I am a noob when it comes to cryptocurrency, although I have a little background in it already there are still a lot of things I must learn. As I sulk myself in read.cash I have learned a lot especially Bitcoin Cash, the coin that this platform endorsing to a newbie like you and me. Read. Cash is a social media created to promote Bitcoin Cash, it pays users BCH through writing and interacting, it aims to be one of the portal in massive adoption and @MarcDeMesel donated big amount of BCH to show his support in this project.
Bitcoin cash is simple, we can send money to anyone all over the world. The transaction fees will only cost $0.01 and the speed of transactions is fast. It is the real peer to peer electronic cash that Bitcoin white paper fails to emphasize, maybe we already know why, but BTC fanatics will defend it because for them it was a “digital gold ” that BTC is for rich people only. Why would you spend $10 on an asset that was considered “gold”, so yeah just let them be because if you send $10 in BTC you will probably only receive $2, well, that's what I read on Mobtwo article.
Bitcoin Cash is for everyone, even a simple user like me can use BCH because of its cheap transactions, some keep calling BCH a shitcoin because according to the“What's the use of an asset that has lower transaction fees but the price is dumping?” maybe because of the profit thingy, not by the utility. Many believe that Bitcoin was highjack by selfish people. Bitcoin Cash aims to be the digital money for the world, wherein it can be utilized by many even a simple user without any technical knowledge as long as they have a BCH wallet, they can send and receive BCH, just like that very simple, copy and paste then send, voila! you got your BCH.
When it comes to massive adoption, BCH enthusiasts and builders believe that it has potential growth in the future and I also believe in it. The moment I started to read BCH related articles, I learned to love it, because BCH fundamentals are simple it can be understood by a simple user like me and you. Why Bitcoin Cash? Because it's for EVERYONE. It's for the WORLD, the future digital money.
Despite the fork that occurred I still hold my BCH, because I believe in it. When I gained some profit out of it I am sharing it on my Facebook stories not to boast but to share awareness about cryptocurrency especially BCH that there is potential profit in it. As I shared it, some inquire how to do it, it means there are a lot of interested people when it comes to investment matter, what more if they will know that BCH can be utilized as payment and only cost cents to pay for the transactions, they just have to be educated and I hope that the adoption of BCH will be massive, and will reach my country.
I still have to learn a lot, before I will bring people to use and hold BCH like me. I have to discuss its details in detail with them because if I will only give a link to an article about BCH they will probably not read it, when you know nothing about certain things and someone gives you jargon details it will kill the interest of that person. I want to see and witness how far BCH will grow in the future.
For those newbies who are holding their BCH but kinda scared of volatility well, you can try the swap features of Bitcoin.com wallet. Swapping to stablecoins will help you escape the volatility especially if the price of BCH is dumping. Just click the link below for guides on how to do it. If you don't know how to trade yet, then swapping might work for you.
As for me, I am only swapping my profit and let my capital float to generate more profit if the price pumps up again. Why not swap it all? what if the price will dump? Well, if the price will dump, I believe it will not go down to zero, so half of the profit I gained can cover the losses of my capital, so I still have profit left which is half of it or it depends. But you don't have to follow my style just do your thing what suits you best, since I am not a financial advisor.
But if you aim to have more profit in investing, then diversify your portfolio there are a lot of altcoins that has potential for great profit, just DYOR (Do your own research) about it. But above all, BCH is my number one coin. I am betting for it's future, I believe it will soar high in the next coming years! BCH for the win! 💪💪💪
That's the milestone... Seeing the potential that it bears, BCH is invested and developed a lot. The next bull-run is going to be huge for Bitcoin Cash, as well 😎