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Topic: Is BCH an effective investment option in the long run? (Read 419 times)

member
Activity: 224
Merit: 10
I don't think so. BCH is just a bifurcation of BTC. I'm not optimistic about BCH. On the contrary, ETH has a better prospect,so I suggest you keep hold the ETH.
member
Activity: 350
Merit: 10
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i don't know but i think it's like ETH and ETC (of course Bitcoin is ETH in that), now Bcash community is big enough to keep this coin grow for years ahead, also bcash has advantage (faster, etc). But we know ppl always choose the true ones, btc
BTH pump and dump. No original project. Named as bitcoin family to trick people. And people like it because BTH is for hype lover.
jr. member
Activity: 130
Merit: 1
Hello community crypto, I am a newcomer to this market. My initial investment was a few ETH. I notice that in recent days, BCH value seems to increase quite high compared to the general market. > 10%. So, BCH has to be a good investment for long term to hold?
Better to focus on investing on Ethereum as this will surely rise higher in the future and being the mother of most ICO with the adoption of smart contract this will push them to increase their value.
newbie
Activity: 21
Merit: 0
BCH is a centralized coin like Ripple so this ain't a good investment in the long run.
If you will hold this coin for long term, you'll be broke because its either Jihan Wu will dump this coin.
Or Roger Ver will dump as well when they are ready to forget about this coin.

it is true about BCH but Ripple situation is 100 times worse than this. because it is not only centralized and they can control everything including your balance but also the total supply is 100 billion while only they have released about 40 billion of it.
in other words there is still 60 billion XRP unaccounted for which they keep releasing each time they pump it so that they can make a huge chunk of money.

Well bitcoin cash is still considered as one of the top coins in the market though i kind of agree with you there. Calling bch as the real bitcoin won't hook that much support from people in the crypto community, well aside from ver diehards that is.

I didn't know it was that bad with Ripple! I was thinking of taking a few coins just for a short term flip but that could be a bit risky if they can just dump a whole bunch of coins into the market at anytime they please. But if it's already so low right now, that would probably be against their own self-interests, wouldn't it? They'd probably want to allow it to come up a bit before dumping it again.

BCH doesn't bode well with me either mostly because of the fork and centralized nature of it. Forks are usually not very good signs in my eyes. It can be a sign of weakness and discord among the team.
sr. member
Activity: 588
Merit: 251
EVOS
Speak like all correctly, indeed a large number of BCH coins concentrated in one place. But a lot of people are blind when they think only about profit, I'm not sure they'll ever want to open their eyes.
jr. member
Activity: 336
Merit: 5
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Bitcoin cash has stopped moving after it was found to be largely centralised. This is a major moo point in crypo, only ripple seems to have been accepted as a centralised crypto, but that might be short lived when people wake up
member
Activity: 344
Merit: 10
Although BCH looks very good, its scope of use has not been effectively improved, and if it continues to stagnate, it may face a downward trend!
hero member
Activity: 2324
Merit: 513
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BCH is a centralized coin like Ripple so this ain't a good investment in the long run.
If you will hold this coin for long term, you'll be broke because its either Jihan Wu will dump this coin.
Or Roger Ver will dump as well when they are ready to forget about this coin.

it is true about BCH but Ripple situation is 100 times worse than this. because it is not only centralized and they can control everything including your balance but also the total supply is 100 billion while only they have released about 40 billion of it.
in other words there is still 60 billion XRP unaccounted for which they keep releasing each time they pump it so that they can make a huge chunk of money.
What the heck. I didn't know about that Ripple and its a good thing that I never have any interested of having even a single Ripple.
That's truly worse so if someone has these coins and keeps on arguing and defending it to others, think again.

Well bitcoin cash is still considered as one of the top coins in the market though i kind of agree with you there. Calling bch as the real bitcoin won't hook that much support from people in the crypto community, well aside from ver diehards that is.
It has some whales back up so its remaining on the top but it doesn't mean they are good.
member
Activity: 470
Merit: 16
I'm don't recommend anybody to invest in BCH. Sorry but its just has no real value it replica of bitcoin with no future.
member
Activity: 260
Merit: 15
Every coin may rise but that does not indicate they are good coins to invest for the long term, ethereum is much more better than bitcoin cash for the long term for me.

