yishak (OP)
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August 29, 2017, 06:16:39 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
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LilloBoy
Newbie
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Activity: 46
Merit: 0
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August 29, 2017, 06:39:15 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
The best thing to do with bitcoin is HOLD! In November will have an other fork, so isn't bad to have more free money. Just hold, don't panic when dip and in few years you can be rich!
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kodtycoon
Legendary
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Activity: 1568
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August 29, 2017, 07:38:38 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
If you have a lot of bitcoin you better spread some of your bitcoin to some altcoins, I think that's the best way if you still want to continue your investment in crypto. but if you are not sure of the future of crypto, you better sell all the bitcoin you have, because if you look now the bitcoin price has been at a high value I think you will still get a pretty good profit.
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Eugenar
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August 29, 2017, 07:48:14 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
The best thing to do, in my opinion, is to hold your Bitcoin. Its price is continuously increasing, which is an advantage. Avoid panic selling whenever backdrops happen. There'll be a hardfork to happen in the month of November so expect Bitcoin being more volatile. It is now increasing ,but prepare for dumps to happen before the hardfork. Simply hold your Bitcoin and see what will happen after the hardfork.
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swogerino
Legendary
Online
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August 29, 2017, 07:52:44 PM |
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You need to think cold headed and not with a hot head. The price is going up so the best would be to wait in the lines and see the developments as they fold. Do not rush to make any decision to switch to Bitcoin cash or any other altcoin or else you may end up regretting this situation for a long time. Let's wait for the moment.
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klarki
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August 29, 2017, 07:55:48 PM |
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Redistribution of assets is a good option.
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bncbnc
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August 29, 2017, 08:33:16 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
The best thing to do with bitcoin is HOLD! In November will have an other fork, so isn't bad to have more free money. Just hold, don't panic when dip and in few years you can be rich! yes that is very right to say that in present time the best option is to hold bitcoin. because still there is a good potential in the price of bitcoin and i am sure that if we will continue holding our bitcoin bitcoin will continue increasing it s price and hope that very soon we are going to reach to 7000$ at the end of 2017.
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OneUnderBridge
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August 29, 2017, 09:09:36 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
Those are the questions. Are you losing confidence? Many people are losing confidence but the price remains high. Why? Somebody knows something I think and they're not telling us.
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rifatrony5
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August 29, 2017, 09:44:31 PM |
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Best Thing To Do For The Current Situation At Present The Price Of All Alternative Coins Are Very Low, I Think It Is The Perfect Time For Buying Alternative Coin. The Most Effective Decision At This Time Is To Buy Some Alternative Coin With Low Price. If You Already Have Bitcoin Then Don't Sell A Single Bit Of Bitcoin Or ETH, If You Do, Then You'll Regret In Future. Remember The Upcoming Hardfork That Could Be Happen On November.
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Hazir
Legendary
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★Nitrogensports.eu★
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August 29, 2017, 09:54:13 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
Despite your grim premise we just reached another ATH, coincidence? Don't believe in everything that FUD spreaders have to say. Bitcoin Cash is like Ethereum Classic it will always be the second pick for everyone, soon mining difficulty will adjust and miners will go back to BTC. Don't forget that we are still in early adoption stage, the price might go crazy in the next few years.
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Janation
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August 29, 2017, 10:09:02 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
I think if you are holding some bitcoins, you better hold them no matter what. Bitcoin Cash is getting better but it is still an alternative coin. Bitcoin always dump before a for but have a pump afterwards, you can see that in the last pump where the price of bitcoin almost doubled the current price in the mont of July. Just be active and watch the price, it may surprise you.
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karasuri
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August 29, 2017, 10:12:32 PM |
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hold bitcoin in wallets and wait. it will fall and after that rise again. it is what always happen with BTC
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3kpk3
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August 29, 2017, 10:30:07 PM |
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Just like the others, I too feel that the best thing to do here is keep buying and HODling. Bitcoin is a long-term investment which no matter what happens, will keep rising overall. The value of bitcoin just keeps appreciating over time since the supply continues to decrease and demand continues to grow.
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hich_ang
Newbie
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August 29, 2017, 10:32:30 PM |
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You can choose to hold bitcoin or to invest in other altcoins. Nothing to panic about.
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lady Royal
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August 29, 2017, 10:35:19 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
The best thing to do with bitcoin is HOLD! In November will have an other fork, so isn't bad to have more free money. Just hold, don't panic when dip and in few years you can be rich! Holing is not a best option right now. If you have a high bankroll then you may HOLD but if you are putting your faith and all money in Bitcoins right now, I would suggest that cash out it now. I don't want that anyone of us lose our money. Just put 50% in Bitcoins.
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serhishulak
Full Member
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August 29, 2017, 10:54:02 PM |
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how mush money i will lose or win ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) if i buying btc right now? i don't do this just interested index
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LTU_btc
Legendary
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Slava Ukraini!
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August 29, 2017, 10:55:30 PM |
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Just HODL. Bitcoin reached all time high and price don't stop to grow. Miners switching to Bitcoin Cash? I think it's just temporary thing. And I don't think that high transaction fees have big influence to bitcoin price. Well, what I can say about this FUD around us - the dogs bark, but caravan goes on. But if you pessimist about current situation of bitcoin, you can invest part of your btc in other coins. But only part, not more than 30% in my opinion. And always use your brains when you make financial desicions.
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hisuka
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August 29, 2017, 10:57:41 PM |
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You can choose to hold bitcoin or to invest in other altcoins. Nothing to panic about.
Exactly there is nothing to worry about the bitcoin value is becoming increasing. It depends on you if you will invest also in other altcoins which other value is down. But for me I hodl bitcoin because I can earn profit for a long term investment.
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Aztek
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August 29, 2017, 11:18:25 PM |
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You need to think cold headed and not with a hot head. The price is going up so the best would be to wait in the lines and see the developments as they fold. Do not rush to make any decision to switch to Bitcoin cash or any other altcoin or else you may end up regretting this situation for a long time. Let's wait for the moment.
It will end up on simply holding a lot of Bitcoin and waiting for the right time. But if you will focused on not just earning but also in dealing with transactions the best thing do is to actually support the system of Bitcoin for it to acquire development and changes for others. Let be more specific in terms of having a goal in not jest earning but changing the mode of transaction through out.
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darkangel11
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Don't let others control your BTC -> self custody
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August 29, 2017, 11:26:03 PM |
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What is the best thing to do with the current situation of bitcoin? By current situation, I mean the price of transactions getting high, the upcoming fork, miners switching to Bitcoin Cash ... etc. How should I overcome this situation? or should I simply switch to other Cryptos?
The fees were previously higher than they are now. There won't be a real fork, I'd call that a switch. If we survived a real fork (BCC) this incoming one is going to be a walk in the park. Don't expect a correction at all. Have you checked the price of BCC lately? This shitcoin is diving.
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