Buy more bitcoin or wait for August 1st?

[dmamigo]

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 can not be able to see what is going to happen especially to the price of bitcoin once the month of august have started, there may be a certain drop but most people seeing a possibility that there will be a certain jump on that month . Its your choice whether to buy now or wait until august 1 to buy, but probably waiting for that day might lose you an opportunity if ever the price gets higher .

and i am sure that the price is not going to down but it will continue increase and therefore i think buying bitcoin in the present time will be really a very good decision.

Why you are so sure? It can drop easily, I think in this case it is just better to wait until August and then try to buy bitcoins, because after this bitcoin will go up deffinetly.

What if the price rises after that? But ya, there is chance of falling. Many panic sellers are there who are ready to sell their BTC.
But its better to keep acquiring BTC. But keep in mind, buy the amount you can afford to lose.
And also keep your BTC in paper wallets, for more security, if you want.

[richardsNY]

With the current price drop if we have a lot of money we can use it by buying more bitcoins than we have to wait for the uncertain of the future then use this opportunity by investing some of the money we have into bitcoin.

It's not that the price has gone down a lot that will motivate people to directly start buying. If we look at the last days, and then mainly how much the price has gone down, then it's around 15% in total. At this point it still looks like a normal market movement, so from here we'll need to see how much more it will move towards the South. I personally don't find it interesting enough to start buying at current levels -- I'll jump into action as soon as we dive below the $2100 level.

[hurain]

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 can not be able to see what is going to happen especially to the price of bitcoin once the month of august have started, there may be a certain drop but most people seeing a possibility that there will be a certain jump on that month . Its your choice whether to buy now or wait until august 1 to buy, but probably waiting for that day might lose you an opportunity if ever the price gets higher .

and i am sure that the price is not going to down but it will continue increase and therefore i think buying bitcoin in the present time will be really a very good decision.

Why you are so sure? It can drop easily, I think in this case it is just better to wait until August and then try to buy bitcoins, because after this bitcoin will go up deffinetly.

What if the price rises after that? But ya, there is chance of falling. Many panic sellers are there who are ready to sell their BTC.
But its better to keep acquiring BTC. But keep in mind, buy the amount you can afford to lose.
And also keep your BTC in paper wallets, for more security, if you want.

the best time it to buy bitcoin in present time. although the price can fell down a little more but not so. so even if you have some assets you should invest it right now and you will really get a good profit from it if the price goes up.

[stromae]

With the current price drop if we have a lot of money we can use it by buying more bitcoins than we have to wait for the uncertain of the future then use this opportunity by investing some of the money we have into bitcoin.

Not wrong, with the current situation it's really hard to have an accurate prediction about bitcoin prices in the exchanges. So hard to decide keep or sell.

[Superzpay]

I believe that there is no need to wait on August 1, this too much time can be wasted.

No need to wait on August 1,Totally false news by haters why? Just because to down bitcoin.If people ever believe that it will come down from August 1. Then people will stop investing in bitcoin like that the price of bitcoin will come down.so this is the story of August 1.So no need to waste time.

[Siren]

I believe that there is no need to wait on August 1, this too much time can be wasted.

No need to wait on August 1,Totally false news by haters why? Just because to down bitcoin.If people ever believe that it will come down from August 1. Then people will stop investing in bitcoin like that the price of bitcoin will come down.so this is the story of August 1.So no need to waste time.

Hurry, buy bitcoin now before the price increase again. From the looks of it, the panic selling has subside a little bit and now the price is recovering. But just buy if you have every cash in your wallet otherwise you will be force to sell if you needed money for emergencies.

[qwertyup23]

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 can not be able to see what is going to happen especially to the price of bitcoin once the month of august have started, there may be a certain drop but most people seeing a possibility that there will be a certain jump on that month . Its your choice whether to buy now or wait until august 1 to buy, but probably waiting for that day might lose you an opportunity if ever the price gets higher .

and i am sure that the price is not going to down but it will continue increase and therefore i think buying bitcoin in the present time will be really a very good decision.

Why you are so sure? It can drop easily, I think in this case it is just better to wait until August and then try to buy bitcoins, because after this bitcoin will go up deffinetly.

There are only two possibilities of what could happen before or after August 1, which is a change in the pricr of bitcoins. Based from my experience, it is best to invest money when all prices are down since there is always the potential for it to increase again. But it may also be the other way around depending on the factors. Since the price of bitcoins are slowly decreasing, it still maintains its expensive value due to the law on demand and supply. That's why I really suggest for you to buy them now and invest it. Not to mention, waiting till August 1 consumes too much time.

