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Author Topic: Should I Invest On Bitcoin Before Upcoming Hard Fork?  (Read 1333 times)
salihno71
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October 19, 2017, 09:00:55 AM
 #21

BTC value will move undoubtedly. But beside this, you will also get equivalent amount of the forked coins - in this case BTG - that you own at the moment of fork. They will have some value but no one can tell yet how much at this point.
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October 19, 2017, 09:04:56 AM
 #22

I think this all depends on what your strategy is. Are you looking for long term or short term gains? Yes just now price is still high but if bitcoin stays on trend then the price will only increase. The recent rise could have something to do with fork people trading alts to bitcoin to capitalise on bitcoin gold.

SvenBomvolen
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October 19, 2017, 09:06:54 AM
 #23

Sorry I didn't get, so you sold your coins when the price fell -400$ yesterday? Why? Don't you know the rule - sell high and buy low? It's classic my friend!
I think you can buy Bitcoin even now when the price recovered itself. Yes you lost around 400$, but I think the price for Bitcoin is going to raise higher than 6000$ those days before the fork, so you will easily recover your lost and get some plus Wink
DoublerHunter
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October 19, 2017, 09:38:33 AM
 #24

I don't think that it is a good idea to invest on bitcoin before the upcoming hard fork because in my opinion, it is better to just wait for the result of the hard fork because the price of bitcoin will go down a little bit because of the future sell offs after the airdrop of bitcoin gold so if you want to be more safer and buy at a good price deal then learn to wait because things will get better after the fork.
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October 19, 2017, 09:45:44 AM
 #25

I don't think that it is a good idea to invest on bitcoin before the upcoming hard fork because in my opinion, it is better to just wait for the result of the hard fork because the price of bitcoin will go down a little bit because of the future sell offs after the airdrop of bitcoin gold so if you want to be more safer and buy at a good price deal then learn to wait because things will get better after the fork.

What if bitcoin prices don't go down instead go up again?

So buy now some quantity and keep some cash in had to buy later means after the hard fork.

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whoisyourking
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October 19, 2017, 09:55:05 AM
 #26

Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.

Some bitcoin users has their own basis on how they predict the value of bitcoin but for now the value of bitcoin is unpredictable it may go down or it may rise in the next week or month so the chances is 50/50 for now so take the risk and wait for the outcome.
jagdeepjd
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October 19, 2017, 09:56:14 AM
 #27

If you are willing to invest in bitcoin then no doubt it is the right time to invest as you will also get the benefit of free BTG (post fork coin) and also we may see new ATH soon too. You can invest in bitcoin now and after availing the benefit to BTG you can invest in altcoins( they are at very cheap  rate atm).
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October 19, 2017, 11:08:00 AM
 #28

I don't think that it is a good idea to invest on bitcoin before the upcoming hard fork because in my opinion, it is better to just wait for the result of the hard fork because the price of bitcoin will go down a little bit because of the future sell offs after the airdrop of bitcoin gold so if you want to be more safer and buy at a good price deal then learn to wait because things will get better after the fork.
This is the best time to invest in bitcoin. Because bitcoin value is increasing continuously.After hard fork we don't predict the value this may raise up or fall down, So we should invest in bitcoin.
Before OCT 25 we must sell some bitcoin. This is useful to invest in After fork. Many rumors are distract to invest in bitcoin. We don't care about that.
coinkhoj (OP)
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October 19, 2017, 01:38:08 PM
 #29

Thanks for a lot of valuable information, I have no idea about prvious hard fork, but i changed my mind to buy. Any suggestions are still welcome.
fulmetal08larz
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October 19, 2017, 01:54:05 PM
 #30

In my opinion, you should invest on bitcoin and accumulate as much as you can not just because of the upcoming hard fork but for long term investment. You should equip yourself with proper knowledge and be self aware of your risk tolerance. Many people have their regrets because of panic selling and weak hands, letting their emotions affect their strategies. If you are for short term gain, knowing the signs of when to buy low and sell high, and studying the chart would help.
ibrohim
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October 19, 2017, 03:41:30 PM
 #31

just invest it since nobody knows when the price of bitcoin is gonna rise or fall. Whenever and wherever you work, of course, there is the risk whether it is low or high risk, and it is as same as bitcoin. Just do what you want and receive the risk comes after. It is the tricks of market.
mistanama
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October 19, 2017, 03:47:51 PM
 #32

Do not invest now. Because if you have the free BTG you can get when you have bitcoins in your wallet BTG is worth the amount like BCC. If you just do not want to receive that. Because the price of Bitcoins falls after Hardfork finishes. You know that many people just bought Bitcoins to receive free BTG.
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October 19, 2017, 03:52:53 PM
 #33

Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.

Before the fork, the price of bitcoin will fluctuate up and down, but after the fork, the price will get up to its price and go above it. So, if you are investing now, you should have no fear of loss (until you trade).
romecheo
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October 19, 2017, 03:57:29 PM
 #34

Price rising and declining of Bitcoin are very hard to tell, a couple of weeks ago Bitcoin dip at 4100$ and I said to myself, the price was too high and I couldn't buy a few portion of Bitcoin. But now the price per Bitcoin was 5670$ and still rising.

If you have some few buck to invest, do it now. Don't wait too long.

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October 19, 2017, 04:36:36 PM
 #35

Bitcoin has own value itself I think. Therefore, Its price will increase regardless of whether or not a hard fork is occurring. You should buy BTC right now and wait until it goes up.  Grin

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October 19, 2017, 04:55:27 PM
 #36

Well, indeed you should ask for advice here, but in my personal opinion, after the fork, bitcoin will drop. Everyone put their money in Bitcoin because when it will fork, they will get free bitcoin gold. After the fork, they will sell and bitcoin will drop like a fly. Smiley
jc89
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October 19, 2017, 04:59:58 PM
 #37

Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.

Well if the rise and fall that happened within this week is any indication I guess it is safe to assume that we will be experiencing the same fluctuation up until the first week of November once to fork is settled. Mostly because like you are selling their coins during the first sign of a dip. But honestly, the fluctuation has always been present with or without a fork so there's nothing to think of here. That's just btc's nature. It's the way it is.

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October 19, 2017, 06:20:18 PM
 #38

Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.
Well price going up and down it’s a part of stock exchange it normal and as for as the relation of hard fork is concerned so I think bitcoin is now used to hard fork nothing to worry about any hard fork bitcoin know very well how to handle hard fork bitcoin is very safe and sound for investment we need to invest here without any fear.
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October 19, 2017, 07:54:14 PM
 #39

Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.

Good to hear the you have gained a profit. Yesterday's price fall was just to eliminate weak bitcoin holder's . I believe Hard fork is nothing to do with the bitcoins price trend, but yes people are little bit skeptical about trade. They fear to take positions when there is a event that can make changes to the price of bitcoins. Even if bitcoin falls to some price level to some extent it can just be a hault before a big price move. It can't be a big reversal as you suspect at every downfall. So stay cool and be confident on you and there is nothing to fear on investing in bitcoins before hardfork.

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October 19, 2017, 08:55:09 PM
 #40

Hi everyone, I have booked 1k profit from bitcoin with my small investment. Yesterday price fall made me to sell bitcoin and now the price is much more and it recovers it's position, do you think it will go up or down before, on or after hard fork,.

Firstly, you shouldn't do panic sells. It doesn't matter how low the price is, if you don't change your btc when the price is low, that means you have still a chance to save your money. Secondly, there are too many speculations about the fork. I think it is better to wait for now, but of course, the choice is yours.
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