You might be right and I do agree Ethereum is far better than BitcoinCash. But BitcoinCash is considered as one of the dark-horse altcoin which have capacity to outperform all other its peercoins / altcoins in long run. Though it might be not performing as expected, but in coming months I guess it will show why it is called as shadow of Bitcoin.
full member
Activity: 747
Merit: 102
BCH is a centralized coin like Ripple so this ain't a good investment in the long run.
If you will hold this coin for long term, you'll be broke because its either Jihan Wu will dump this coin.
Or Roger Ver will dump as well when they are ready to forget about this coin.
i don't know but i think it's like ETH and ETC (of course Bitcoin is ETH in that), now Bcash community is big enough to keep this coin grow for years ahead, also bcash has advantage (faster, etc). But we know ppl always choose the true ones, btc
full member
Activity: 308
Merit: 101
Every coin may rise but that does not indicate they are good coins to invest for the long term, ethereum is much more better than bitcoin cash for the long term for me.
hero member
Activity: 1246
Merit: 529
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BCH is a centralized coin like Ripple so this ain't a good investment in the long run.
If you will hold this coin for long term, you'll be broke because its either Jihan Wu will dump this coin.
Or Roger Ver will dump as well when they are ready to forget about this coin.

it is true about BCH but Ripple situation is 100 times worse than this. because it is not only centralized and they can control everything including your balance but also the total supply is 100 billion while only they have released about 40 billion of it.
in other words there is still 60 billion XRP unaccounted for which they keep releasing each time they pump it so that they can make a huge chunk of money.

Well bitcoin cash is still considered as one of the top coins in the market though i kind of agree with you there. Calling bch as the real bitcoin won't hook that much support from people in the crypto community, well aside from ver diehards that is.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
BCH is a centralized coin like Ripple so this ain't a good investment in the long run.
If you will hold this coin for long term, you'll be broke because its either Jihan Wu will dump this coin.
Or Roger Ver will dump as well when they are ready to forget about this coin.

it is true about BCH but Ripple situation is 100 times worse than this. because it is not only centralized and they can control everything including your balance but also the total supply is 100 billion while only they have released about 40 billion of it.
in other words there is still 60 billion XRP unaccounted for which they keep releasing each time they pump it so that they can make a huge chunk of money.
hero member
Activity: 2324
Merit: 513
Catalog Websites
BCH is a centralized coin like Ripple so this ain't a good investment in the long run.
If you will hold this coin for long term, you'll be broke because its either Jihan Wu will dump this coin.
Or Roger Ver will dump as well when they are ready to forget about this coin.
sr. member
Activity: 518
Merit: 250
I don't think so Smiley. Although I know that BCH is a cryptocurrency which created from Hardfork of Bitcoin and we can understand that it's the son of the king but it's not a good choice for long term investment Smiley. I think you only should hold your ETH or you can increase number of ETH which you're holding by buying more only Smiley.
hero member
Activity: 2730
Merit: 585
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Hello community crypto, I am a newcomer to this market. My initial investment was a few ETH. I notice that in recent days, BCH value seems to increase quite high compared to the general market. > 10%. So, BCH has to be a good investment for long term to hold?
I think you should only invest in short term in the BCH, you can see that the market is bearish in the long term, so the price of the BCH will probably continue to decline in the near future, the can see If the bitcoin price is restored, the price of the BCH will be raised. So I think you should only invest in short-term so that you can minimize the risk.
Good point of view right here. Also please remember to not just look into BCH/USD price but look deeper into BCH/BTC chart. I see some news for BCH but still my prediction is to just don't invest into it. Like I said before there are many projects to choose from, so why invest into Bitcoin Cash?
By the way it is quite new thing so better is to keep restrained form it. It is not like you are keeping yourself away from innovation and new coins and you aren’t trying new creations but dude, this is all about investment. Your hard earned money can be on stake and you may be regretting over it for long time. So research about them first and then chose the best option.
full member
Activity: 368
Merit: 100
BCH could drop in price to $ 400-450 if the market changes direction and bitcoin falls in value to $ 5000-5500. In my opinion, it is necessary to wait a little to look at the market trends.
sr. member
Activity: 1400
Merit: 283
Hello community crypto, I am a newcomer to this market. My initial investment was a few ETH. I notice that in recent days, BCH value seems to increase quite high compared to the general market. > 10%. So, BCH has to be a good investment for long term to hold?
Why invest in BCH when you could invest in the mother coin which is bitcoin, everyone knows that bitcoin is by far the best investment for the long term run, and btc cash is just a fork from it and I think that it has no where to go, it might go up once in a while but defiantly it is not a good investment because everyone knows its just another fork to scam people.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
I personally believe in BCH and BTC to invest in the long run, both are very good in the future as giant coins to keep me believe
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