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Author Topic: Are you scared to hold until August 1?  (Read 2711 times)
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July 11, 2017, 11:53:47 PM
 #61

To be honest I am not scared to hold my btc until august 1 because if there will be surge after august 1 it will be a huge success and if there would be downfall after august 1 then i will hold it and will wait for the price to rise.
You will never feel scared if you know well about what will happen with bitcoin in August. I think you've seen the schedule for the scaling of bitcoin. that gives a lot of the explanation regarding what will be happening with the bitcoin in the early until the mid of August. But there is an explanation BIP148 proof of work change. Interesting for a watch. It will be a huge success of the chain will not be forked and another shitty clone of bitcoin such as BTU with the greedy team.  Roll Eyes

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July 11, 2017, 11:59:22 PM
 #62

To be honest I am not scared to hold my btc until august 1 because if there will be surge after august 1 it will be a huge success and if there would be downfall after august 1 then i will hold it and will wait for the price to rise.
You will never feel scared if you know well about what will happen with bitcoin in August. I think you've seen the schedule for the scaling of bitcoin. that gives a lot of the explanation regarding what will be happening with the bitcoin in the early until the mid of August. But there is an explanation BIP148 proof of work change. Interesting for a watch. It will be a huge success of the chain will not be forked and another shitty clone of bitcoin such as BTU with the greedy team.  Roll Eyes

Hey, to don't have a hardfork this UASF must not be activated?

Is BIP148 the opposite of UASF? (If one is accepted, the other can't be).

 
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July 11, 2017, 11:59:30 PM
 #63


We know what will happen with the said date but are you willing to take a risk to hold your Bitcoins or maybe some Altcoins. We are in the 'Red days' for how many weeks now and I think it is because of too many people is scared in what will be the results of Segwit on August 1.

Some of my thoughts in how most of us think.


*I will sell my Bitcoins first then buyback after august 1*

*I will sell my Altcoins because it is nowhere to going up anymore*

i don't scared with august 1, i still want to hold my bitcoin, i want to see what is happen in that date. if bitcoin price is down, then i can buy again but if bitcoin price is up, then i can sell in any high price that i want. its the same with my altcoins and i don't want to sell too soon because of my portfolio is down to bottom. its better to hold my altcoin than to cut loss because my bitcoin in the end is not increase and only get reduce.

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July 12, 2017, 12:31:23 AM
 #64

Well i don't scare to hold until August 1st even my bitcoins be an altcoin because of the activation segwit2x on bitcoin's network
because actually i have made calculated about risk investing in bitcoins,
 i have made investing not in bitcoins only some my money to be invested on altcoins are like ethereum so the risk losing money can be minimalized because i don't investing in one coin.

Same with you, i made investing in some altcoin not only bitcoin. I still have chance to make profit when bitcoin price going down, but sometime i got double loss when bitcoin and altcoin going down together like this time.
I'll hold some to see what will happen after august 1 and some of them i'll use for trading altcoin. I also have learning about risky in bitcoin, when sometime i must lost some% of my money i dont scare because i know its risky investing in bitcoin.
Yes we have same mindset, and about your doubles loss because when bitcoins and altcoins goes down together like this time
i think in the future we must have reserve capital on fiat currency to anticipate the condition like this, but i think the down trend of all of digital coins will be end soon, because the price are starting stable right now, that is mean the price will be going up again.
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July 12, 2017, 12:42:16 AM
 #65

I prefer to sell bitcoin and wait till 1 august my friend also suggest this. indeed the decrease of almost all cryptocurrency values makes me a little tense but I'm not scared in this case.

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July 12, 2017, 01:13:02 AM
 #66


We know what will happen with the said date but are you willing to take a risk to hold your Bitcoins or maybe some Altcoins. We are in the 'Red days' for how many weeks now and I think it is because of too many people is scared in what will be the results of Segwit on August 1.

Some of my thoughts in how most of us think.


*I will sell my Bitcoins first then buyback after august 1*

*I will sell my Altcoins because it is nowhere to going up anymore*

Well, I am not really scared of August the first, since I have all my bitcoin on a hardware wallet and I have all my private keys, which means that when the hard fork comes, I will have full control of my bitcoin, unlike online wallets. Segwit should solve a lot of problems that are related to transaction fees, and should make bitcoin better and smoother to use. Some people I know are selling bitcoin right now, and then re buying after August the first, just in case of what happens, but I don't think this is a good idea, due to how low bitcoin has dropped now, the price right now is just above 2k and this seems to be pre segwit panic.
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July 12, 2017, 01:27:48 AM
 #67


We know what will happen with the said date but are you willing to take a risk to hold your Bitcoins or maybe some Altcoins. We are in the 'Red days' for how many weeks now and I think it is because of too many people is scared in what will be the results of Segwit on August 1.

Some of my thoughts in how most of us think.


