BCH, what they know that we need to know

When we look at the Bitcoin Cash community and see how a few people are making waves with their rising portfolios of BCH and other cryptocurrencies, as well as their charitable gifts, we are stunned and wonder how they got to where they are now in the bitcoin cash community and the crypto space at large. We wondered if they owned a lot of firms or were the CEOs of a lot of enterprises to have such large cryptocurrency portfolios. The truth is that the vast majority of them were ordinary individuals like the rest of us who chose to learn something that many of us do not. What makes them tick in the bitcoin cash community is the secret they know.

A thorough web search of famous BCH elites indicates a common pattern of acts or behavior among them. They follow a set of actions that the majority of us would never attempt. They know something that has inspired them to act on their convictions, and that item or things are somethings we don't know that I think we need to know.

I spent some time online digging into something done by some BCH elites to see what they know, and this is what I discovered.

1. The courage to believe in a crazy concept

On January 9, 2009, an anonymous publisher released a document called White Paper, a document explaining the use and operation of digital money called Bitcoin. The world considered it to be a crazy concept that would soon disappear and certainly seem to be. How can digital money be used and have real-world value? Many asked. But only a few dared to believe in this absurd and insane idea being promoted by a mysterious being called Satoshi Nakamoto. These people who were considered crazy are the ones who are celebrated in the bitcoin cash community and the Crypto space in general.

According to Mack DeMesel, he was considered insane by investing $10 in Bitcoin while the price was still cheap and inexpensive. Ten years after, he had his investment 10x. Many of his friends according to him, laughed at him and called him crazy for believing in another crazy man's idea. But today we can see his success story in the bitcoin cash community and the Crypto space at large.

I also see this idea as crazy some years ago when a friend of mine told me he was buying Bitcoin for $50. Today that my friend is still living on his Bitcoin investment.

2. They know the importance of patience and time

Those who understand cryptocurrency know that patience and time are what bring about the increase in the value of cryptocurrency. Why are so many of us jumping from one platform to another looking for a place where we can lay hands on a few coins and exchange them for Fiat for fear of falling in price? Those who know, sit quietly watching their BCH and other cryptocurrencies rise in their wallets.

They know that success or gain in cryptocurrency is not much about trading but about holding for the long term. The longer you hodl, the higher its value will be. If you look at the statement in the paragraph above, you will see the importance of patience and time. After ten years of holding, $10 worth of Bitcoin turned into $100. You can imagine if you had 1 BCH for such a time how much it value will be.

3. They know BCH is money

Those who know understand that BCH is not just a digital asset but a real currency that can be used the same way as the dollar and other currencies in the world. BCH savings is the same as saving money, they have the bulk of their money in cryptocurrencies portfolios. The exchange of Fiat money to BCH is the same for them as exchanging local currency for dollars. And they understand the effects of inflation on Fiat currency so invest a large portion of their money in cryptocurrency to save and increase its value over time. For them, the best way to save money is to keep it in cryptocurrency like BCH. The $20 saved today may not be worth the value tomorrow, but with BCH it has a chance to triple its value.

4. They know that when more people use BCH the market cap rises and the less volatile it becomes

Sometimes I wonder why people like to donate a large amount of BCH or tips to others. Something like the numerous flipstarter campaigns. But now I know why they do it. They know that, if people do not open a new BCH wallet, if more people do not use it or use it directly to access goods and services BCH suffers greatly. The only way to keep going up is to encourage more people to use it by giving them some for free. In that sense, everyone is a winner. Sending a BCH to a friend means they must have a BCH wallet and they must use it. The more demand for BCH, the higher its value.

5. They believe BCH is the benefit the world needs

Those who know understand that there is no better money or payment system than BCH and that it is the best thing the world needs. Are you thinking of sending money to someone in other countries with ease and less cost? BCH solves the problem. The elites know this so they make the most of their payment in BCH and encourage others to do the same. And we know the use of money gives money value.

Bottom line

Now you understand why the Bitcoin Cash community is full of generous individuals who love supporting BCH-related projects with huge donations in BCH. As you will find out if you follow the community and even take the time to watch their videos, they are doing so because they know that Bitcoin Cash is the future of cryptocurrency.

The people who know cryptocurrency, understand that the growth of the community is all part of what will make BCH better. All success, even the success of its opponents, will result in the world being better.