be millionaires because of being patient on waiting for the right time.

[coynedterm]

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.

If you are fully forced by your mind to buy Bitcoin before 1 August then I will suggest to buy a small amount of Bitcoin and buy rest of them in the next of week in August .
Because there are both the possibilities after the hardfork , so it may be more better for you to spent money for the Bitcoin 50-50% before and after of the fork .
Here nothing is fixed before the fork because the main reason of the possibilities of success or not , may be new thing in the Bitcoin may give the bad or good impact over the Bitcoin users .
And also it may be possible that after the split of the chain people run toward the second coin and that results into down of the price of the Bitcoin due to internet in the another coin ( bu) .

[Kakmakr]

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.

If you are fully forced by your mind to buy Bitcoin before 1 August then I will suggest to buy a small amount of Bitcoin and buy rest of them in the next of week in August .
Because there are both the possibilities after the hardfork , so it may be more better for you to spent money for the Bitcoin 50-50% before and after of the fork .
Here nothing is fixed before the fork because the main reason of the possibilities of success or not , may be new thing in the Bitcoin may give the bad or good impact over the Bitcoin users .
And also it may be possible that after the split of the chain people run toward the second coin and that results into down of the price of the Bitcoin due to internet in the another coin ( bu) .

Nope, a week is too short for people to see what direction this is going to go towards. The fork with Ethereum took a week, but their protocol is not the same as Bitcoin. < Andreas seems to think it will take 2 to 3 weeks for everything to settle down >

I would just make sure that I would transfer my coins out of 3rd party services to my cold storage for me to have have full access to my coins, because I will have the private keys. Then after the fork, you can decide what route you want to take, because you will have both options. ^smile^ 

[DOGE12321]

Personally, I am waiting. Hard forks are highly unpredictable. Usually, prices see dips before the hard-fork as many people, like you, are confused and switch to another altcoin. Once the hard-fork occurs, they switch back to the desired version of the coin. I have already done so. I have shifted the bulk of my Bitcoin into gold which is staying at a steady price and I am going to wait out the hard-fork. I believe there will be price correction before and after the fork. It is going to be crazy and confusing, but I know that my current amount of money is safe with gold.

[emezh10]

Personally, I am waiting. Hard forks are highly unpredictable. Usually, prices see dips before the hard-fork as many people, like you, are confused and switch to another altcoin. Once the hard-fork occurs, they switch back to the desired version of the coin. I have already done so. I have shifted the bulk of my Bitcoin into gold which is staying at a steady price and I am going to wait out the hard-fork. I believe there will be price correction before and after the fork. It is going to be crazy and confusing, but I know that my current amount of money is safe with gold.

smart move. But for now I think the bitcoin will pump as the day pass. Because as you can see in the chart bitcoin price is pumping day by day so If you are going to invest now and hold it for long term then you will have a great amount of profit so for me dumps is normal just stay still hold your bitcoin.

[gribble]

I will buy more bitcoins before Agust 1st put on poloniex.com hope my bitcoins become two
 i think the two chain of bitcoins will be alive and one of them be an altcoin,
 so i have doubles bitcoins and doubles money, unfortunately i don't have free money for buy more
 i just can stop trading altcoins and hold in bitcoins before Agust 1st.

[Netnox]

My advice would be to wait until August 1. You already have significant holdings of Bitcoin and it makes no sense to purchase anymore at this point of time. It is difficult to predict what will happen on August 1. Experts have made all sorts of predictions, with each one wildly differing from the other. It seems to me that even they are not sure about their predictions.

[planfox]

Personally, I am waiting. Hard forks are highly unpredictable. Usually, prices see dips before the hard-fork as many people, like you, are confused and switch to another altcoin. Once the hard-fork occurs, they switch back to the desired version of the coin. I have already done so. I have shifted the bulk of my Bitcoin into gold which is staying at a steady price and I am going to wait out the hard-fork. I believe there will be price correction before and after the fork. It is going to be crazy and confusing, but I know that my current amount of money is safe with gold.

smart move. But for now I think the bitcoin will pump as the day pass. Because as you can see in the chart bitcoin price is pumping day by day so If you are going to invest now and hold it for long term then you will have a great amount of profit so for me dumps is normal just stay still hold your bitcoin.

