I need your opinion great minds🙇 — @Fexonice1 on read.cash

@Fexonice1 8 June 2021 more from that month

I need your opinion great minds🙇 Someone said BCH or any other cryptocurrencies are only good at the time of recieving it, saving it is only a gamble🙆 What is your opinion about this?🙋 #BitcoinCash

+KT
+BCH

2 comments

@PanteraOnNoiseApp 8 June 2021

The culture of BitcoinCash is about spending and replenishing. It is a move away from the fiat economy and have no "hodl" mentality which is only justified when someone wants to push price upwards. As investors we see the opportunity and buy and hold, but also we try to spend Bitcoin cash as this is its purpose. What these guys mean, is that Bitcoin Cash has a purpose to serve as cash. Investing has risk, however the odds are great for BCH as an asset too. Gamble was not exactly the proper word when used in this context. Gamble is buying Doge for example, which is pretty useless, has no development for years and just one guy on Twitter hyping it.
- @Fexonice1 8 June 2021
  
  Thank you for this explanation. I think I have been doing myself wrong for promoting the Hodl mentality and I have never had a fear share with increment in BCH value. I think I have a change of mind or adjust my Hodling plan.