What's your strategy for the upcoming fork in mid November?

[vlad06]

Excuse the thread if the question has already been asked. I'd like to read what some of the more seasoned BTC hodlers are doing for the mid November fork.

So far I've seen a confirmation from Coinbase that they will credit BTC holders with an equal amount on the new blockchain. I'm assuming that other exchanges will follow suit.

The question is, will you stack BTC up in preparation?

[gamerfan]

Excuse the thread if the question has already been asked. I'd like to read what some of the more seasoned BTC hodlers are doing for the mid November fork.

So far I've seen a confirmation from Coinbase that they will credit BTC holders with an equal amount on the new blockchain. I'm assuming that other exchanges will follow suit.

The question is, will you stack BTC up in preparation?

Yes, some exchanges will credit 2x to BTC holders. But my opinion is that it's always risky to put money on exchanges for a long period of time. They could be hacked or scam people and then disappear. It's safer to control your private keys on a light wallet like electrum.
Then, when the storm will be over, you can take all the time you want to claim your new 2x coin on a new wallet (like many of us did for BCH). When 2x will be listed on exchanges you may trade it for BTC or just keep it in your wallet and hold for the long term.

[Blud87]

sell most of my altcoins
get as much btc as possible
hodl in exodus wallet
count my profits

[Ailmand]

Excuse the thread if the question has already been asked. I'd like to read what some of the more seasoned BTC hodlers are doing for the mid November fork.

So far I've seen a confirmation from Coinbase that they will credit BTC holders with an equal amount on the new blockchain. I'm assuming that other exchanges will follow suit.

The question is, will you stack BTC up in preparation?

Yes, some exchanges will credit 2x to BTC holders. But my opinion is that it's always risky to put money on exchanges for a long period of time. They could be hacked or scam people and then disappear. It's safer to control your private keys on a light wallet like electrum.
Then, when the storm will be over, you can take all the time you want to claim your new 2x coin on a new wallet (like many of us did for BCH). When 2x will be listed on exchanges you may trade it for BTC or just keep it in your wallet and hold for the long term.

I think if you would have the chance to add more bitcoin in your account. That would be a good choice, since they will equal the value of your bitcoins with the new blockchain. However, if you are the type that would like to risk some for better and greater return, you can put some of your coins in buying altcoins since their values are plunging at the moment, which is the best time to buy and favorably have a return once they increase in value, probably after the fork.

[milewilda]

Excuse the thread if the question has already been asked. I'd like to read what some of the more seasoned BTC hodlers are doing for the mid November fork.

So far I've seen a confirmation from Coinbase that they will credit BTC holders with an equal amount on the new blockchain. I'm assuming that other exchanges will follow suit.

The question is, will you stack BTC up in preparation?

Normal thing. Have you seen the situation on past forks? You did able to see the sudden price increase of bitcoin because of accumulation of bitcoin holders because they are longing for the free fork coins and sell out later convert to btc and might go to altcoin again.Its just like that and now the 2x fork will be on this november then expect price will shoot up again which we do already experiencing it now.

[SureLockLoans]

Basically I'll be accumulating as much coins as I can from now until then through investing. Then just before you fork I'll be looking to offload a percentage of the coins and then get my free coins after the fork. Then I will see all the alt coins for profit.

[SUDARMONO]

yes it is true, there are some exchanges that are willing to give 2x credit, and this is also one chance to collect bitcoin by the way we put bitcoin on the exchange that provides it, I will do that to get profit.

[vlad06]

I see that BTC is gaining some upwards movement but Altcoins are doing well too at the minute. Doesn't seem like there is an Alt selloff happening, however that may probably start next week as we get much closer to the fork.

[lzby2000]

Why not?
A lot of people have done this, and I think it's necessary to do a little preparation.
Right now, there's a fork this month, that's BTX. I think it's going to be the same as the front fork, so you can't find the reason why you don't do it. It will be free candy!

[lighpulsar07]

Excuse the thread if the question has already been asked. I'd like to read what some of the more seasoned BTC hodlers are doing for the mid November fork.

So far I've seen a confirmation from Coinbase that they will credit BTC holders with an equal amount on the new blockchain. I'm assuming that other exchanges will follow suit.

