Should We Invest in Bitcoin Cash?

[Suba]

In August 2017, during the Bitcoin hard fork, I, as a BTC holder, received free Bitcoin Cash (BCH) from both Coinbase and Blockchain wallet. At that time, Bitcoin Cash was trading around $260 per BCH.
Since then, I've become a BCH holder and learned about several advantages of BCH over BTC, including faster transactions and lower transaction fees.

According to Coinmarketcap, the current price of BCH is $581, ranking 11th. Bitcoin Cash uses a PoW consensus mechanism, so mining BCH requires ASIC hardware, and joining a mining pool is recommended. BCH is available on various crypto exchanges, so if you're interested in adopting BCH as part of your crypto investment portfolio, you can easily purchase it.

 

[Nomad]

You should have sold your BCH when the price was $3700. I don't see BCH going back to its all time high any time soon

 

[Augusta]

Faster And Less Expensive Transaction- Bitcoin cash has less transaction cost of up to one US penny and the potential of processing more than 100 transactions

 

[Kross]

Bitcon cash is one of the top 20 tokens. If you have patience, you can invest in Bitcon cash and get profits.

 

[riberet19]

You should have sold your BCH when the price was $3700. I don't see BCH going back to its all time high any time soon

Bitcoin Cash has risen from 31st to 10th place while everything else collapsed; that's relative strength. If you know about technical analysis, you'll see that BCH is consistently making higher highs and higher lows, and it will soon overtake Dogecoin for 9th place. It's entering a long-term bullish phase because all the selling pressure is ending after the 2017 split, when both BTC and BCH were distributed to early adopters. Take a look at Bitinfocharts and observe the large accumulation of BCH, and you'll see what's coming.


the chart BCH/BTC talks itself, in one year if you were invest in BCH you would have won against BTC and gold

and here you got why you should invest in BCH:

 

[Nomad]

Bitcoin Cash has risen from 31st to 10th place while everything else collapsed; that's relative strength. If you know about technical analysis, you'll see that BCH is consistently making higher highs and higher lows, and it will soon overtake Dogecoin for 9th place. It's entering a long-term bullish phase because all the selling pressure is ending after the 2017 split, when both BTC and BCH were distributed to early adopters. Take a look at Bitinfocharts and observe the large accumulation of BCH, and you'll see what's coming.

Thanks for educating me. I have never done that kind of price analysis for BCH, I have always analyzed its face value. I don't have any BCH assets, I sold them before it went below $600.

 

[riberet19]

Thanks for educating me. I have never done that kind of price analysis for BCH, I have always analyzed its face value. I don't have any BCH assets, I sold them before it went below $600.

Bitcoin Cash is fascinating if you delve into it. It already has perfectly functioning DeFi, Cash Tokens, optional privacy, smart contracts, lending features, transactions below $0.001, ultra-fast speed with 0-conf tech, and in May it will become quantum-resistant with the Layla update. BCH is Bitcoin and has never stopped developing to become what the whitepaper envisioned Bitcoin to be.