Why Should I Buy Bitcoin Cash Instead of Bitcoin?

What is Bitcoin Cash?

Bitcoin Cash is one of the bigger and more well-known Bitcoin forks, but it is also not the oldest. Having been created just before Bitcoin reached its all time high of $20,000 at the end of 2017, Bitcoin Cash increased the size of the blocks in the chain in order to allow more transactions to be completed, and at a faster speed.

Bitcoin or Bitcoin Cash?

The total number of Bitcoin that will ever exist is limited to 21 million. Even though there is already over 16 million Bitcoin, it’s going to be a long time until the count of Bitcoin reaches 21 million! This is because every 4 years, the amount of Bitcoin created per block is cut in half. As more people try to get their hands on some Bitcoin and the rate of creation decreases, the common belief is that the value will increase. That is why so many people are crazy about Bitcoin now!

ROI

As mentioned earlier, cryptocurrencies like Bitcoin or Bitcoin Cash derive their value from how much they are adopted, used, and demanded. We can analyze them in terms of ROI (return on investment) and value growth. They are both holders of value, and while Bitcoin has been the holder of the most value up until now, Bitcoin Cash is gaining users and value fast.

BlockChain of Bitcoin Cash

Since its inception, there have been questions surrounding bitcoin’s ability to scale effectively. Transactions involving the digital currency bitcoin are processed, verified, and stored within a digital ledger known as a blockchain. Blockchain is a revolutionary ledger-recording technology. It makes ledgers far more difficult to manipulate because the reality of what has transpired is verified by majority rule, not by an individual actor. Additionally, this network is decentralized; it exists on computers all over the world.

Where to Invest Now Bitcoin Or Bitcoin Cash?

Bitcoin is $55,366.10 United States Dollar per coin, while Bitcoin Cash is only $954.68 United States Dollar per BCH coin. Since they both have the same 21 million coin supply, it is very clear which of the two is the better investment.