BCH – illusion or reality?
Oct 6, 2022
We live too long for something that may never happen again: to see the BCH in your ATH again. To think that one-day BCH will reach more than $1,000 USDT is to dream big. I think we are dreamers here because we all want the same thing. But one thing is to dream and another is the sad reality, which we have been seeing for a long time: The BCH does nothing but goes down and down at an unbridled rate. When the BTC rises again to high levels, even to exceed its ATH, the BCH does not follow it, it stays on the floor, and this story repeats itself over and over again. We all see this, right?
Why is BCH not going up?
This theory is classical. In the end, everyone is interested in money, that is a reality: The USD. Traders only think about making USD, whether they have BTC or another crypto, they always think about making USD. They close their trades and make day traders and end up in USD. The BCH can have a very good global acceptance, this is real. In addition, the effort and commitment that many put into making this improve on a daily basis are enormous, but unfortunately, it is not enough for this reason that I am telling you.
Will BCH go up without looking at BTC?
This is the big question and it is extremely difficult to imagine that it will ever do so, unless at considerable levels. Who would be willing to buy a currency that has lost more than 90%?
That when looking at your chart you only see a red line that has been falling for months. Dreamers like us would certainly do it, but I think there are few of us. The vast majority on the internet hate BCH for all this and consider it a mistake, something that should never have existed. But the community is good, and it doesn't go down so easily. Try to maintain the price as much as possible, but sometimes it is difficult and ends up falling more than necessary.
Hopes, are there any?
There is always hope since this is the last thing that is lost. Perhaps in a few years, we will see BCH shine again and reach its ATH, even without BTC reaching its all-time highs. How beautiful would this be, right? I firmly believe that this will be the case in the not-too-distant future and that BCH will be a P2P payment currency that we all use, and that its price is consistent with its quality.
For now, doing HOLD, and accumulating as many BCH as possible. That is the strategy. Let's keep calm, at some point we will go to Infinity and beyond.
See you tomorrow.
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There is always a hope about BCH, we might didn't see it for now but sooner or later we can see how high it will pump