OmegaStarScream (OP)
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July 09, 2017, 01:43:44 PM |
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
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Kronos21
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July 09, 2017, 02:00:08 PM |
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I'm not going to do. The situation after August 1, be sure to stabiliziruemost and all who sell their coins will regret it. The same situation with the dollar. Many people want to abandon it, but if you do it right then the price falls and you can stay without money. In order not to lose your money I until September I will not conduct any transactions, and then I'm sure all that will, as before, but the price of bitcoin will rise.
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Mandoy
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Aurox
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July 09, 2017, 02:01:29 PM |
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
We should not panic and sell our bitcoins or buy more bitcoins due to unclear results from that upcoming date. But to be sure let us take some safety measures and that is to split our investments. If you have 10 bitcoins on your wallet or on the exchanges the most safest way is to convert half of your saved bitcoins on your wallet to fiat currency while the remaining just save it on your wallet. This kind of strategy will lessen the risk of what is about to happen. If there is a pump on the value of bitcoins then you still have btc on your wallet and you will still profit. If the value of bitcoin will drop tremendously you have your fiat currency that you can use to buy bitcoins at its lowest value.
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mobilezz
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July 09, 2017, 02:07:01 PM |
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
We should not panic and sell our bitcoins or buy more bitcoins due to unclear results from that upcoming date. But to be sure let us take some safety measures and that is to split our investments. If you have 10 bitcoins on your wallet or on the exchanges the most safest way is to convert half of your saved bitcoins on your wallet to fiat currency while the remaining just save it on your wallet. This kind of strategy will lessen the risk of what is about to happen. If there is a pump on the value of bitcoins then you still have btc on your wallet and you will still profit. If the value of bitcoin will drop tremendously you have your fiat currency that you can use to buy bitcoins at its lowest value. You are right, you need to invest in different assets. You can not keep everything in crypto currency, bitcoin. I think that because of the panic on August 1, we will get a price collapse. And at this moment I plan to buy as many coins as possible, and then keep them
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wizmo
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July 09, 2017, 02:10:53 PM |
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I would say hold it don't panic sell because bitcoins are in the market for many years and will be If you have many bitcoins in your wallet then holding it is the best solution rather than selling it cheap and hard fork is very unlikely.
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Tyrantt
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July 09, 2017, 02:26:54 PM |
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
To be honest, I'm not so sure either on what to do so I'll just try to gather up as many btc as I can and hope for the best and then just watch what the hell will be going on.
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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tigershark
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July 09, 2017, 02:28:52 PM |
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
My plan is to hold what I have and wait to see what happens. I have already diversified with several altcoins and bitcoin. I don't have a huge amount of money invested and I am willing to hold for the long term so I think overall I will make some profit.
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hydeevanz
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July 09, 2017, 02:51:56 PM |
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
Because i'm just a newbie here, i am planning to be a member of this organization and get a high rank too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But then some member are aware that in month of August there will be a changes in bitcoins value, i don't know if it will increase or not. So my advice is to better keep the bitcoin and be positive to the good results ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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1Referee
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July 09, 2017, 03:09:48 PM |
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I will not change that much. I have always kept the far majority of my coins firmly offline. I have a seperate stash that I purely use for trading purposes, so I don't have to touch my main cold wallet stash. I will just keep trading as I have always done, as I believe the volatility at that time will be insane, and extremely profitable if played well. My only concern is how the exchange(s) I am using will behave in such circumstances. That's why I am constantly monitoring all platforms for the latest bit of information.
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EXtremeAEX
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July 09, 2017, 03:21:41 PM |
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✓ Switch all my coins to a desktop wallet (used to be from online wallet) ✓ Buy more Bitcoins ✓ Save aside some cash to buy Bitcoins if everything goes well or if price drops down like crazy ✓ Holding it ✓ Not panic and sleep through it I am mainly holding it, I will just see how it goes, and decide my next move. I don't want to mass sell/buy Bitcoins and risk having the price not go my way, so I will remain neutral and monitor from afar for now. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ecnalubma
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July 09, 2017, 05:44:27 PM |
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As of now I have no plans, maybe I will treat it like an ordinary bitcoin day and lets go with the flow. I think the more bitcoin users panic the more that it will affect the price. Nobody is sure whether the hard fork, chainsplit or whatevver is good or bad for the bitcoin ecosystem.
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DaMut
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July 09, 2017, 05:51:42 PM |
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Well my plan is so simple, 1.Hold it because there's no way bitcoin will die these days,even if the prices going down 1000% just like 2014ish back then. 2.Buy some altcoin with high percentage success in the future ( not top cryptos but newly born altcoin with huge supporters ). It's simple because,miners are smart people they wont mine it if it will die soon.look at the difficulty right now ? It explain everything (of course in my opinion) even if the prices goes down,i am still having my second method and obviously altcoin will pump ver hard. It so simple right ? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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hoian0809
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July 09, 2017, 06:07:56 PM |
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I'm going to do nothing. I have some hope for SW's success. I think it will be very hard to get everyone to trust each other enough.
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kpcian
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July 09, 2017, 06:39:18 PM |
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i don't know why some people have spread out some negative impression about bitcoin, i certainly affirm that at the 1st August will nothing to the bitcoin. that news or rumors are from totally wrong perception, so keep quiet and smiling and connected with bitcoin as you are today... i suggest you that do not get panicked and confused. be cool.
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cramcram21
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July 09, 2017, 06:44:19 PM |
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
I think I would cash out some of my coins for my expenses before August 1, And hold my remaining coin and see how it goes what would happen after that.
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bitbunnny
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July 09, 2017, 06:54:07 PM |
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I don't think that something so dramatic will happen after the August 1st and there is definetely no room for panic. I don't have the plans to sell and I.don't think the big dump will happen. Besides at the nom there are not enough precise info, more rumors and that is the most dangerous situation for spreading panic.
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SMSabuj
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July 09, 2017, 06:54:55 PM |
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I also confused. I don't know what to do. But, If bitcoin dump, I will buy some bitcoin and other coins. And I want to hold them for the log period.
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deisik
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July 09, 2017, 07:35:25 PM |
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
US dollar for crypto is like gold for the rest of the world So if you don't want to risk your wealth, that should be an obvious choice ("better safe than sorry"). As to me, doing nothing is probably as bad as doing anything in a rush, since, as the saying goes, if you don't get shot down, you will end up run over. But even staying with dollars has its own implications. Say, if you withdraw the dollars (or whatever fiat you sell your Bitcoin stash for) to your bank account, then you are safe from anything that might go wrong with crypto as such, but if you keep them in your exchange account (e.g. for lending purposes), then the fate of your wealth is still in the hands of the exchange (that's what bugging me most right now). As an alternative, you can buy litecoins and withdraw them to your personal wallet, then wait out the storm not leaving crypto completely (and hope for the best)
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gentlemand
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Welt Am Draht
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July 09, 2017, 08:05:40 PM |
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Nothing much. I'll sit back and let things play out. I don't have any coins anywhere that doesn't give me control of the private keys. In the case of a chain split I wouldn't have a clue which side to get rid of. I'd be very tempted to get rid of both. If Bitcoin splits in a manner where both survive then I don't think I'd have much more interest in it.
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JL421
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July 09, 2017, 08:09:41 PM |
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No plans for now nor in future. I have backed up most of my coins in a usb and the coins which are scattered around on different wallets and exchanges will only be used to grow more bitcoins and transfer little by little to my offline wallet. Selling that to now is surely a no
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