50/50

May 24, 5. No. 253

It is painful to see how everything goes red and that the BCH suffers much more with respect to the BTC. Actually, it is a feeling that has no comparison with anything. Looking at the chart and seeing how it sinks on a daily basis is very difficult for everyone. What if BTC goes back to $20,000 or even $10,000 USD? The BCH would be below $100. This would break our hearts.

We have been struggling in this hostile market and where there is no light at the end of the tunnel. Many charts and many traders share price theories and predictions, but the reality is that nobody knows for sure where we are going. Supply and demand seem to pay no attention to anything or anyone. It doesn't matter anymore if you looked at a chart that said the price would go up or down based on resistance or support because it will simply do what you least expect.

If we take into account that the decision is simple and has two edges, up or down, then you can say that you are playing with a %50 probability of accepting or missing your choice.

These are difficult times, that are super clear for everyone. When BTC was over $60,000 everything was easier. Even so, BCH did not exceed $800 USD, which makes us all wonder if it will ever do so again. I love BCH and everything it stands for, but no one in front of me takes objectivity away from me. I like mathematics and probabilities, they are in me, so it makes me think about everything I see, and what I see is that it is slowly falling much more than any other crypto.

If we look at comments on the internet, everyone has too much hate for BCH unfortunately. Some make reference to the fact that if BTC continues to fall, even more, BCH will never be able to recover, and I don't blame them, since they are looking at the same graph as all of us. Also, if they are the ones who have to buy BCH to increase its value and they are thinking that way, we are done.

My friends think that this currency is not advancing and is only going backward. For now, I can't blame them, I hope one day I can.

Perhaps in 2030, we will all be celebrating the joy that BCH finally took off and found the strength that it really deserves to have. This is finally the payment method that is used by much of the planet. That he found a way to get out of the shadow of BTC and that he has managed to climb to the top of the other cryptos.

It's time to wait for everything to improve, for good.