Post
Topic
Board Speculation
Re: 1st August questions - can you invest safely?
by
SONG GEET
on 09/07/2017, 05:11:36 UTC
So im looking to invest into bitcoin and because it's hard to determine whether price will drop or raise after 1st of August i have decided to invest a certain percent now, and the rest after 1st of August.
Good decision, always keep 50% in fiat to buy back cheap bitcoins.

Is it safe to buy Bitcoins right now, and by safe i mean - in case of a fork, i have read some things about a chain being completely neglected as if it never happened. Am i safe to buy my BTC now and send them to my storage or is there a possibility in which that transaction becomes "neglected as it never happened" and the btc will disappear from my wallet?
It is safe to buy bitcoins right now but you have to keep them in electrum like wallet which provide you private keys of your bitcoin address so that you can have coins in both chain in case of hard fork.

Is it safe to purchase Bitcoins after 1st of August or once a fork happens? Any catches or things i should be looking at?
If there will be hardfork which is quite uncertain right now, you will be able to buy two types of bitcoin one with small community support and another one with majority of miners support.