The decline in the price of BCH is an interesting opportunity to invest.

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3 years ago

The decline in the price of BCH is an interesting opportunity to invest. There is no doubt that the profit margins of BCH (Bitcoin Cash) will increase a lot in the future.

And although today they represent a scarce incentive for those who publish content and earn BCH, they represent, instead, an important investment alternative for those who want to buy one of the most securely profitable cryptocurrencies in the future.

But put like that, in a nutshell, it looks like paid propaganda to promote BCH. And it is not like that. I base myself on the facts.

To foresee the future nothing better than observing the past.

And if to illustrate a post there is nothing better than an image (remember the proverb "an image is worth more than 1,000 words"), to illustrate an article dedicated to cryptocurrencies there is nothing better than a graphic.

And I turn to them to explain my optimistic position regarding BCH.

For a long-term comparison I'm going to use CoinmarketCap's statistics, although I could use Coingecko's or any other specialized page without altering the substance of the post.

BCH value as of 12/31/2017

Interannual variation: December 31, 2017 / December 31, 2018 = (2,710,38 / 157,67) - 1 * 100 = - 1619.02%

BCH value as of 12/31/2018

Interannual variation: December 31, 2018 / December 31, 2019 = (157,67 / 204,36) - 1 * 100 = + 22,84%

BCH value as of 12/31/2019

Interannual variation: December 31, 2019 / December 31, 2020 = (342,81 / 157.67) - 1 * 100 = -+ 32,95%

BCH value as of 12/31/2020

2021 variation: January 01, 2021 / January 25, 2021 = (342,81 / 500,39) - 1 * 100 = -+ 31,49%

BCH value as of 02/25/2021

If we compare the current value in net recovery compared to the beginning of 2021 with the highest peak reached at the end of 2017 we will have:

December 31, 2017 / January 25, 2021 = (2.710,38 / 500,39) - 1 * 100 = -+ 441,65%

that represents the spread or difference between both values (maximum and current) of the BCH.

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Avatar for HugoR
Written by
3 years ago

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