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Author Topic: Cash-out or buy Alts before August 1?  (Read 3869 times)
Lyancy001 (OP)
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July 22, 2017, 12:53:05 AM
 #1

What the best choice?
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July 22, 2017, 01:03:23 AM
 #2

Neither?

Theres nothing to panic about any more.
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July 22, 2017, 01:45:45 AM
 #3

There will be Segwit on August 1st. Everything is ok, I would avoid BTC transfers in the next two-three weeks because of compatibility issues.
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July 22, 2017, 01:49:58 AM
 #4

What the best choice?

If you indeed think that there is a possibility of bitcoin's value going down, you should cash out.  There is a lot of correlation between the price of bitcoin and the price of alts. We saw that last week, when bitcoin crashed to under $2000
Mkmanik
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July 22, 2017, 01:57:07 AM
 #5

Dont be panic. just chill man.I am holding half of my Bitcoin and half of ALT coin worth of mny Bitcoin. i have a great trust about Bitcoin price, i think it will be 3000$ after the 1st August. just hold your Bitcoin with a safe wallet that provides you a privae key for your wallet.never use any exchanger wallet like coinbase,bittrex or polo.
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July 22, 2017, 02:03:38 AM
 #6

What the best choice?

Don't worry man,Just hold your bitcoin in safe place not Exchanger ( coinbase,xapo,polo). hold your bitcoin which you can control like desktop wallet bitcoincore,electrum etc.
Bitcoin price is now 2600$ it will pump more.

micher143
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July 22, 2017, 02:34:54 AM
 #7

The best choice is to buy more bitcoins and hold it because I am sure that in that event it will reach the 4000$ market cap and the bitcoin is pretty popular now and for the segwit there is nothing to worry about in my opinion so just hold your coins and if possible buy more bitcoins.
ankit10
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July 22, 2017, 02:41:20 AM
 #8

Don't cah out your altcoins or bitcoins, because price will definately get grow up after sometime from 1st august, but maybe between 1st august and next few days price of both alts and bitcoin will get dump. Or you can withdraw your half of altcoins and bitcoins, if you need it in next few days. Unless don't touch them atleast for 1 month after segwit.
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July 22, 2017, 02:44:12 AM
 #9

What a stupid time to jump ship haha. Everything will be better on august 2nd so why would you leave when your bitcoins will be a better product? If your car was getting free rims, paint, a sunroof and HD lights would you sell it just before you got them?
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July 22, 2017, 02:56:34 AM
 #10

Cashing out Bitcoin is not a good option, there are so many positive speculation about it, and I think buying alt coin is also not a good option, the condition of crypto currencies are still not stable, I think it's better to hold whatever coin you have and see how will the condition after August


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khufuking
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July 22, 2017, 02:57:09 AM
 #11

I think the real panic is over by now . You should have asked this question a week ago . Just hold your bitcoin I believe we might see $3000+ after 1 august or even before it . If you worry just hold your bitcoin on your wallet not on an exchange I am leaving my coins on exchange but just if you reall worried move them but hold on your coins  Wink
btc_angela
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July 22, 2017, 03:00:38 AM
 #12

The best choice is to buy more bitcoins and hold it because I am sure that in that event it will reach the 4000$ market cap and the bitcoin is pretty popular now and for the segwit there is nothing to worry about in my opinion so just hold your coins and if possible buy more bitcoins.

Yes, you don't need to cash out, you will lost a opportunity once bitcoin price goes mad after Aug 1. You will regret it later for cashing it out. So hold on it and if you still have funds you can probably stash more and wait till the price reach $4000 in the next succeeding months. The future of bitcoin is really looking good because of the BIP91 locked in and the split may never happen after all. So don't worry and not be afraid for the future is really really bright.

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Shofiqul
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July 22, 2017, 03:03:29 AM
 #13

Just hold the coins and see the magic after august 1.I think very good news is coming for us.After all, coins ar at rest is not much risky.  Smiley
Yakamoto
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July 22, 2017, 03:19:47 AM
 #14

What the best choice?
How about just hold?

By the looks of it, there are a lot of opportunities to be had if you just hold over the fork, it doesn't look like the market is taking it negatively and there is a fairly large stance in favor of it across the community and mining cartels. The market managed to push back $800 per piece into the market over the course of a few days, and this is on the verge of the fork. The market appears to be confident until otherwise proven, and unless something happens at the verge of the fork we're in good hands until we cross to the other side.
skorupi17
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July 22, 2017, 03:35:31 AM
 #15

What the best choice?

The "Bitcoin is going to split" drama thing has been ended recently. Bitcoin Improvement Proposal 91 (BIP91) locked-in recently and the possibility of Bitcoin chain split is slowly being erased on the minds of the community. Thus, nothing is to be worried about as of now and you can keep your bitcoins safely in your wallet.
HabBear
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July 22, 2017, 04:39:02 AM
 #16

Don't just...

Quote
buy Alts!

There's maybe 3 alt crypto currencies worth buying in alternative of Bitcoin. Here's the risk of getting out, you miss the first pop post fork of the new chain of Bitcoin. Keep you coins off exchange OR with an exchange that promises to give you access to the dominant chain post fork. Then your bitcoin will be safe and you won't miss any appreciation (that might not be seen again)

The biggest plague Bitcoin has right now is this damn fork, once it's settled we're bound to see a jump...and bitcoin may never look back.
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July 22, 2017, 06:00:27 AM
 #17

you are way too late to make a decision about August 1st.

at first we didn't know what will happen, so it meant you should have sold some bitcoin for fiat only in case you were scared. and you should have done it when price was above $2500 at least.

then 2+ days ago as miners started signalling for BIP91 for real it meant you should have started buying bitcoin because it meant a rally is on the way.

and now it is too late because that rally is over and price is $2700+

for future, we still have the SegWit activation itself and that means another rally probably similar to this. and also we still have the long term rise of bitcoin price which will always happen. and it means you should buy bitcoin as much as you can afford to invest.

as for altcoins:
at first, they dropped because bitcoin price was dropping.
then bitcoin recovered and they dropped because bitcoin was attracting all the money and investors.
and in the future they will drop more because bitcoin will have its long debate sorted out and also because alts are in a bubble that needs popping.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
hyunee
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July 22, 2017, 06:02:32 AM
 #18

Well before August 1, Alts are safe in every exchanger or any wallets. They are to manipulate bitcoin only not alternative cryptocurrency. So there is nothing to worry in that day. All altcoins are safe.
jualidbitmixer
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July 22, 2017, 06:05:43 AM
 #19

What the best choice?

Well, people here says don't be panic. But i choose to sell all my bitcoins because i don't want take any risk that will happen on Segwit or after Segwit. Especially the price of bitcoin is back on good price again, so i sell all my bitcoins and i just watch until 1st August come and wait to buy the bitcoins.
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July 22, 2017, 06:10:28 AM
 #20

cash out? cash what out? this is bitcoin, the only decent decentralized cryptocurrency with a scarce and limited number of coins. if you hold any amount you are holding a share of this coin of the future.

forget about the short term silliness if you are not a trader, and stick to reality in the long term. move any coin you have to cold storage and forget about it for a couple of years, then come here and thank me.

Buying the dip...
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