I, too, am going to keep my coins for a long time. But I'm a little scared of the conversations that now are around the date of August 1. It is not known what will happen. Sometimes you expect one development of events, but you get something completely different

[iamTom123]

On August One, Bitcoin (and the rest of us likewise Bitcoin holders) would be crossing a bridge -- it would be a bridge of no more return. What can happen after crossing the bridge would go down in history but I am hoping that  there would be some fireworks to make it more exciting as boring is not a trademark for Bitcoin.

Personally, I prefer not to say anything whether one should buy more or to sell some Bitcoin before that date. It is a personal call so it is something you have to decide on so that come what may it is all your own decision and you have no one to blame.

I expect that there would be no split...but in case there would be then that is not something to be called as the end of Bitcoin. Ethereum did not die when they split. Yes, there can be a drop in value if that will happen but Bitcoin has this ability to surge back after falling back.

We have to avoid a hysteria here as that is only killing all of us. We are all in one boat -- the M/V Bitcoin -- so we should looking up to one another.

[amanojaku]

just buy it now
if the price goes drop it's alright you can wait little longer for price up again
but if the price going high you're lucky to have bitcoin in your wallet

[Darwin02]

I cannot advise to buy since I'll never buy any BTC I'll do work to have it. I'll never worried about price volatility it's just a number for me and I'll already get profit for my holding coins long time ago. My suggestion is to hold what you have right now and wait for August if you see the price going down more then buy but honestly if I see the price below $2k I will never think twice I just buy directly.

[Juggy777]

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.

Well Firstly secure your coins, using private keys then I feel defer your purchases is a sensible ideas, cause what may happen on August 1st is sure to change the course of Bitcoins forever. I don't know if coins price will drop or will it suddenly shoot up its best not to make a investment now, rather wait for the future and it's hardly days now so I believe you should not make a purchase, or keep on observing and see if prices fall then go for it.

[Novun]

Always buy more bitcoin. If the past has thought us anything is that cryptocurrencies will prevail. If you are afraid of losing your money simply use Etf-s.
You can use a regulated broker to benefit from the price movement of bitcoin. I'm not going to post any link but you can find plenty of options.

[darthmaul]

If you have big money to invest in the bitcoin then just split your investment into two different assets. Keep one for yourself in the form of local currency and second asset you invest completely into bitcoin before August 1. Then wait for the August 1st to come into effect and keep updating yourself about the after effects. If you see any upward moment then just put the reserved assets into bitcoin and you can enjoy bi royalty by that way. If anything goes wrong then also you will get some share of your first asset and the second asset is completely yours. :-)

[mundang]

I will buy more bitcoin right now,cause in the month of august well see some increase in bitcoin price. Its only my speculation its up to you if youre gonna believe me.

[orpel]

I believe no one can say what will happen after this split.
We might see a jump in the price and we might see huge sell and falling price.

What do you think will happen to the other coins (ETH and other coins) after this split?
Do you think other coins will behave the same or the other way (investors might see other coins as a safe place to hold their currencies during the change).

[coolcoinz]

I'd also buy now. I'm not saying right now today, but keep observing the charts and try to buy at the lowest possible point. Maybe it will be tomorrow and maybe on Friday, but people are taking advantage of uncertainty in the market and trying to push price as low as possible to buy back before another pump that will come after SegWit activation.

[yellow1]

I will buy more bitcoin, i never sure but for me its a good idea. Because in august comes i will wait the surprising price of bitcoin. I think this is the time to buy more bitcoin before the month of August. I think August is not the end and we surprising what is happen and i think its a good. I do not worry about coming on August because bitcoin is not end and the price is maybe high. I will buy more bitcoin because i think this is the time i invest more and i will wait until August. No one knows what going on August but for me i believe in bitcoin.

[africa34]

I think buying now is better because the price is low It is possible to keep the price but it is high very soon.