The question is, will you stack BTC up in preparation?

well yeah i am stacking some bitcoins for this upcoming 2x hard fork but this is more different than bitcoin cash hard fork because it may cause problems due to lack of replay protection iguess the safe thing to do before the hard fork is put all it all on offline storage and never do a single transaction because if i do i will lose some my bitcoin because of replay attacks. that's why segwit2x is controversial even the bitcoin community condemned it.

[Dudeperfect]

To be honest, I am not much interested in any of the forked coins. I will hodl my most of the Bitcoins on the paper wallet to keep it secure and wait until the fork. I am not against fork or not even supporting fork but I seriously feel that in such conditions, anything can go wrong and since Bitcoin is decentralised, everything is irreversible so I would happily compromise my shares in forked A, B, C coins to keep my Bitcoins secure.

[mrcash02]

The strategy is simple: Stack most Bitcoins as possible, wait for the right moment and claim the extra free money from the fork, sell the new currency right after. Several sites owners share the new coins with people who have money on their sites, like casinos, exchanges, wallets and even faucets...

I have no problem holding my funds on sites like these, but most people prefer to put their funds into their own paper, cold wallets.

[martin1221]

Actually i have some small bitcoin balance in my wallet. And im planning to add more btc for the upcoming hard fork. In order to add it on me, i will sell my other altcoins to convert it into btc and store it so that i will gain profit. 

[Variogam]

The question is, will you stack BTC up in preparation?

Obviously, the more Bitcoins you have at the fork time, the more forked coins you get. But its not clear when is best time to sell to get the most value out of your forked coins, but the same is true for Bitcoin as well.

[geyayy]

I will definitely hold my bitcoins in my wallet. And I will wait for the fork to end and see the results, I know for sure that its price will go down for a week or so, but most definitely will surely soar higher after the fork.

[Celsiuss]

If im going to do anything, it would be to buy before the fork. I might just earn some free quick cash. Whatever happens with the new forked coin, I still believe bitcoin will stay strong and will always climb. The new coin however, I would sell as quick as possible as I think it might fall in price quick. This is just my speculation and I may be very wrong.

[Xavofat]

The question is, will you stack BTC up in preparation?

No.  It seems outrageous to buy BTC in the attempt to get "free money" from basic supply and demand.  

So far I've seen a confirmation from Coinbase that they will credit BTC holders with an equal amount on the new blockchain. I'm assuming that other exchanges will follow suit.

There's no guarantee that exchanges will do exactly what they say, or that the exchange you're holding coins in is trustworthy.  There's also the risks of holding your coins in an exchange in the first place, which is exactly the same risk that it always has been.

Personally I'll just be holding coins in my own control and hope that I find a way to make safe transactions after the fork.

[Harrisonimo]

Excuse the thread if the question has already been asked. I'd like to read what some of the more seasoned BTC hodlers are doing for the mid November fork.

So far I've seen a confirmation from Coinbase that they will credit BTC holders with an equal amount on the new blockchain. I'm assuming that other exchanges will follow suit.

The question is, will you stack BTC up in preparation?

I will really love to participate in the forthcoming bitcoin fork. Just need to ensure that all Bitcoin wallets are made to comply with the regulations being given. The wallet I operate with didn't support the fork that happened in October and it was really bad. I also got to know about some disparities in the exact timing when it was to happen; the exact time in GMT should be properly communicated. And I do also think that firm projections should be given as regards forks; not the assumptions being paraded by different channels of information.

[Caesar-Giulius]

My strategy is to hold my BTC in my hardware wallet during Nov fork. Although some exchanges will be crediting the fork coin, I feel safe to keep my BTC in hardware wallet. I bought some BTC at $5800 and don’t think I will be buying anymore before the fork. The ride is too exciting for me.

[vlad06]

My strategy is to hold my BTC in my hardware wallet during Nov fork. Although some exchanges will be crediting the fork coin, I feel safe to keep my BTC in hardware wallet. I bought some BTC at $5800 and don’t think I will be buying anymore before the fork. The ride is too exciting for me.

Which hardware wallets are supporting the 1:1 distribution?