Re: Newbie - Investing in BTC/ETH

Now is not the time to buy BTC, but for ETH i guess. Prices of both coins might drop in couple of days or week, and after August 1st that's the only time we can surely predict what will happen.

BTC will come down shortly, more safely buy BTC. I am worried about ETH, lately there is a lot of fishing they have lost this Coin. This affects the ETH price. That's just my prediction.

I don't think anyone can tell what will happen after 1st of August. If decided to invest money in the crypto market then I suggest don't wait but start buying in small quantity in regular intervals so that you will get a best average price. Because after 1st August if prices suddenly go up then you may not be buying it so buy some now and later some more.

My strategy for the situation in present is split my funds to 3-5 parts, use 30% for buying at now, 30% depend after August 1st and 40% keep safe money by withdraw to FIAT or holding Bitcoin in cold wallet. Because from August 1st maybe have HardFork Bitcoin and very risk if still holding Bitcoin on exchange

Good move, this strategy is worth imitating. All exchangers have warned "do not transact Bitcoin". Very risky.
Hope this is solved with soft fork. So everyone will enjoy bitcoin.

User agreement and soft fork will cope with this current issues with bitcoin, don't worry about it. The worst things is that we will lose some time while waiting the bitcoin get fixed, the rest will be promising.