[Doms]

I would rather err on the safe side and invest small amounts, as you normally would on a weekly basis. That way, you would be doing cost averaging, but always keep something on back up for when the price really dips, that would be a great chance to buy a lot at a bargain. Uncertainty looms and with August 1 nearing, it is best to stay informed and invest only what you can afford to lose because we will never really know what's going to happen by then.

[darklus123]

The splitting of bitcoin cannot really guarantee that the price would go down. It might intead be on another story but your decision is not bad either anyways all is just a prediction is it is really bettef to wait

[Sithara007]

The splitting of bitcoin cannot really guarantee that the price would go down. It might intead be on another story but your decision is not bad either anyways all is just a prediction is it is really bettef to wait

First of all, it is not clear whether there will be a split or not. Even if there is going to be a split, it is not necessary that the prices will go down. Look at what happened to Ethereum. After Ethereum Classic split from ETH, the prices of ETH actually went up.

[mostkey]

I would rather err on the safe side and invest small amounts, as you normally would on a weekly basis. That way, you would be doing cost averaging, but always keep something on back up for when the price really dips, that would be a great chance to buy a lot at a bargain. Uncertainty looms and with August 1 nearing, it is best to stay informed and invest only what you can afford to lose because we will never really know what's going to happen by then.

I think you are a coward, I suggest you to invest in a promising amount.With it maybe you big chance to have big profit,In the world of fear investment is the biggest enemy in making big profits.Thanks and sorry

[RoommateAgreement]

whenever this kind of uncertainty starts the whales start dumping to short bitcoin and make a lot of profit. and then the panic selling starts. these two steps have already happened. we saw the price fall and whales made a lot of profit. and again a new bottom formed around $2300 and showed a good resistance.

if you are investing in bitcoin these are the things you should also keep in mind. in order to be able to find a good time to invest and a good time to take the profit.

hint: it is already too late for both of them. sell time was >2800 and buy time was <2300

[just_Alice]

whenever this kind of uncertainty starts the whales start dumping to short bitcoin and make a lot of profit. and then the panic selling starts. these two steps have already happened. we saw the price fall and whales made a lot of profit. and again a new bottom formed around $2300 and showed a good resistance.

if you are investing in bitcoin these are the things you should also keep in mind. in order to be able to find a good time to invest and a good time to take the profit.

hint: it is already too late for both of them. sell time was >2800 and buy time was <2300

But if you are positive that bitcoin will be over >2800 soon (me too btw), then I think the buy time isn't over yet. It is $2,537 right now so it's still possible to have 10% profit if to buy now and sell at $2,800+.

[gokayc]

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.

Last two - three days were such a good opportunity to buy some bitcoin. If I were you I wouldn't wast good opportunity like this since no one know what may happen at 1st August.

[PhucS]

From now until August, more than a month away, it's not a long time, but I think you should not wait. If possible, invest in Bitcoin from now on. People are still wondering, do not know exactly what will happen after August 1 . If the Bitcoin value increases then that is a great thing; if it decreases then you will not regret it because you invested in it before. I just commented to you, good luck

[Quadast]

From now until August, more than a month away, it's not a long time, but I think you should not wait. If possible, invest in Bitcoin from now on. People are still wondering, do not know exactly what will happen after August 1 . If the Bitcoin value increases then that is a great thing; if it decreases then you will not regret it because you invested in it before. I just commented to you, good luck

If the August 1 big drop in the price of Bitcoin is already choking, I think that it really should wait and buy at a lower price. Only then can we raise a good amount of Bitcoin.

[malikusama]

My advice is to buy coins now rather than waiting for 1st august because it is not confirm that the prices will get low, but after 1st august it will surely boost up high. Don't wait get it man.

[Shahin320]

my opinion is,don't wait for 1st August buy bitcoin.
I hope bitcoin growing fast day by day.

[MMA]

The splitting of bitcoin cannot really guarantee that the price would go down. It might intead be on another story but your decision is not bad either anyways all is just a prediction is it is really bettef to wait

First of all, it is not clear whether there will be a split or not. Even if there is going to be a split, it is not necessary that the prices will go down. Look at what happened to Ethereum. After Ethereum Classic split from ETH, the prices of ETH actually went up.

in fact no one is so much clear about that. i myself sure that the price of bitcoin is not going to fell down in any case but will continue increasing, i am also sure that the price is not depending on the split but is depending on the interest of the people, if people are interested then the price will continue increase and hopefully will get strong support it start decreasing any more.

[keyinsight]

I am of the opinion that buying now is the right thing to do.

The reason is that the price will be lower now then after what appears to be a smooth transition to the new standard after August 1st.

Here is an article which explores this is detail: https://bitcoininvestment.news/segwit2x-bitcoin-transition-a-bitcoin-buying-opportunity/