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Author Topic: Should i still gonna need to sell my bitcoins in august 1?  (Read 1392 times)
Hypnosis00
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July 27, 2017, 11:19:33 AM
 #21

No. You don't need to sell all your bitcoins in august 1 because it is not advisable to sell because the price might go up into a higher price per bitcoin because of the upgrade to 2mb blocksize which will make the transactions faster and the fees might go down which is the best and the most awaited by the bitcoin users all over the world and the popularity of bitcoin will become stronger.
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July 27, 2017, 11:25:47 AM
 #22

IMHO, its better to hold it. There are uncertainty after August 1 but all in all I am very optimistic. It is done by professional and they tested it before they implement it. All measures and risk factor are taken care of IMHO.

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July 27, 2017, 11:27:49 AM
 #23

You shouldnt. Dont panic its just an upgrade of bitcoin, all are possible to happen but its better to be optimistic. Lets wait for the BIP141 to happen.
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July 27, 2017, 12:25:06 PM
 #24

I thought that it is already a success in bitcoin segwit and no split was gonna happened?
Do i still need to sell all my bitcoins before august 1?
It's up to you. No one knows what will really happen in August 1 , it it'll lead to pump or not. I'll suggest you to wait and observe what will happen after the segwit in order for you to assure and avoid regrets. Lots of people are saying not to do transactions in Aug 1. There are lots of people who are still eyeing for those who will do panic selling, and I'm sure there's a reason behind that.

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ezzy.co
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July 27, 2017, 01:35:53 PM
 #25

If you don't want to wait until the prise start grow, you better sell btc now. But I would wait.
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July 27, 2017, 01:45:39 PM
 #26

If you are really that scared you can hedge your bets and sell some of it and hold the rest of it but honestly I think you should just hold it.
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July 27, 2017, 02:04:52 PM
 #27

That decision is still up to you whether you sell and never to come back on bitcoin or use it as a strategy you'll have to take responsibility for it when the outcome comes.

but i can give some information that might help. as you can see bip91 seems going well thus we have a least chance of hard fork happenning on august one.

although i say that it'll still be better to be prepared. follow the guidelines stated https://bitcointalk.org/index.php?topic=2012799.0

some says there'll be one on whatever date this year but seeing the situation now, i can say that no one wants a hard fork so people will make a way to solve the slow

transactions without it. so for me i'll stay on board.

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July 27, 2017, 02:07:59 PM
 #28

You shouldnt. Dont panic its just an upgrade of bitcoin, all are possible to happen but its better to be optimistic. Lets wait for the BIP141 to happen.
Yes i agree.It's not yet the right time to sell your hard earned bitcoins so better hold it still.I believe we all have faith in bitcoin so better stand for it.Let's throw all our negative thoughts and just keep on doing what you used to do.
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July 27, 2017, 02:11:28 PM
 #29

I thought that it is already a success in bitcoin segwit and no split was gonna happened?
Do i still need to sell all my bitcoins before august 1?

I can't tell you the right thing to do because it's your coins and you have your own preferences on how you look into the situation. If you are looking for long term then believe in bitcoin and face the risk of losing it on value. After all if everthing goes fine, then your risk taking attitude will be rewarded in the future.

It's just a win or loss here. If you have guts to challenge your doubts then go with the decision that you really want. Avoid confusion by talking to others what to do. Have a self analyzation on what thing you must do.

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Crafts12
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July 27, 2017, 03:25:52 PM
 #30

I thought that it is already a success in bitcoin segwit and no split was gonna happened?
Do i still need to sell all my bitcoins before august 1?
If I were you, I won't . You don't NEED to sell it before August 1, it's your choice. I won't sell it because I want to see how will the segwit affect Bitcoin and its value. Lots of people are expecting positivity on Bitcoin's demand from the segwit. It is hard to tell if it will be successful, we'll just know if it already happen, so it's better to wait, based on my opinion.

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July 27, 2017, 03:38:44 PM
 #31

The people who wants to buy, will spread these rumours about Bitcoin crashing after the 1st of August, because they want to

create panic and with panic comes cheap coins. The best strategy for now, is not to sell your coins. You should transfer it to a

Bitcoin address where you have control over the private key and then just wait it out. Ignore all these rumours and shilling

and FUD that are flying around now.  Wink

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July 27, 2017, 04:21:45 PM
 #32

I read statement of Bittrex, they will take all reasonable steps to ensure that customer funds can be preserved on both chains. so I will hold my bitcoin to get BCC.
 

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July 27, 2017, 04:47:26 PM
 #33

I thought that it is already a success in bitcoin segwit and no split was gonna happened?
Do i still need to sell all my bitcoins before august 1?
I wouldn't to sell bitcoin for now.
It's better idea save it on cold storage.
Some exchanges has announce suspend deposit-withdraw at August, 1 starting 00 am, can be up to 24 - 48 hours. Bitcoin will upgrading. And nothing to worried about price crash or panic selling.
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July 27, 2017, 05:38:56 PM
 #34

maybe you can sell and if bitcoin price will fall,you can buy it again.
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July 27, 2017, 05:40:06 PM
 #35

HODL! Be strong and resist the storm my friend...

1 BTC = 1 BTC
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July 27, 2017, 05:56:15 PM
 #36

There is going to be a hardfork as BCC coin is coming but that is just an added bonus. Do not sell your Bitcoin cheap and panic and if you have more funds, when or IF it dumps a little, buy some more and you will be the ultimate winner. I hope also BCC sells for very cheap so I can buy a few of those as well and hold.  Cheesy Grin


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July 27, 2017, 06:19:13 PM
 #37

Somehow I just feel safer holding ETH. Maybe I'll convert some amount into USDT and put in some ridiculously Low buy prices at exchanges. Maybe a flash crash will happen again
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July 27, 2017, 06:25:53 PM
 #38

maybe you can sell and if bitcoin price will fall,you can buy it again.
yeah is benefit if the bitcoin price will go down. what if the price go high and high again? you will regret for it  Grin.
but unfortunetly no body knows what will happend in the future even i wish the price will go down, so i can buy cheap  Grin
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July 27, 2017, 07:06:22 PM
 #39

maybe you can sell and if bitcoin price will fall,you can buy it again.
yeah is benefit if the bitcoin price will go down. what if the price go high and high again? you will regret for it  Grin.
but unfortunetly no body knows what will happend in the future even i wish the price will go down, so i can buy cheap  Grin
This is the hard decision to make also because of this upcoming event this aug1. If selling bitcoin now and your not earning yet profit possible you will lose. It is best wait for the aug and lets see what the price may upto. If you sell now and the price will soaring high on aug you will regret also. So you may decide whats best its either hold and save it in an offline wallet were you will kept the private keys.
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July 27, 2017, 07:15:05 PM
 #40

Don't panic sell !

If bitcoin keeps growing like it did the past few years, what will it be in 5 years from now ?

I say HODL for a few more years and get updated regulary Smiley

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