If you're looking to invest in Bitcoin Cash, it's important to remember that Bitcoin Cash is a currency. This means it doesn't act like a stock or bond. Instead of buying shares of Bitcoin Cash, you are swapping your currency for Bitcoin Cash currency.
For example, $1 USD is equal to about $4,329 in Bitcoin Cash today. The goal is for the value of Bitcoin Cash to rise, in which case, you could exchange your coins back to dollars (from someone willing to do the exchange).
So, where can you do this? Sadly, you can't invest in Bitcoin Cash at your stock broker. Instead, you need a digital wallet. The best digital wallet we've found for US Citizens is Coinbase. Coinbase allows you to buy and sell Bitcoin, Bitcoin Cash, Ethereum, and Litecoin all in their app.
Since Coinbase is also a digital wallet, you can use your wallet to buy, sell, send, and receive Bitcoin Cash as well (for example, using Bitcoin Cash to pay for goods or services online).
Another option to invest in Bitcoin Cash includes eToro, which is a full service brokerage that also allows cryptocurrency investment.
Final Thoughts
Bitcoin Cash is one of the newest cryptocurrency choices available to consumers. While it's new, it's based on bitcoin, which is one of the oldest. However, it's become popular because it's suddenly become easy to access - so keep that in mind. This is also the case with Ripple - it's not easy to access, but as that changes, you might see an explosion in popularity.
If you're thinking about investing in Bitcoin Cash, remember, there is an incredibly high degree of risk involved. The only way you "make money" is if the price goes up - meaning other people are willing to buy it from you. This isn't an asset, but more of a gamble on price.
