I joined this site when I googled the alternative to steemit/publish0x etc .I'm a newbie at writing articles but not gonna lie,I fell in love with this site as soon as I joined thanks to you BCH community.I really appreciated it.
So,What did I do since then?
I made more researchs about BCH as I wanted to know more .So what I learnt is BCH has faster transfer times. So, I don't have to wait the 10 minutes it takes to verify a Bitcoin transaction. BCH can handle more transactions per second. This means that more people can use BCH at the same time than they can with BTC and cheaper fees.
Yes ,I knew BCH since very long ago especially when I joined crypto in 2018 September November about BCH fork.Yes,I also know the toxic BTC Ogs agenda towards BCH community on twitter etc(Now I found the truth that BCH community is classy and very well Organized).I had to respect the hustle of Roger Ver tho.But I really did not care what anyone said as I'm more of a no coiner who just wanted to squeeze some money by trading.Yes,I'm aware of latest BCH halving that happened in April.
My Thoughts when I decided to buy Bitcoin C ash and be part of the community
I looked for Upcoming Fundamentals/News and Charts of BCH mainly.What I found out is BCH is the only fork underperforming Bitcoin this year.Before anyone tells me that I'm fudding ,pls read fully I'm not fudding at all.
So let me share my charts of BCH
Since the halving,it has been underperformaning BTC ,Currently sitting at All time low zone .Which means if it close below,we will make a new low against BTC...Volume has been declining showing the lack of buying interest on markets.
So yea one could ask me why did I not use USD pair?Alright I will
BCH has marked 500USD as the main resistance ,once in 2019 June and another in 2020 Jan.It will need to breakout above 500 to be in new range .But look at the Straight black arrow,it is where almost every coins in crypto started being bullish (i.e in May).Dont believe me?Here is the chart of total marketcap.Compare the chart of BCH with Totalmarketcap chart.
Here is the Google Trends charts of Cryptocurrency and Bitcoin Cash for past 12 Months
Crytocurrencies searchs on web worldwide are becoming more and more popular while Bitcoin Cash had its peak on April around Halving event.It has continued to decline since then.
Then I rechecked CMC and BCH is still in top 5 ,I dont understand the decline .(or is it just lagging behind?)
Is Bitcoin Cash the Forgotten Old Guard?
Please share ur opinions with me