Investing in Crypto currencies can be quite profitable if done correctly. So, If you are new to the Crypto space, there are lots of Good reasons why Bitcoin Cash should make it to your portfolio.
Looking at some major things you should consider while making an investment portfolio, Bitcoin Cash has all it takes to suit into every part of them.
Bitcoin Cash is a digital currency for Peer-to-Peer transactions just like Bitcoin was when it was initially introduced and in addition to that, it's more cheaper when it comes to transacting, faster and secured.
Let's take a look at some tips to creating an investment portfolio.
Market Capitalization
One of the first things I do before including a digital currency to my portfolio is study the market capitalization of such piece. Bitcoin Cash has a market Capitalization of 9.83 Billion Dollars, making it the 11th biggest crypto currency according to coinmarketcap as at the time of writing.
Coin Community
Take a look also at the community, the programmers, engineers, designers, how cordinated does it appear? This goes a long way to speak the future potential of a digital currency.
The Bitcoin Cash Community is a large one with several nodes that suits security, DeFi development, Gaming and still built in an open Sourced style, welcoming further developments.
5 Reasons Why Bitcoin Cash Should Be part of your Investment Portfolio
Fair Value
Bitcoin Cash is way under valued at it's current stage making it an opportunity for you to step on the flight while it takes you to the moon. According to coinfairvalue, as at the time of writing, Bitcoin Cash is worth $3000 compared to it's current price at $520.
That means that, it's 5 times cheaper to invest in Bitcoin Cash today than ever so, if you are an investor who believes in long term investments, Bitcoin cash should make your list.
Privacy
Just as it is a digital currency for Peer-to-Peer transactions, you will definitely want to spend your Profit some time. So, I guess it will be to your delight if you had to spend in a more private way.
Privacy on Crypto Currencies have never been so cool as spending Bitcoin Cash on Cashfusion. Cashfusion is a fully decentralized privacy protocol that allows anyone to create multi-party transactions with other network participants. This process obscures your real spending and makes it difficult for chain-analysis companies to track your coins.
Exchange
It's necessary to get handy options to Exchange your assets at anytime you deem fit. Well! If there's essence for Exchanging Bitcoin Cash, you wouldn't find it difficult. Bitcoin Cash is being listed on almost all major crypto currency exchanges including; crypto.com, coinbase, binance, bitcoin.com to mention but a few.
Cheaper Transaction
Who doesn't like freedom of transacting? Perhaps one can only transact with a free state of mind if he's got not so much to loose.
Bitcoin cash is scalable and can handle a good number of transaction per hour making it less congested which in return keeps the transaction fees flat.
Bitcoin Cash Can Make You Rich
Bitcoin had essentially failed its first stress test and many in the community felt that changes needed to be made to the core protocol of the coin if it was to ever fulfill Nakamoto’s original vision.
Taking a quick look at the fore aim of the Bitcoin Cash Community which is Adoption, there is every tendency that the market capitalization for Bitcoin Cash could skyrocket as it goes. That is because Bitcoin actually failed to be an asset for Peer-to-Peer transactions so, as people get to realize this, more Investors are likely to come into Bitcoin Cash.
Bitcoin Cash is built for the masses, to give you full control of your money and to let your spend in a secured and private way.
Conclusion
I know that when it comes to investing, every investor needs something that has a potential of making them richer and safe so, I tried as much to briefly include them. There's a brighter future for Bitcoin Cash and for you if you can Hodl tight.
There are many reasons why we should invest in Bitcoin Cash, your explanation reinforces that reason