Quote from: BitcoinNewsMagazine on July 03, 2017, 05:49:56 PM

Considering we have to worry about a fork in August you should keep those bitcoin in cold storage where you control the private keys. Wait until the dust settles before investing.

i already have them in paper wallet from the start.so you are suggesting to hold.is that a good idea to hold this amount of bitcoin considering price may fall too much after August 1st? should i sell and wait it out the soft fork?

Quote from: lusinda on July 03, 2017, 05:54:09 PM

The best option for now is hold Bitcoin. However it sis also can't be called toally risk free.
If you want something risk free, then buy some commodity that will cost more in the long-time future.

Is holding bitcoin long term risk free?like if i hold for 5 years more then isn't there a high chance that i will earn a good profit?

Quote from: HabBear on July 03, 2017, 05:56:02 PM

Wow, the 500% gain you have isn't enough? Crazy. There is risk in owning bitcoin, so theres no such thing as a risk free bitcoin investment.

I think you should leave your bitcoin in that paper wallet until segwit and the gork talk have passed. Segwit2x is scheduled to occur on August 1. And then the nodes and miners have 6 months to fully adopt the new code, so a fork is possible for 6 months past that Aug 1 date.

Just hunker down and enjoy the ride!

are you saying that if bip 148 is successful then also there will a chain split within 6 months?