TeK32 (OP)
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July 12, 2017, 07:24:35 PM |
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At the moment my portfolio is about 90% ETH and 10% of various altcoins (no BTC). I would like to diversify by swapping about half of my ETH for BTC. Is it a good time to do so with ETH rallying and BTC being more or less stable?
Basically, what I'm really wondering is:
- Will BTC crash at the end of the month due to the uncertainty around the fork(s)?
- Is BTC likely to split into two viable chains, thus giving coins on both chains to those who owned BTC beforehand?
I'm not fully up-to-date on the latest bitcoin developments so I'd be happy to get some insight.
Thanks
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bitllionaire
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Activity: 1120
Merit: 1000
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July 12, 2017, 08:16:48 PM |
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At the moment my portfolio is about 90% ETH and 10% of various altcoins (no BTC). I would like to diversify by swapping about half of my ETH for BTC. Is it a good time to do so with ETH rallying and BTC being more or less stable?
Basically, what I'm really wondering is:
- Will BTC crash at the end of the month due to the uncertainty around the fork(s)?
- Is BTC likely to split into two viable chains, thus giving coins on both chains to those who owned BTC beforehand?
I'm not fully up-to-date on the latest bitcoin developments so I'd be happy to get some insight.
Thanks
although it is always good to trade bitcoin, because coin has a lot of potential and it will give you profit at any time, but currency if you are feeling reluctant then you should wait tel 1st August and after that you should invest your money in bitcoin. |
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TravelMug
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July 12, 2017, 10:25:56 PM |
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At the moment my portfolio is about 90% ETH and 10% of various altcoins (no BTC). I would like to diversify by swapping about half of my ETH for BTC. Is it a good time to do so with ETH rallying and BTC being more or less stable?
Basically, what I'm really wondering is:
- Will BTC crash at the end of the month due to the uncertainty around the fork(s)?
- Is BTC likely to split into two viable chains, thus giving coins on both chains to those who owned BTC beforehand?
I'm not fully up-to-date on the latest bitcoin developments so I'd be happy to get some insight.
Thanks
No one is really sure what's gonna happen after the Segwit2x activation. The scenario you have laid may occur, maybe not. If I were you I won't sell my my coins, specially bitcoin. I will not hold on it for the time being and observe what's will happen after the event. I think bitcoin price will really rise along the way in the future. |
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snipie
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Activity: 3150
Merit: 1140
#SWGT CERTIK Audited
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July 12, 2017, 10:31:23 PM |
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Diversifying your pocket with various cryptocurrencies isn't a bad idea since any one of it may skyrocket one day
Having bitcoin is a must in my opinion and personally i think that it will pass the 10k one day or even more so why wasting this opportunity?
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marcuslong
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Activity: 1036
Merit: 1002
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July 12, 2017, 10:46:01 PM |
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It is always good to sell ethereum however buying bitcoin right now is a good as well if you want to accept the price plus the fee also if you gonna buy it for now make sure that the prediction in august 1, you will not regret about it if i were you i will wait for the price to be decrease because the it will helps me to earn profit when the price is going to recover after the crash happening.
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Rahar02
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July 12, 2017, 11:53:18 PM |
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It always be a good idea to diversify your investment just in case something happens, ethereum seems recover faster than bitcoin but it may drop again after pumped. Yesterday eth drop to $190 and it already started to rise again and set on $227 right now, so be prepared to buy and sell it at the right time.
On the other hand, bitcoin always be the best option to invest my money, whether it drop sometimes or rise up again but it always has happy ending. Do not hesitate to purchase bitcoin, as it should be increase again but be careful about crash that maybe occurs in the next month, better to buy some amount today and wait for another dump for the next purchase.
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itsallpc
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July 13, 2017, 01:02:41 AM |
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At the moment my portfolio is about 90% ETH and 10% of various altcoins (no BTC). I would like to diversify by swapping about half of my ETH for BTC. Is it a good time to do so with ETH rallying and BTC being more or less stable?
Basically, what I'm really wondering is:
- Will BTC crash at the end of the month due to the uncertainty around the fork(s)?
- Is BTC likely to split into two viable chains, thus giving coins on both chains to those who owned BTC beforehand?
I'm not fully up-to-date on the latest bitcoin developments so I'd be happy to get some insight.
Thanks
No one is really sure what's gonna happen after the Segwit2x activation. The scenario you have laid may occur, maybe not. If I were you I won't sell my my coins, specially bitcoin. I will not hold on it for the time being and observe what's will happen after the event. I think bitcoin price will really rise along the way in the future. Yes,more probability is that bitcoin price would rise high much after segwit activation.The reason for that is transaction fee would get reduced and more people would start using bitcoins.So better buy bitcoins now before it goes to the moon. |
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spaceinvader10
Newbie
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July 13, 2017, 01:34:41 AM |
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I think it is likely for btc to go up but I don't think that increase is long term if it is passed with segwit2x since the threat of hardfork 2mb is in November. There's a lot of variables to consider but OP if you do plan to have btc make sure you have the private keys so you can collect both coins if there is a chain split.
