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Topic: Is BCH an effective investment option in the long run? - page 2. (Read 375 times)

legendary
Activity: 2520
Merit: 1040
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We have different insights regarding into this. Some people especially the Pro - BCASH will think BCASH will be a good investment for them in the long run therefore, they will buy it and hold for the long run. They trusted Roger Ver so they will hold. On the other side, the Anti - BCASH will think that this is not a good investment for the long run and therefore they will never invest in it.

For me, I don't like BCASH that is why I choose Bitcoin over this stupid fork of BTC. I didn't bought even a single BCASH because I don't like it.
full member
Activity: 283
Merit: 100
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?
full member
Activity: 1834
Merit: 166
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?
This coin has shown signs of regular growth after the folk and its launch and prices have also gone far away in the peak period although they have came down a little now but following btc trend once again recovering.You can hodl it for long but it can't be said that it will more profitable or not as there is always a risk factor so its your personal choice.
member
Activity: 392
Merit: 10
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.
hero member
Activity: 1232
Merit: 738
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No. BCH would never be my investment option for the long run
why? because it's a fork without any substantial improvements from BTC
it's just a tool for some select people to make quick cash Undecided
full member
Activity: 283
Merit: 100
Sorry, but I'm not believing in projects like Bitcoin Cash where people on the lead of it are not let's say honest with what they're doing. In times when you have got like 1600+ crypto projects in which you can invest, you can surely find better projects/coins to invest.
I would totally agree your opinion (the only post in this topic that doesn't believe in BCH) as i find it the most sheatable cryptocurrency ever. BCH had been forked from the main btc blockchain as a way to solve some problems (block size, fees,...) by trying to make everybody forget about the old BTC and focus on a new decentralized cryptocurrency running in a separate blockchain; this means that BCH is not to be trusted at all neither for long term hodl, nor for daily trades. At the same time, developers maintain the blockchain of btc by providing more suggestions of solutions (Lightening network,SegWit...).
Never beleive in BCH or the team behind.
Talking still about BCH please remember that for many time Dogecoin had got more transaction per the same time frame than Bitcoin Cash. Now, when there was a moment when BCH has got more, their community just blow up with happiness about that Cheesy That's funny for me Cheesy
newbie
Activity: 112
Merit: 0
Yes. I always support this coin, BCH is my passion and confidence, I believe in them and can capitalization market of this coin will increase next year, surpassing ETH
member
Activity: 176
Merit: 10
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 have a tendency to decrease my trust into coins that are using a name of another cryptocurrency in they are name, like Ethereum Classic, Bitcoin Cash, and etc. You need to develop your unique brand name, imho.
sr. member
Activity: 1092
Merit: 257
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yes because I think bch is almost similar to bitcoin in terms of price changes and the market is also very similar, bch is perfect for long-term investment.
BCH is similar to Bitcoin but it is not Bitcoin potential and reputation so we should better move to Bitcoin is the good for long term and my suggestion is Ethereum also best deal for long run.
This year BCH is more volatile so better avoid to invest in this platform we will protect our investment for long term.
newbie
Activity: 196
Merit: 0
yes because I think bch is almost similar to bitcoin in terms of price changes and the market is also very similar, bch is perfect for long-term investment.
hero member
Activity: 2338
Merit: 757
Sorry, but I'm not believing in projects like Bitcoin Cash where people on the lead of it are not let's say honest with what they're doing. In times when you have got like 1600+ crypto projects in which you can invest, you can surely find better projects/coins to invest.
I would totally agree your opinion (the only post in this topic that doesn't believe in BCH) as i find it the most sheatable cryptocurrency ever. BCH had been forked from the main btc blockchain as a way to solve some problems (block size, fees,...) by trying to make everybody forget about the old BTC and focus on a new decentralized cryptocurrency running in a separate blockchain; this means that BCH is not to be trusted at all neither for long term hodl, nor for daily trades. At the same time, developers maintain the blockchain of btc by providing more suggestions of solutions (Lightening network,SegWit...).
Never beleive in BCH or the team behind.
full member
Activity: 283
Merit: 100
Sorry, but I'm not believing in projects like Bitcoin Cash where people on the lead of it are not let's say honest with what they're doing. In times when you have got like 1600+ crypto projects in which you can invest, you can surely find better projects/coins to invest.
full member
Activity: 644
Merit: 101
In my opinion the most potential for investment in long run is BTC and ETH because both coin stronger than other, both has bigger community and also will solve scalability issue in crypto space by add new features and increase the technology to be more high advanced. BCH is good but will be better to chooce BTC and ETH.
hero member
Activity: 742
Merit: 500
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?

