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Good afternoon, friends, today we want to share an important topic that is gaining attention in the financial world and in general, not without clarifying that Digital File, made its best effort to make this post, because we are not experts on the subject, in fact many friends of the noise community, provide valuable and important information that keep us up to date in the world of cryptocurrencies, specifically with Bitcoin cash. Today Digital File decided to add to its archives one more experience with this topic, however let's start from the beginning, we as content creators had the concern of wanting to share our work, we did not know of the existence of the platform until just fifteen days ago; and in fact we are pleased and happy for the interaction we have had with the community, we have learned, we have had fun, we have grown and earned profits, in short a whole process of teaching and learning. We are very grateful for the receptivity and your contributions...... now well let's go to the topic at hand; we understand that Bitcoin Cash, was born in 2017. With the aim of increasing the number of processable transactions.
So we can corroborate this information, how, when we make a withdrawal or when we use it as a payment method to purchase a product. As we mentioned before we are not professionals or experts in the world of cryptocurrencies, however we can give our humble opinion about it because we have had experience, in our case with only fifteen days of intervention and interaction in the platform we have obtained profits, which in the very near future will be doubled, which we will use in one part to buy work tools to strengthen the work team and the other to accumulate until we reach our goal which is to have 1BCH; we see it as a stable currency. In addition to this, while researching we gathered other information that we found interesting and relevant; since its launch, Bitcoin cash has become one of the most successful offshoots of Bitcoin. Roger Ver, a well-known investor and one of the first to bet on Bitcoin, has a favorable opinion of Bitcoin cash, which he described as "the real Bitcoin". Known as the "Jesus of Bitcoin".
From our professional knowledge in another field we dare to define Bitcoin cash as the tsunami of cryptocurrencies, because it will sweep away the others, it seeks to continuously improve the financial quality, for it puts into operation platforms such as noise. Cash and read. Cash, where its users contribute quality content and get is a kind of give to receive, learn to learn, ie we gain knowledge and venture into the financial world. This interaction not only gives you profits but also gives you the opportunity to invest, tending towards the economic and financial paradigm, where profits are realized; also one of the most important features of this currency is when we buy it directly, the price is usually shown in dollars (USD). In other words, if we sell USD to buy Bitcoin cash units. If its price rises, we can sell your position to withdraw your profits because it is now worth more than the USD with respect to the time when we bought. If the price falls and we decide to sell, then we materialize the loss.
Above we compared Bitcoin cash to a tsunami; but it occurs to us that we can add a bit of art to your comparison... What? How about if we focus the comparison on a literary work as follows:
"Bitcoin cash and its friends".
The characters of this story are:
Bitcoin cash, the main character
Secondary characters, the rest of the cryptocurrencies.
The story takes place in the present time.
The place where the events take place is the financial world.
How do the events take place?
Initial situation: the characters are introduced in a situation:
In the story, a virtual currency is described, in which there are many expectations and hopes for its stability and the rise of it in the business world.
Complication: In the world of cryptocurrencies, there is a situation that every investor acts according to the preference of cryptocurrencies.
Resolution: the complication finds a positive or negative solution for the characters. In this case Bitcoin cash is selected by the majority of people being in the first place of preference obtaining more power in the financial world.
It is necessary to develop skills in the financial world and even more so with the topic of cryptocurrencies because this whole learning process places us at all levels of finance, understanding that investing in Bitcoin cash, is to understand and comprehend, the process in which we are all involved; users, investors, economists, suppliers among others in relation to a significant context in the world of economics. However, experts point out that cryptocurrencies are still relatively new to most people and can be extremely volatile. However although there are factors that point about the future of cryptocurrencies, we users must educate ourselves on this topic, because if we look around us, the world is changing at an unstoppable speed it is becoming increasingly difficult to get cash; financial institutions have a restriction on liquidity. It will not be in all countries but in ours. We, the users, are affected, so it is time to start changing the economic culture to which we were accustomed.
Due to all of the above, the digital file team came to the conclusion that we must educate ourselves on the subject of Bitcoin cash, and this in turn can be divided into three categories, the first category is established in the teaching and development of the use of Bitcoin cash, enabling the user to develop the understanding of cryptocurrencies and use of this in their transactions. Ideal moments where the user can interact in a comprehensive manner making the proper use of Bitcoin cash and strategies that allow you to understand and analyze the true meaning of virtual currencies, it is not simply to know or master the information, rather, it is a complex process such as selecting and using them in everyday life; make Bitcoin cash, the economic way to face the new financial world around us.
The second category is the development of financial thinking, that we have the ability to analyze, mention the value scopes, defend the ideas with argumentative seat, establish comparisons with respect to Bitcoin cash, as to how our Wallet was before and after reaching the platform that made it possible for us to know Bitcoin cash. In the third category, we must be sure, aware and familiar with Bitcoin cash, be aware of its technological properties and rapid commercial evolution because it will bring to our lives great economic changes that until a few years ago we were unaware of. In addition, it is time to make logical and calculated decisions. Our expectations, our hunches, although in the financial world we do not go by hunches, we will call it our point of view is that Bitcoin cash will become a winning currency because it is widely accepted and used.
In summary, and to conclude, we cannot say goodbye without first expressing how honored we feel to share this post, which perhaps has very little information regarding Bitcoin cash, however we can only thank the parents of Bitcoin cash... (Roger ver, Jihan wu and Craig wright), for giving life to Bitcoin cash. Who is here to stay. Thank you.
Sources Consulted