Swapping your BCH to any other currency is a mistake!

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Written by
3 years ago
Topics: Bitcoin Cash

Having any significant amount in your possession from the currently circulating number of BCH which is around 18.5 million, is a great deal of opportunity and you should be proud and hold on tight to it.

Have you noticed how fairly well BCH has been doing in the market since the past few days? At the time of writing this, BCH is priced above $700 Which keeps it dancing in the green zone and I don't think it's going down anytime soon. Even if it does, it would bounce back in no time. This has always been the feature of BCH in the market.

This is the time when someone maybe thinking of swapping BCH to fiat or other crypto currencies just for quick gain or as exit point. This is like casting a whole lot of opportunity into the pit.

Except for short term trading like; day trading Which involves numerous back and forth swapping of bitcoincash following the turbulence, why should you even swap your BCH to any other currency?

For Long term hodling?

BCH is your best choice for this decision. If you have made up your mind to invest into crypto currencies for Long term, then I would advise you consider BCH. If you already have a reasonable amount of BCH and you are thinking of swapping it to any other crypto currency for long term storage then, I'm telling you right now that, it is a mistake. Bitcoincash has a very high future potential and it takes a wise person with good market analysis to see it.

Why? Because, out of the numerous cryptocurrencies in the market today, BCH is the most undervalued in terms of price. BCH worth a lot more than its current price. If only people recognize the true value of bitcoincash, no other crypto would come close to it.

But the good news is that, more people are beginning to discover why bitcoincash is the best and worth investing into. More people now desire to have BCH included in their portfolio. The adoption of bitcoincash is growing exponentially, so does it's transaction rate. If you already have BCH and you decide to sell it, those that have already seen the future potentials would hurriedly buy it from you. You might have seen the green and thought it is the best time to sell but it's not actually. This is the time to buy more BCH because, better days are ahead.

If the trend of massive adoption and increase usage continues, BCH would become very scarce as more More people would want to own it. You don't need me to tell you the influence of asset scarcity on it's Market Price. More investors would be willing to pay high price just to obtain BCH. They would continue to dump other crypto assets in their possession for BCH.

Now, tell me what would be your fate. You that easily acquired BCH when it was undervalued with ridiculously low price but decided to swap it to the the Big guys in the market. You are definitely going to regret. But the time to escape such avoidable regret is now.

This prediction about BCH taking over and other big cryptos possibly crashing is very feasible and not just to lure anyone into BCH investment. Bitcoincash is strongly rooted to the level that, when it starts to bloom and the wind comes, it will remain unshaken. But some of the big cryptos like BTC, blooming in the market now, have no such strong foundations and could crash anytime.

For regular usage?

Why should anyone even think of swapping BCH to fiat or any other crypto to make purchases, pay bills, send money to friends or relatives? Is it that you enjoy paying high fees for transaction, delayed transactions and middle men interrupting your transactions or what? Bitcoincash was created to combat those issues. Bitcoincash was created so you could freely make use of your money. Bitcoincash is made easily available so you don't go back to the bad old days where the banks threaten people over their hard earned money.

Bitcoincash is the best currency you could get to use as anything; be it as cash, as store of value or as acommunication window to the world. Embrace it so, you don't end up regretting!

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Written by
3 years ago
Topics: Bitcoin Cash

Comments

I've known other cryptocurrencies but I love BCH the most. I'm more comfortable with BCH and it's trustworthy. It will be really a mistake if they are going to swap BCH to other cryptos.

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3 years ago

Rightly said, bitcoincash is the most reliable crypto.

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3 years ago

Indeed!

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3 years ago