*I will sell my Bitcoins first then buyback after august 1*

*I will sell my Altcoins because it is nowhere to going up anymore*
Buying bitcoin after august 1 has more risk losing money because, if the chain split happen, there will be 2 chains right? Now, whatever chain is the longest chain in blocks will be the main chain and the other one will be discarded so, if you buy bitcoin on uasf chain, and the old chain is the longest, the uasf coin you bought will be discarded so, you will lose funds same thing with old chain. If i were you don't do anything until the split is complete.
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July 12, 2017, 01:44:23 AM
 #68

I still hold my bitcoin, bitcoin price is a little weak some days, but I am not afraid to keep holding bitcoin I believe the price will return high, we wait for 1 August
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July 12, 2017, 02:04:43 AM
 #69

I'm not scared, I invested into bitcoin knowing that I could potentially lose a lot. As for August 1st, we don't know what will happen but I have a good feeling that it will be alright and we will see Bitcoin rise higher than ever potentially into $4,000.
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July 12, 2017, 03:20:33 AM
 #70


We know what will happen with the said date but are you willing to take a risk to hold your Bitcoins or maybe some Altcoins. We are in the 'Red days' for how many weeks now and I think it is because of too many people is scared in what will be the results of Segwit on August 1.

Some of my thoughts in how most of us think.


*I will sell my Bitcoins first then buyback after august 1*

*I will sell my Altcoins because it is nowhere to going up anymore*

I am selling my bitcoins and ETH once it goes back up.

Selling the BTC probably this week. I see it going down, good opportunity to get back in for cheaper. If August crashes we will see it go back down to sub 1,500, that is likely where it belongs for awhile.
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July 12, 2017, 03:41:42 AM
 #71

I already tripled my initial fiat investment, so my profits are already taken. The remaining coins that I have now are all paid from the profits that

I made over the years. This risk-free strategy has removed much of the stress that I would have had, if it was my initial investment. This was my

goal from the start. {Invest, double or triple my profits and then extract my initial investment}  Wink

It's good to know that you are already profited to your initial investment and saw it grow, so there is no grudges when the crypto currency is in the red days at the moment.

This is very much a wise decision of yours and I would like to do it in my future investments, and I do believe that after this thing Bitcoin will rise up again more than ever.

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July 12, 2017, 03:53:06 AM
 #72

I'm not afraid of August 1. I am willing to take the risk of holding my bitcoin and Alt coins. So whatever happens, I will accept it. Taking the risk aint easy but when the results are good you will profit for sure.

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July 12, 2017, 04:29:03 AM
 #73

Honestly, I'm not afraid. I am curious and hopeful. I think we'll be in a better position in September than we are now.
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July 12, 2017, 04:46:19 AM
 #74

No I am not scared about 1st August.  I'm holding my btc and altcoins.  Because without risk in life you can't gain anything. I will wait and see. I'm  hopeful about it.
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July 12, 2017, 04:52:57 AM
 #75

I was a few weeks ago, but then I realized that there are not enough incentives for miners to do something stupid.

Some people say they are afraid of not being able to buy bitcoins at such cheap prices now, according to the survivors not to sell their bitcoins this is a bitcoin discount time, buy as much as you can and see the results a few weeks later.
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July 12, 2017, 04:57:57 AM
 #76

To be honest I am not scared to hold my btc until august 1 because if there will be surge after august 1 it will be a huge success and if there would be downfall after august 1 then i will hold it and will wait for the price to rise.
You will never feel scared if you know well about what will happen with bitcoin in August. I think you've seen the schedule for the scaling of bitcoin. that gives a lot of the explanation regarding what will be happening with the bitcoin in the early until the mid of August. But there is an explanation BIP148 proof of work change. Interesting for a watch. It will be a huge success of the chain will not be forked and another shitty clone of bitcoin such as BTU with the greedy team.  Roll Eyes

Hey, to don't have a hardfork this UASF must not be activated?

Is BIP148 the opposite of UASF? (If one is accepted, the other can't be).

BIP148 is UASF in this case. UASF is a generic term for User Activated Soft Fork, so the USAF this time is under protocol BIP148.

BIP148 is the rules and regulations of how the fork should happen.
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July 12, 2017, 04:58:30 AM
 #77

Honestly, I'm not afraid. I am curious and hopeful. I think we'll be in a better position in September than we are now.

September is the moment of truth Smiley
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July 12, 2017, 05:08:50 AM
 #78

In ambivalence I decided to hold no matter what happens for a period after the split and see how network consensus turns out.
That said I understand why the price is dropping on concerns as the real period of transition approaches on the horizon, it shows up in the demand for Bitcoins too as the price drops because less people are purchasing pending Aug 1.

Believing in Bitcoins and it's ability to change the world
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July 12, 2017, 05:19:33 AM
 #79



*I will sell my Bitcoins first then buyback after august 1*

*I will sell my Altcoins because it is nowhere to going up anymore*
Here the two lines of the op is showing that the OP is still a newbie because , He is going to sell before 1 August and then buy after the completion of the launch of segwit2x .
Actually here op needed to buy more and more btc and sell after the first week of August , because before the hardfork many people week get more in panic and surely will sell Thier btc , so take a chance to make profit   
Here the price of the Bitcoin will be minimum before the 1 August and after the complete of the hardfork the value of the Bitcoin will get rise sharply without control of any small limit .
In the second line of the op ( quoted by me ,) OP don't need to sell the altcoins because no where will go altcoins because Thier algorithm is different from btc , so more better is to have your money in another coins than btc .
Haesoo
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July 12, 2017, 05:45:49 AM
 #80

I'm not afraid of August 1. I am willing to take the risk of holding my bitcoin and Alt coins. So whatever happens, I will accept it. Taking the risk aint easy but when the results are good you will profit for sure.

The one who's afraid is the one that didn't trust bitcoin. I think bitcoin somehow proves itself to the market and it survive many dumps. Better hold it until or after August 1st, we never know what will really happen, what meant to happen will happen.
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