Im not really sure why bitcoin cash went up so much over the past month but i dont think it's due the fundamentals of bitcoin cash.  I've noticed that in many cases some altcoins will experience drastic price drops during a bear market and thats what happened to bitcoin cash.  The result is that is recovered those losses during the recovery which is why the price went up a lot more than the other cryptos.
full member
Activity: 588
Merit: 100
When i look daily time frame of BCH, this coin is the same like others too high volatility so for better use it for swing trading. The price just look like pump dump, and to make profit we should trade it. And if you want to make investment in long term, prefer to chooce BTC because the fundamental stronger than BCH. Others than BTC chooce new project that has massive potential like ZIL and ONT for long term investment.
legendary
Activity: 1582
Merit: 1059
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?

Look, I think you need to do your own research of course, but from my opinion I would say that for the Long Run, BCH is a terrible investment. The only advantage bcash has will be gone in the long run, but the lightning network will only get better with time. Even now, that segwit finally got adopted by the major exchanges, the fee dropped quite a bit, so bcash is no longer much faster and cheaper than BTC. BCH doesn't really have a good scaling solution, and bitcoin has one, so in the long term, BTC will only get better. For the short term it might be good, since all the alts dropped quite a lot, compared to BTC, so it's normal that if BTC continues to rise, they will rise more. Once all this speculation is done, and BTC gets adopted, and the real alts will survive, and I don't think BCH is one of them.
member
Activity: 490
Merit: 10
Bitcoin cash is like another cryptocurrency that if hold for a long will return a good amount to your initial capital. But I still trade Bitcoin and I maintain that Bitcoin is the only currency that has a good future when hold for long.
member
Activity: 294
Merit: 10
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Nearly tripled the price in the last month. Although many people say it is not suitable for investment, its breakthrough was incredible.
hero member
Activity: 2408
Merit: 584
I am still in a stage where I am weighing bch over eth. Though they are far different, we can't deny the fact that bch nearly beat eth's place last time. From that, I am aware that bch will stay longer in the market, thus a good time to buy and invest for a long term. They said, BCH will not last longer but I do
not believe the fud since bch is considered as peer to peer electronic cash then it will stay in the market as long as cryptocurrency exists.
BCH is a little mysterious to me. Sometimes I feel like this coin is going to be with us forever and can grow more than Ethereum and then I have this thought that it is not a trustworthy coin like Ethereum. BCH can leave its investors anytime without giving a warning. That is why I skip the trouble of going through choosing the best altcoin and suggest bitcoin as we cannot doubt it in any way.
full member
Activity: 434
Merit: 246
BCH also one of the best potential coin so we should invest in long term it will make big profit in future.
Really? I wouldn't be so sure about the long term. In any case, if you are a serious BCH trader, you should be aware of certain details about the entire BCH ecosystem. In particular, there are four major wallets you should be monitoring constantly.

I've learned this from an excellent medium article (which has probably been shared here on this forum, not sure):

https://medium.com/@btcWolves/bch-heading-towards-the-abyss-f1b2b9ec41f1

It is really worth your time, especially if you want to look at the whole problem from an emotionless trader perspective.
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