Convincing My Friend to Hodl BCH Instead of Ethereum on

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2 years ago

How it all Started:

I have a close friend who have been doing crypto trading on for the past few months and he is a firm believer on Ethereum as the next big thing but I was able to convince him to hodl Bitcoin Cash instead of Ethereum on

As a newcomer on Bitcoin Cash but already a user of for the past few months, because of loading transactions and the earnings from Paypal being directly deposited to my wallet, I am in the same boat with my friend and co-worker.

All my Paypal earnings from various online projects are handled by both GCash and for easy withdrawal here in the Philippines, so I have some experience in terms of using the platform.

Cryptos Losing It's Values a Blessings in Disguise:

During the past two days, a huge spike in the value of Bitcoin and other alternative cryptos, achieving a new All Time High (ATH) compared to the value of the dollar and other fiat currencies.

My friend earned some amounts of money during the peak of Ethereum but during the time when Ethereum dive to it's lower value during the past 24 hours, my friend immediately withdraw his stake at Ethereum as we discussed the volatility of the cryptocurrency world.

This is the time when my friend and co-worker asked me about my income online if I also lost some of my Bitcoin Cash earnings in terms of value compared to our fiat currency.

Finding Interest on BCH and the Reasons Why I am Confident on the Crypto:

My friend and co-worker could no longer hide his interest on Bitcoin Cash and the reasons why I am still confident on the said crypto despite the fact that I lost around $3 of values in my account.

I told my friend that my business ideas in terms of cryptos is not for a one-day gains only just like what he was doing on his Ethereum assets, buying low and selling high, but my purpose for a long-time gains as I hodl my BCH earnings and even converted all other assets into Bitcoin Cash.

Our work schedules doesn't permit us in always monitoring the prices of cryptocurrencies as what we are doing during our free time, there are some instances that we are busy with our respective works we could not monitor from time to time the value of our assets on

BCH and Ethereum Price

Ethereum Losing It's Value:

Last February 20, 2021, the value of Ethereum in the Philippines as recorded by wallet was at its peak of P97K per coin, but last February 23, 2021, Ethereum's value was recorded at P77K and this is the reason why my friends gains were lost immediately and his confidence went low.

My friend lost at least P6,000 on his value instead of gaining more than P10,000 during the first week of February. This is the reasons why he lost his confidence on cryptocurrency as he asked some questions about BCH and the reasons why I am not affected with the losing value from my BCH assets on

Bitcoin Cash Also Loses its Value:

In my own experience Bitcoin Cash have its peak last February 20, 2021 with one BCH worth more than P36K but it loses its values to just P23K last February 23, 2021.

Despite the loses I incurred at my holdings, I still felt that the setback was just temporary because right now BCH is now at P25K per 1BCH coin at my wallet.

I am still confident that the value of BCH will go higher in terms of values compared to our fiat currency and it will surely happened in the next few hours or days.

Introducing BCH and Why I Believe it is the Real Bitcoin:

After comparing the values we lost in both Ethereum an BCH, I told my co-worker that it is now time for him to really believe in Bitcoin Cash and why it is more safe to hodl BCH compared to Ethereum for the long term.

This is the time that I introduced Bitcoin Cash to my co-worker and close friend for him to have a better understanding of the coin by directing him to visit my favorite BCH introduction website at

Demonstrating Lower Transaction Fees:

I convince my friend that in terms of transaction fees, Bitcoin Cash is the runaway winner when compared to Ethereum and other cryptocurrency because of its lower fees and faster transactions.

The transaction fees for Ethereum is way to high compared to the $0.001 transaction fees charged by BCH to their costumers, that's the reasons why it is the go-to-sites for all micro sites nowadays.

Onboarding my Friend to BCH Community:

Upon seeing with his own eyes the benefits of Bitcoin Cash, my friend immediately dumped at least 80% of his Ethereum assets and brought in Bitcoin Cash for hodling purposes.

I told him that the cryptocurrency market is indeed the most volatile investment we could ever make but with some honest transactions and a little bit of experience we can surely gain from our loses, only if we believe in the BCH community and the future of this fastest-growing crypto assets.

This is just one of my story on how I was able to convince my friend to join us on our journey of introducing and using BCH in our day to day activities and sharing our experiences, loses and gains.

Until next time!

Still at your service,

Phil Newsome aka BantayanIsland

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2 years ago


As a noob advice, hold that two crypto but I highly reccommend bch

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2 years ago

Thanks for the advice.

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2 years ago

Thank you so much for detailed information. This article have cleared almost every question circulating in my mind from the beginning (almost 44 hours ago) when I have joined this plat form the link provided at another social media plate form named as Uptrennd . There at Uptrennd one thing is very frustrating that is there withdrawal system. I think here at we can withdraw the minimum amount of 0.25$ and withdraw does not take much time as well. In comparison to Uptrennd there no daily free 10 points bonus of 10 page refreshment and free 10 points of daily activity bonus here at plate form. But one think here at is very good that the old users are too supportive to newbies like me for our encouragement they support us with bundle of like, upvotes and comments i.e I'm enjoying till now. And I hope in near future will also start free bonus points schemes for there users especially new user.

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2 years ago