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AK47-
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July 13, 2017, 02:44:54 AM |
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- Will BTC crash at the end of the month due to the uncertainty around the fork(s)?
Most probably yes. We will see more drop in the price of bitcoin with nearing of August and after UASF on 1st August, there would be a dip because of panic selling as most of the community members aren't very well aware of the events and they most likely to shift to altcoins because of the risks prevailing in bitcoin market.
- Is BTC likely to split into two viable chains, thus giving coins on both chains to those who owned BTC beforehand?
Only if you hold your private keys. Else if your Bitcoin is on an exchange you will own the coin on blockchain which the exchange will support after the chain split. In case you have your private keys you will get coins on both the blockchains as price will be divided between both of them. |
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unknown04
Full Member
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Activity: 219
Merit: 100
Art is the triumph over chaos
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July 13, 2017, 03:18:54 AM |
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what if I store my btc on ledger nano s ? Do i have to worried about splitting ?
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Mieehayii
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July 13, 2017, 03:53:38 AM |
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there is no best time, but only the right time you think.
so if you condider this is the timing, then follow your mind.
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bitserve
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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July 13, 2017, 04:00:35 AM |
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what if I store my btc on ledger nano s ? Do i have to worried about splitting ?
No. That's probably the best way to store it. Split or not. |
19VBmRQVqrtNTGiwngZutwREagcKxJgVZM
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lombok
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July 13, 2017, 04:03:56 AM |
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Wait for the moment where ETH rise we sell and wait also moment where BTC down the price.
That's about. That's all I know. Thanks.
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Hhampuz
Legendary
 Online
Activity: 2856
Merit: 5930
Meh.
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July 13, 2017, 04:06:20 AM |
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There's always a good time to sell eth to buy btc. I salute those who managed to get their shit together and sell their eth stacks at the top because those prices will surely never be seen again any time soon.
I just don't understand how we got to the alt bubble with shitty coins being extremely overvalued yet people kept believing and kept buying. Fools money huh
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Wayan_Pedjeng
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July 13, 2017, 04:57:28 AM |
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Why don't you wait until August 1? If BTC is destroyed as a result of the chain split, then there is a strong chance that some altcoin will take its place. And that altcoin can be ETH, LTC or XRP.
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Hhampuz
Legendary
Online
Activity: 2856
Merit: 5930
Meh.
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July 13, 2017, 06:16:25 AM |
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Why don't you wait until August 1? If BTC is destroyed as a result of the chain split, then there is a strong chance that some altcoin will take its place. And that altcoin can be ETH, LTC or XRP.
Why do you guys keep talking about this so called split that would leave us with two different bitcoins? That's not what is going to happen on August 1st. Either way btc will never be destroyed where an alt would take it's place. Not in our lifetime at least. |
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iamTom123
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July 13, 2017, 06:38:12 AM |
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You better hold on to your Ethereum as it has already dipped much and can be resisting at its current level. Tow weeks ago, I sold some of my Bitcoin to buy some Eth at $340 level believing that Eth would continue to rise as a fall-out of the coming Bitcoin's August 1 thing. Alas, to my surprise, Ether made a big slide to where it is now...I lost some money along the way because I listened too much to my panicking side. What a shame for me!
I should have just hold to my Bitcoin because even with the recent slide, the loss is not as big as with my Ethereum. It is a sad lesson for me. We have to remember that newbies should always remember not to panic that much because the Bitcoin market would eventually rebound.
As for Eth, the chance for it to get back to the $340 level is always there so I am also waiting for that time. Let us just continue on believing on the coins we are investing with.
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maokoto
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July 13, 2017, 06:47:15 AM |
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ETH has gone a bit down lately, but I think one should always have some BTC and seems you do not have any. Perhaps trading a bit too and fro and see if you can get some BTC out of it is best.
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Amph
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July 13, 2017, 07:39:08 AM |
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ETH is strong don't sell strong coin, sell shit coin and hold both btc and eth, i would keep your ETH for now, it won't fall much until it get pumped again after this 1 august drama ends
actually for now that everyone is dumping i would hold everything, and i'll wait for the next pump before doing my move
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Hhampuz
Legendary
Online
Activity: 2856
Merit: 5930
Meh.
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July 13, 2017, 07:39:13 AM |
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I think that if Segwit activates successfully BTC will increase its dominance again drastically and the altcoins will suffer badly. I think we'll just get the reverse of what we had over the last six months as altcoins increased so much because BTC was stagnating and so people diversified.
And if Segwit fails on Aug 1st BTC will drop but the alts will drop much much more because to cash out alts you need to sell to BTC and then sell the BTC to fiat.
So a this time I'm only holding BTC because IMHO it will hold up itself best whatever happens on August 1st.
Just my 2 cents...
Excuse me, last 6 months btc was stagnating? Not sure if we are living on the same planet, lol. As for Segwit activation, I think btc will come out stronger but that does not have to be at cost of alts. Both can increase together. |
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