I will prefer to sell these old coins. Bitcoin remain only the better old coins. Others are dumped.
BCH all-time high is $4355. Its price today is $435. 10 times lower than its all-time high. BSV all-time high is $491. Its price now is $66. Almost 7.5 times lower than its all-time high. When bitcoin has been getting to all-time high this year.
Hold them? No.
BCH all-time high is $4355. Its price today is $435. 10 times lower than its all-time high. BSV all-time high is $491. Its price now is $66. Almost 7.5 times lower than its all-time high. When bitcoin has been getting to all-time high this year.
Hold them? No.
Well, Bitcoin SV's "Terranode" upgrade is bound to happen soon (between the end of 2024 and the beginning of 2025). It promised to bring "unbounded scalability" to the BSV blockchain. While I'm not a fan of the way BSV is organized (centralization), such network upgrade might help attract businesses into it. Perhaps, this means higher prices in the long run? Only time will tell. Bitcoin Cash, on the other hand, is much more decentralized and community-oriented. Its taken a "halt" in getting higher block sizes for quite a while. The project is now focusing on smart contracts and other use cases. Development is still happening behind the scenes, but popularity is waning. The majority is still focused on BTC, because it's the one with the most gains.
Despite the bullish market, both BCH and BSV are way below their last recorded ATHs. So they're not a good long-term investment after all. I guess my best bet would be to sell everything and buy more BTC. Who knows what would be of Bitcoin-based forks in the future?
