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Topic: Is BCH worth investing? (Read 740 times)

sr. member
Activity: 644
Merit: 250
July 23, 2019, 12:27:23 PM
#94
BCH is always worth to invest, today the price have good increase to $326. I think the price will continues to increase so this will be opportunity to buy and hold for long term.
I agree.  I also think that now is the right time to invest.  Because you need to have time to buy everything.  Until the rise in prices has begun.
full member
Activity: 491
Merit: 100
July 23, 2019, 12:22:07 PM
#93
There are a lot of another tokens that are worth investing. BCH is a great altcoin, but I believe ETH or even LTC are more perspective for the future, because ETH would soon release their new version and hopefully, will finally add in price.
I agree.  I also think that Ethereum and Litecoin.  These are the coins that should be trusted and believed in their growth.
sr. member
Activity: 1330
Merit: 291
July 21, 2019, 03:37:22 AM
#87
At the current market value of Bitcoin Cash I will still recommend you to invest in Bitcoin Cash because as Bitcoin who happen to be the driver of the market increase there is equally tendency that Bitcoin Cash will increase in value. On a second thought, won't you invest your money Bitcoin since is the number one coins and has influence over all the market.
copper member
Activity: 224
Merit: 0
July 23, 2019, 11:36:23 AM
#85
There are a lot of another tokens that are worth investing. BCH is a great altcoin, but I believe ETH or even LTC are more perspective for the future, because ETH would soon release their new version and hopefully, will finally add in price.
hero member
Activity: 2562
Merit: 586
July 23, 2019, 11:12:52 AM
#84
I'm not a fan of all of these forked versions of BTC. I don't think BCH is a good choice for the long-term, and I've yet to see any real reason for its existence. There's nothing BCH does that other coins don't do better. However Vitalik has recently suggested using BCH as a temporary scaling solution for ETH ( https://ihodl.com/topnews/2019-07-15/buterin-proposes-use-bch-network-storing-eth-data/ )
Neither am I too, I have not really come across that case that will make me consider some of these coins for investment or usage because in the long run, they all do end up depending on the main bitcoin to grow in value including some other altcoins too, so if they have to depend on bitcoin, why then do I not just continue to hold and make use of the main king of coins that has already cut across all areas of usage.

Majority of this fork of Bitcoin, I do not really see them lasting longer than 5 years in the market, same as some other altcoins too. Once Facebook coin is released now, only bitcoin and maybe Ethereum will be able to compete with it, because other coins are not strong enough to withstand the strategy of the digital coin that Facebook is planning to release into the market.
member
Activity: 243
Merit: 10
July 21, 2019, 08:26:42 AM
#83
It looks like you missed the train. There's no reason to buy during a spike in the price, you might be left holding bags after it gets dumped. Focus on other coins which that are at lower prices rather than the ones getting pumped.

Wait for a correction or a drop and then buy during the dip. I'm not a supporter of Bcash, but I gotta admit that you make some decent profits off of it during the pump and dump waves every now and then.
For me My friend I don't even make an investment of BCH because I'm not funned with it.It makes me more comfortable if I choosed Eth and Bitcoin as my investment and hodl for it.
jr. member
Activity: 238
Merit: 3
July 21, 2019, 06:32:23 AM
#82
It's up about 18% now and trading at $523, according to coin360.
What influences this pump?

Well I think that the Bitcoin Cash (BCH) is good for either short or long term investment. Due to its fast movement of its price, it is easy to predict when will you going to start to invest on it.

I agree with you that trading BCH for short time trading is quite profitable, provide the trader have a good insight about BCH prices trend and movement, It's price fluctuate easily within short periods.
jr. member
Activity: 262
Merit: 2
July 21, 2019, 06:28:06 AM
#81
work it that it's really worth investing in the BCH coin because this is a potentially expensive one so it's very likely to make a huge profit here especially now that the bitcoin price is so low that I'm certain that when you invest in this coin is huge the money you earn.
member
Activity: 672
Merit: 10
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July 21, 2019, 03:27:26 AM
#80
BCH is always worth to invest, today the price have good increase to $326. I think the price will continues to increase so this will be opportunity to buy and hold for long term.
legendary
Activity: 2576
Merit: 1043
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July 21, 2019, 01:51:42 AM
#79
I'm not a fan of this coin but I think Bitcoin Cash is one of the top coins that are worth investing with for the long term.

