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Topic: Is BCH worth investing? - page 2. (Read 727 times)

hero member
Activity: 2170
Merit: 528
July 19, 2019, 04:38:42 PM
#68
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.
full member
Activity: 352
Merit: 100
July 19, 2019, 03:50:34 PM
#67
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.
full member
Activity: 282
Merit: 100
July 19, 2019, 10:50:11 AM
#66
I guess it is worth to invest because if you check the price of BCH in December 2017 it was reached $4,000 that was the time of bull, so why not in the next bull run it will reach again at the highest price.
everyone hopes that the assets they have can reach ATH again, but what happened at the market this year is very different. BCH is still a worthy asset for investment, but I prefer bitcoin.
member
Activity: 893
Merit: 43
Random coins :)
July 19, 2019, 10:45:38 AM
#65
It's up about 18% now and trading at $523, according to coin360.
What influences this pump?
Most altcoins ride on the success of bitcoin and BCH isn't any different...other influences depend on what's breaking in the news and latest developments in terms of regulation.

Quote
BCH worth investing
Others will tell you it won't, others will say it is worth investing in and will make you money...but honestly it's all about risk taking and trying your luck. Go with your gut feeling with what will make you some money.

sr. member
Activity: 980
Merit: 256
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July 19, 2019, 07:05:59 AM
#64
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.

This is true and BCH tends to increase with Bitcoin recently. I think if both of them can raise prices in the near future, the profit will increase significantly if you have a long-term investment strategy of these two pennies. In fact, BCH has a huge fluctuation when the market enters the uptrend stage but in order to get a higher price, this coin needs to have a lot of new information in relation to other pennies and need to maintain price increases in the most stable way
hero member
Activity: 2702
Merit: 510
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July 19, 2019, 06:56:53 AM
#63
I think BCH is worth investing, several times I observe the movements that occur in the market and I see when BTC is up then BCH also follows it and I think it is easy to predict so we can know when it's time to buy and when to sell or wait for can produce even more profits.
Didn't you consider the fundamental of the bitcoin cash an important thing that needs to be considered before you try to invest in bitcoin cash? I thought that this coin is not worth to invest and it much better to puy our money in bitcoin. It's not about profit but how this coin has a good fundamental that can give a huge impact to the price.
hero member
Activity: 2604
Merit: 816
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July 19, 2019, 05:09:50 AM
#62
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.
sr. member
Activity: 1638
Merit: 457
July 19, 2019, 04:49:32 AM
#61
I think BCH is worth investing, several times I observe the movements that occur in the market and I see when BTC is up then BCH also follows it and I think it is easy to predict so we can know when it's time to buy and when to sell or wait for can produce even more profits.
hero member
Activity: 2646
Merit: 686
July 19, 2019, 03:23:29 AM
#60
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/ )

Bitcoin Cash is not worth investing as they had to burn their coins to fake volumes, in addition to this they marketed their coin as the real Bitcoin to con investors who thought they had purchased real bitcoin. There were claims made that bitcoin cash transactions were cheaper than bitcoin, but when I tried to execute few transactions I found it expensive in comparison to bitcoin transactions fees.

Source: https://bravenewcoin.com/insights/bitcoin-cash-and-coin-burning-what-does-it-mean
sr. member
Activity: 1372
Merit: 322
July 18, 2019, 10:56:18 PM
#59
This is really sad that a thread from 2018 has been bumped for no reason, the surprise is the necro bump was by a campaign participant of Hhampuz. I can't believe he has accepted a spammer like him.
sr. member
Activity: 1078
Merit: 354
July 19, 2019, 02:14:02 AM
#59
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/ )
full member
Activity: 924
Merit: 100
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July 19, 2019, 01:48:29 AM
#58
It's up about 18% now and trading at $523, according to coin360.
What influences this pump?

When compared to BSV, I prefer BCH. BSV coins have too much controversy and make negative impact on the market. With blocks larger than bitcoin, transactions using BCH are fast enough and I think BCH can be a good investment in the future
sr. member
Activity: 1344
Merit: 379
July 18, 2019, 11:20:49 PM
#57
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.
sr. member
Activity: 364
Merit: 252
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July 18, 2019, 11:12:33 PM
#56
Most people are skeptical of BCH (https://www.crypto-rating.com/crypto-currencies/bch/), but if you look at the charts, BCH has outperformed BTC along with every asset above it on CMC. So far in the last week, BCH has pulled in 10%, whereas BTC has grown 9%. Although these are very close, it shows that BCH is a strong hedge in times of uncertainty and exuberance with BTC. There’s no better time than now to hedge against BTC, and the only option is with BCH.



Hilarious  Grin





I think that picture sums up the answer.
BCH would not be a wise investment this year because of the price fluctuations within Bitcoin.
full member
Activity: 1190
Merit: 100
July 18, 2019, 10:00:01 PM
#56
BCH has a good price if you see it at the current price,
it's very regrettable if you don't have a BCH, at least having 1 or 2 is better to enjoy BCH investment, because in my opinion BCH is the best investment after BTC and ETH.
BCH is indeed a good choice to invest. Of course there is no harm in adding BCH in your portfolio, because BCH will also have an effect when Bitcoin experiences an increase. By having a BCH, of course it will also benefit eventually.
sr. member
Activity: 1078
Merit: 250
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July 18, 2019, 10:50:14 PM
#55
BCH has a good price if you see it at the current price,
it's very regrettable if you don't have a BCH, at least having 1 or 2 is better to enjoy BCH investment, because in my opinion BCH is the best investment after BTC and ETH.
BCH is indeed a good choice to invest. Of course there is no harm in adding BCH in your portfolio, because BCH will also have an effect when Bitcoin experiences an increase. By having a BCH, of course it will also benefit eventually.

In the long run, this is a very good coin for long-term investment because I believe that the value of BCH may be even higher if the market can increase its price in the coming time. Currently the $320 price is being maintained and if you consider investing then do it now because after the correction last week, all leading altcoin is having a very good recovery. I personally will not miss this discount opportunity and will invest all the money that I have in this market
jr. member
Activity: 224
Merit: 2
July 18, 2019, 09:59:15 PM
#54
of course that all happened because of the surge in bitcoin prices last night. after the trial yesterday the price of bitcoin experienced a price decline that was so big but only last night the price of bitcoin rose again.
maybe that's one of the reasons for the increase in BCH because they are still in the same share.
legendary
Activity: 2156
Merit: 1018
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July 18, 2019, 09:45:27 PM
#53
BCH has a good price if you see it at the current price,
it's very regrettable if you don't have a BCH, at least having 1 or 2 is better to enjoy BCH investment, because in my opinion BCH is the best investment after BTC and ETH.
full member
Activity: 910
Merit: 100
July 18, 2019, 09:33:17 PM
#52
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.
i also feel more comfortable investing in ethereum than BCH, especially for the long term.

i do have a BCH, but that is only for short-term investments.
i want to take advantage of the pump and dump that happened to BCH, so far it is quite profitable.
i think BCH is good enough, if only we could buy and sell it at the right time.
member
Activity: 243
Merit: 10
July 14, 2019, 09:21:40 AM
#51
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.
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