Buy more bitcoin or wait for August 1st?

Few days ago, I am sure I would have said 'why wait?'. Can't say the same now anyway, as all I will tell you is follow your heart and do what is right for you cause this thread can never give you the answer you want as you will get more confused. Nevertheless, I think this hard fork is being too exaggerated like freebitco.in said on their site.

What to do... Either way it is painful. Either it goes up and you dont have, or it goes down and you have. I have tripled my investment, so happy but now all prices down and i am barely in profit. I like cryptocurrency, I want to be part of it. I will not sell nor buy at this stage.

Why wait until 1st august, whether bitcoin price will be cheaper on that day. I think in the last 2 years bitcoin prices tend to increase and no one can be sure when prices will fall or rise because demand for bitcoin is very high.

Quote from: bajing on July 11, 2017, 12:57:48 PM

It does tend to increase but even before August 1st we will see the price rebound once people realize there will be no contentious hardfork.

Dont wait for anything just keep on buying if you can. Ten years from now i will go back to this post and we will surely say "yeah im right".

Quote from: ximply on July 11, 2017, 01:35:56 PM

Dont wait for anything just keep on buying if you can. Ten years from now i will go back to this post and we will surely say "yeah im right".

Though we cannot predict bitcoin price on august if you have funds just buy on what you can afford. For me I just buy and hold bitcoin, because maybe it will happen price will double and we can make a good profit.

Quote from: ximply on July 11, 2017, 01:35:56 PM

Dont wait for anything just keep on buying if you can. Ten years from now i will go back to this post and we will surely say "yeah im right".

I don't think that you need to wait for that long. If Bitcoin succeeds, then by 2020 or the latest by 2022, hundreds of millions will be using the crypto-currency. The exchange rate can go up to $100,000 per coin, or even $250,000 per coin, if that many people uses it.

Quote from: Netnox on July 11, 2017, 02:52:31 PM

Quote from: ximply on July 11, 2017, 01:35:56 PM

Dont wait for anything just keep on buying if you can. Ten years from now i will go back to this post and we will surely say "yeah im right".

That is right. Because the beginning only is hard for bitcoin to keep up the price but now many users are spreading it to each community I am sure that bitcoin will multiply it's price maybe 1 or 2years from now. 8 years is enough for the head start and I think this is the time for the bitcoin multiply again it's price.

If there is a way to keep ones coin safe during or after 1 August that will be an alternative, but if there is not then to sell some of the coin will be a more advantage than keeping them all.

Quote from: xFiber on June 25, 2017, 08:24:02 AM

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.

The question shouldn't be to wait or not to wait for August, you should buy bitcoin. And now as all the people are panicking and selling and buying again we should use that to make some money. It's a matter of days or even hours when the price is 2600 and then 2200 and then 2500 again and so on. Buy low sell high and use that price fluctuations because of people losing their minds to trade some good profits. I guess the fluctuations will be even greater closer to August. Maybe a huge dump to 1700 and then people realizing it can go even to 3000, someone will be able to double it's money in a matter of hours.

Now people are frightened by the price of 1700 dollars for 1 bitcoin, but all have forgotten that such price was at the beginning of the year and all were happy. If you look at the price of a coin 1 time per year we see constant growth rates. Therefore, I believe in bitcoin and not afraid of anything.

I think that you need to wait a little more time, because many of them will sell coins because of panic and the price will drop significantly. Thus, you can buy coins at a low price and earn more.

I want to know what will actually happen on the 1st of August?
So before the coming of date 1agustus greatly affect the price of bitcoin.

I will wait and buy the next heavy drop.

Isolation certification of bitcoin, I don't think I may pass, because the 91% facing the attack, so I now hold wait the arrival of 8.1 currency positions Cool

Follow your instincts. As for me, I will have my bitcoin or possibly buy more to add to my collection

The price has already dropped significantly, maybe now is a good time to start buying bitcoin. Maybe not all at once but at least start with some portion of your money. We are never 100% sure that the price will really drop but if we buy some now, we are already in a good position. Just buy some more if the price keeps falling.

Quote from: HatakeKakashi on June 25, 2017, 08:28:06 AM

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

I agree that it’s better to buy bitcoin now and don’t wait on august 1 because we don’t know what the effect of fork on the bitcoin price. In addition to that, if you buy bitcoin now you can a sure that you could get a high income after august 1 but don’t invest all of your money and it’s better to wait. I hope after august 1 the price of bitcoin will rapidly increase.

I am still confused, whereas my friend's suggestion he said better buy some btc Huh

I just bought another Bitcoin for i see lower rate today