BCH. A sensible investment

I hear and read from the specialists that when cryptocurrencies fall, especially Bitcoin, you have to have diamond hands.

Of course, in my case, I use the real Bitcoin, and in that sense, it shouldn't hurt to spend it, even in bearish times. In the end, BCH is to be used as money and not as a store of value.

However, I am honest with you; Seeing the bump in my wallet where I receive tips from read.cash was not very funny.

Don't get me wrong, if you think you see greed in my feelings. Yesterday, I changed BCH 0.1 on Binance to buy food after a slight rally in the price.

So spending 0.1 as 1 BCH is not a problem when spending means an investment. You will agree with me that buying food is not an expense. Without eating, what is the use of having a million BCH?

What bothers me is having to convert it to another currency, and I think with good reason.

It is not about accumulating enough Bitcoin Cash, now undervalued, waiting for the market to make the correction and take it to the moon.

I will not lie to you. If it happens, many will be happy, and I would like to have enough BCH to ease the pressures my family now faces.

What bothers me is knowing of the shameless manipulation of the market to shift wealth to greedy whales.

So when they force you to invest in yourself and your family, you also contribute to their purpose.

Sure, I understand that market volatility is an unintended consequence of the monetary system transition process.

Furthermore, there are so many variables involved that they are beyond your control. Like for example, your own economic reality.

Please put the self-help tips aside. They do a lot of harm when they tell you, be positive; you are the owner of your destiny.

Imagine being a passenger in the final moments of the Titanic. You are very positive at the moment of collision with the iceberg; you were sleeping in the furthest cabin. When you wake up, you run towards the lifeboats to realize that the priority is the women and the children, and you, you are a mature man. It seems that the die is cast.

Image by S. Hermann & F. Richter on Pixabay 

The example may seem somewhat extreme to you. I imagine life as an ocean in which you and I, ship believing that we will never be shipwrecked.

In this sense, in the world of cryptocurrencies, we are parties to a process in which the outlook is murky and demands to be alert to how we handle each coin.

Now you understand my annoyance when I changed the BCH to my country's fiat currency.

Well, a necessary annoyance, since who can be safe with an empty belly?

In conclusion, investing your BCH in food should not hurt. Nor in any other area that meets the primary needs.

The Stoics advocated frugality in lifestyle. A philosophy that I find fascinating and utile at all times.

Of course, everyone does with his life what he wants. Which does not mean that it is best if there are deficiencies or excesses. They say that extremes meet, and not for the better.

So, if you choose to spend your Bitcoin Cash on unnecessary things or extravagances, you will be frankly ill.

What I want to tell you is don't waste your hard-earned money. Try to invest it wisely, with scarcity criteria.

Bitcoin Cash, like the years ahead of you, is not infinite.

Yes, maybe now I'm exaggerating. Or not?

Of course, BCH is in short supply. If you didn't know, only will mint 21 million.

How many years do you have ahead?

God only knows! So don't waste your life.

Just in case you haven't read about the relationship between money and life energy. You should know that to the extent that you maximize the value of your exchange shares, the better the quality of your life will be.

Close Thoughts

It is daring to tell you when and where to spend your money. And in this case, your precious Bitcoin Cash.

Money has always been a cause for controversy and a motive for man's lowest passions.

Well, in the last saying, there is an intrinsic trap.

You're smart too!

You got it right. Yes, the current money was never yours!

Perhaps, the only money yours is the one registered in the blockchain. As unusual as it may seem, no one but you can use it at your discretion.

Do understand why so much manipulation in the market; Spreading fear for weak hands.

Ask yourself, where will the BCH you sell out of fear stop?

Don't be silly, don't give away your BCH. Even if you have to invest in food, try as much as possible to be as restrained as possible. Frugal, without becoming Spartan.

Invest your BCH in encouraging merchants to adopt it massively.

Your money should flow directly to the nearest supply chain, creating awareness of the potential of Bitcoin Cash.

At least, I think this is a way to fight for the lost emancipation behind the current system.

Thinking like that alleviates anger against greed in the marketplace; Nor will I lie to you that I would not like to do something about it.

I think the course is easy to discern, but the road will be tortuous.

An original article by @Jnavedan

Cover image by Gerd Altmann on Pixabay