Why I Bought Into BCH — It’s all about Understanding the Ratio Pairings

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Avatar for Liberty4all
3 years ago

I bought BCH at $700 USD ... mainly because the LTC/BCH, BTC/BCH and ETH/BCH “all time” charts made it obvious the ratio on all three is going to correct violently causing a massive surge in the fiat value of BCH.

You can see this for yourself:

  1. Go to coinmarket cap, set charts to “All Time”

  2. Set your crypto in options to LTC then look at BCH chart priced in LTC LTC/BCH — Saturday Feb. 13th 2021 was close to historic lows for how few LTC’s buys 1 BCH at around 2.8 LTC = 1 BCH (has moved up to 3.13 as of Feb 17th, still super low). The average price on the chart shows is way higher. During bull runs 10 - 16 LTC = 1 BCH

  3. Reset Crypto in options to BCH

BCH/ETH - At a historic high for how much BCH it costs to buy ETH. 2.5 BCH = 1 ETH on the charts. Average historical price around 0.7 BCH = 1 ETH

BCH/BTC - At a historic high for how much BCH it costs to buy BTC. 67 BCH = 1 BTC. Average historical price under 40 BCH = 1 BTC When these sky high ratios correct, the fiat price of BCH should quickly rise.

I’ve been trading off crypto pairs for awhile now and learned the magic of understanding ratios. What you come to understand is that Historical ratio averages on crypto pairs rarely lies unless you buy into “it’s a new paradigm” garbage.

BCH fiat value is about to explode upwards IMHO.

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