Should I sell right after the nearest fork?

[yanov10]

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

[leex1528]

I sort of want to know the same thing.  It sounds like the Wallet I am using(Coinbase) is going to give 2x the coin.  So when the fork happens they will give you what you currently have in BTC, and also give you BTCx2.  Ex:  If I have 5BTC in my wallet, I will now have 5BTC and 5BTCx2.  I am thinking I should xfer everything into my BTC account to maximize this.  Thoughts?

[naf]

The BTC price may or may not fall after the fork. Most important is whether this fork is going to have replay protection. Otherwise, you may end giving away BT2X when selling BTC after the fork..

[Dan D. Lion]

It may not be wise to just arbitrarily conclude that the price of Bitcoin will drop right after the fork...it may or it may not.  If it did drop significantly, I would certainly not sell but try to buy some more.  I believe dips are buying opportunities.

[Silberman]

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

It depends entirely on what you want to do, if you want to obtain short term profits then it makes sense to sell after the fork and be happy with your profits, but if what you want is to obtain the most profits you can out of bitcoin then I think that selling at this point in time is a bad call, bitcoin has not reached major adoption yet so selling when the price is this low does not seem like a good idea to me.

[drm]

I'm thinking BTC will be going up nearing the fork and go down again after the fork, just like with the other forks.

[Aura]

I have no idea what will happen to the price after the fork.
Best case would be, like it did with Bitcoin cash, no price drop but an extra coin that has a decent value.
I think it's a gamble, whether to sell or not sell after the fork.

[tiggytomb]

If you just want the free money then sell as soon as it is available for trading, with bitcoin cash the price was quite high when it was trading on Bittrex straight away but with bitcoin gold I think it hasn't done the same thing. 

If you do end up selling make sure that you move all your bitcoin to another address which you own before using your private keys anyway, there will be a lot of scam attempts out there looking to steal people's keys.

I am aware that there is a trend for people to dump their alts for bitcoin in these times, I'd like to think that now is the perfect time to pick up some cheap alts.

[batang_bitcoin]

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

Why you want to sell after the fork because of your speculation that price will go down? It may go down but bitcoin is never failing us during forks. Have you been with other forks before? Look on what happened after those forks, there are some correction but later on the price did pumped rapidly. And besides don't you know that holding bitcoin for a long term basis is the best thing that you can do with your btc?

[1020kingz]

Its better to wait when the btc go up, because selling your btc at low price is a bad investment, for me I just keep my btc until the btc reached its highest rate then I will sell it so that it makes big profit for me.

[Akash1243]

Bitcoins are steadily increasing and crossing new heights and who knows that bitcoins would fall or rise right after the fork so its better to wait and keep an eye in the market.And i would recommend to hold the bitcoins as holding generally always is a good idea when you are not sure what to do and holding might cause you to earn profits in future.

[korkyqq]

I'd do it before the fork, people will be buying a lot of altcoins.

[Tobias-CrowdDrive]

I  hold my Altcoins and Bitcoin. But I think if you want to make the biggest profit you can sell it right after the fork and then buy back in at a low price. Or you can switch to Tether. But it is necessary that the fork has a replay protection.

[cl37007]

We didn't see a massive drop after Gold, so maybe selling is a risk. Depending how much you are planning to sell, you have to ask yourself is it worth the gamble they will go down rather than up for a few $100 gain per coin.

My personal holding i pretty small so I am hoping for the price to drop a fair bit briefly so I can pick some up at a cheaper rate

[ahmedjamal1998]

Well the price of bitcoins is one of the things which make no sense to me. Most of the time, whatever I expect, the exact opposite happens.
When the bitcoin cash hard fork happened, the price almost went down in the mid of July but as the date of Aug 1 became nearer everyone bought back in. So we can't say that BCH made the price go anywhere before the fork.

It was only after the fork that we saw it move up from the range of $2700 to $4300 !

If I try to somehow understand or imply the same scenario, it doesn't work. Price is going up before the fork.
PLUS why are more people buying ? The fork is no longer the motive. It's over. Will it continue to go up

My expectations (which are usually wrong ) are that it might crash in late November.

[lighpulsar07]

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

well you shouldn't sell your bitcoin due the fork is coming many exchanges will be closed a day before hard fork and also if you keep your bitcoins after the hardfork you will receive BTC2X after hardfork and also it's not true that bitcoin price drop after the fork in fact after the BCH hard fork the price soared from 2700 to 4300 it just dropped when the China imposes ban on bitcoin exchanges and the shutting down of BTCC in china. anyways it is your decision to sell it or not we are giving you advice.

[Silberman]

It may not be wise to just arbitrarily conclude that the price of Bitcoin will drop right after the fork...it may or it may not.  If it did drop significantly, I would certainly not sell but try to buy some more.  I believe dips are buying opportunities.

You are understanding the market right despite being a newbie, many people look at a decrease in the price as the worst thing that it could happen in the world, when in fact a drop in the price is great news since that means you can get cheap bitcoin for a limited amount of time and then you only need to wait for a few weeks before everything goes back to normal.

[jseverson]

I would say no. While things were as simple as that on previous forks, Segwit2x is a little more complicated. Your primary consideration should be that it does not implement replay protection. If you don't know what that is, look it up.

Another consideration is that the fork is meant to replace the old coin, and it has a lot of big backers. The forked coin may, however unlikely, replace the legacy chain as the main Bitcoin. It would be safer to hold both coins until things have started to settle in my opinion.

[pinoyden]

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

it depends on you op, if you need cash or if you want to shift on alts then you might want to sell it right after the fork but if dont then you better leave it there on your wallet but everyone else is expecting for a price drop after the fork although bitcoin can still possibly recover after some time.  but i guess you should buy alts now because they are still low these days.

[ethereumhunter]

As you can see the BTC is rising fast, everybody is transfering alt coin to btc to get the new fork currency.
As we know, after fork the price will drop fast.

I realy want to discussed with you if I need to sell all my BTC right after my fork, and I will buy right after at low price.
What do you think will happend after the fork?

Sorry for my grammer.
Thank you

if you have 10 bitcoin, then maybe you can sell 3 btc and keep 7 btc in your wallet or you can sell 50% of the total bitcoin if you want to have money to buy bitcoin again. i think when the fork is happen, the price will be down a moment and will be back increase because if i see in the past, the situations is the same but if the price is still increase while the fork is coming then we can be happy to sell our bitcoin in higher price so i am sure that there will be correction price is come.