One thing I hope to acquire this month is more BCH, its never enough to hold, the more you have the more we want to keep having. Its sweet to hold, Cryptocurrency generally is a delight to hold right from time of inception till date, indeed we need to keep acquiring more and more Cryptocurrencies. Indeed the month of November is a promising month for the crypto world, and all crypto holders have a lot to lookout for especially those having the prominent Bitcoincash BCH.
Starting the month with an alert from binance stating a hype in ETH, it goes as far to show that this month of November may as well be looking to be more productive. Currently enlightenment on the benefits of holding a coin is just like training people from the beginners stage, simply put as long as you buy any cryptocurrency coin, with a decrease or increase in the market price of the coin you brought, you invested sum begins to increase in relation with the percentage of the coin increase or decrease, that is if BCH should increase or decreases by 2.8% then your invested sum in BCH is increasing or decreasing with same 2.8%.
Smart enough we should look forward to buying more to stock up, not just awaiting to buying the dip, with BCH all time is always a right time to buy, however we are not burdened to sell as whenever because we fear a cut from the already existing sum, there is no extra charges. Coins like, BCH, BTC, ETH, LTC, XRP, BNB, Shiba are all promising crypto for any to hold, not dependent on the time, judging from time past events, this coins have show to posses as diamond toothed rocket that would keep piercing through mountains, just when you see a dip, following up next is a new ATH. Holding such coins are never a regret.
However, there are pressures surmounting the average financial man, who just wants to make a huge benefit off BTC, ETH and few other coins having a huge transfer charge. Now those who can invest just $200 into btc, are not willing to remove a dime off it even during huge financial challenges, if you decide to borrow $100 of it to settle that life need, then you have already incurred loss, not loss of the money removed, no that cash is already with you and has a need you must settle, so that isn't accounted as loss, what if it were to be your child school fee, so someway it shouldn't be accounted as loss, since its a pressing need, however the loss comes from the fee paid to send out the transaction.
Such fee of about $5-50, for a sending fee is quite outrageous to the striving man and as such would want to well consider before making a decision to remove the $100 off the initial $200 deposited, this challenge needed to be attended to. Also contending with the need for swift transfer period, something had to be done. Therefore an extension off the first crypto, a fork off the prototype to give birth to a more comprehensive and promising coin, thereby BCH is presented to us.
If not for the soaring high abilities of btc and ETH, I bet people would still prefer the banks, and just choose other coins for crypto trading. The banks doesn't charge you way much as compared to BTC or ETH for a successful transaction, though they have their charges but its better off. However we have enjoy the best experience with BCH as our active hodl, it offers us better charges than the bank does. The currency has I like to foretell it to be is a great pick for any to hold, If you feel its already on the high side, then you can relax to see it extend more to the moon, however if you can buy now.
Buying in a dip is a universal rational time to buy, but with BCH anytime is a right time to buy. The benefits are mouth watering, visit my previous articles on my bio where I talked on BCH, I had also written on why it's the current best option to be adopted as a national currency. This month of November is smiling already, take a position with BitcoinCash. Hodl.
Thanks for reading. Still rooting for BCH. I appreciate your likes, comments and subscribing. Thanks and have a lovely week. Remain brilliant.
You can have it dear. Best wishes for you. Enjoyed the informative article.