It is like the blue chip of crypto already so it can really give you huge profit in the long run. I know that there are many haters here of Bitcoin Cash but haters will hate and investors will profit.
full member
Activity: 691
Merit: 100
July 21, 2019, 01:12:01 AM
#78
It's up about 18% now and trading at $523, according to coin360.
What influences this pump?
Worthy. Bitcoin Cash is worth investing because this coin is the fifth in the coinmarketcap. In my opinion, a good coin for investment is a top 100 coin.
full member
Activity: 1442
Merit: 108
July 20, 2019, 11:58:27 PM
#77
BCH is very good for investment, but it's better for short-term investments. BCH prices are very dependent on bitcoin, so pump and dump will occur very quickly.
member
Activity: 504
Merit: 25
July 20, 2019, 11:43:03 PM
#76
BCH is a very good altcoins to me cos I'm more interested in coins that respond to bitcoin bullrun very quickly,bch is one of those coins and there are few others like it too
member
Activity: 531
Merit: 10
July 20, 2019, 11:24:52 PM
#75
It's up about 18% now and trading at $523, according to coin360.
What influences this pump?

Well I think that the Bitcoin Cash (BCH) is good for either short or long term investment. Due to its fast movement of its price, it is easy to predict when will you going to start to invest on it.
member
Activity: 518
Merit: 11
HODL
July 20, 2019, 08:46:08 AM
#74
For me Bitcoin Cash and Bitcoin SV do not have any future!
And why?
Hash rate of Bitcoin Cash is only 3% of the hash rate of Bitcoin! Imagine how easy it would be to attack a BCH network.  Cheesy
In the era of blockchain industry, competition plays a pivotal role to create a value based on actual needs. BCH is greatly affected by BSV. I think some of the main limitations of BCH have been offset by BSV and it is unlikely that BSV is a phenomenon this year. There are still quite new news of BSV in a state of skepticism. Anyway, today it made a great effort to increase its value greatly.
sr. member
Activity: 538
Merit: 250
July 20, 2019, 08:08:20 AM
#73
For me Bitcoin Cash and Bitcoin SV do not have any future!
And why?
Hash rate of Bitcoin Cash is only 3% of the hash rate of Bitcoin! Imagine how easy it would be to attack a BCH network.  Cheesy
jr. member
Activity: 448
Merit: 5
July 20, 2019, 08:02:24 AM
#72
BCH investments are working out very well because bitcoin prices are so low now that it's better if you invest in coins and wait for their price to rise and sell for greater profits.
full member
Activity: 952
Merit: 104
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July 20, 2019, 07:11:42 AM
#71
I think bitcoincash is really worth investing it is easily for the bitcoincash to rising up the price when the market recover, my observation is that when bitcoin price starting going up and the bitcoincash was also affected of rising the price of bitcoin.

If you trust ETH you can invest in Bitcoin Cash. Seems strange? There was news from Buterin. He believes that Ethereum needs to be scaled, for this, it is necessary to integrate third-party blockchains, and that the BCH blockchain matches these goals. He said that in Ethereum there are already all the necessary mechanisms to confirm blocks of Bitcoin Cash.

But is it a good way of investing? You have ETH which already is a risky altcoin and instead of buying Bitcoin or more ETH you decide to buy another altcoin that depends on BTC and ETH. If Vitalik changes his mind and doesn't use BCH blockchain BCH will remain as useless as it is now.

I wouldn't invest in a coin that doesn't do anything and needs support from people like Buterin to mean anything.

I agree with this, why would we invest or buy on an altcoin which depends it's price on other coin. I don't think it's worth to risk another coin rather than buying top 2 coins which is Bitcoin and ethereum.
full member
Activity: 910
Merit: 100
July 20, 2019, 06:29:02 AM
#70
As long as you can make a profit from BCH, that is worth to invest Wink

I still buy and sell BCH until now especially if I can get a low price, but if I see that the price is starting to increase, I will hold my buy order and wait for a while until the price can get down again. That is what you need to do if you want to make a profit from any coins and not just for BCH.
right, BCH is also a good coin.
i think all altcoins that are ranked 2-50 in CMC are good coins, provided we can take advantage of market conditions.
we can get a lot of benefits as long as we are good at assessing conditions and capturing profits.

so, i think whether or not a coin is good depends on how we take the opportunity and capture the many benefits of each coin.
member
Activity: 690
Merit: 12
There are consequences for every action
July 19, 2019, 03:47:00 PM
#69
It's up about 18% now and trading at $523, according to coin360.
What influences this pump?

Since bitcoin cash has been formed into two tokens, I do not think t is worth investing
It has slowly turned to a pump and dump token;

Simply diversify your funds and get better investments options
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