Would Bitcoin Cash can Survive Bear Season?

8 51

Written by

Trading is My Life..

2 years ago

In community: Club1BCH(4ac4)

Topics: Bitcoin Cash, Cryptocurrency, Crypto

This month we celebrate the 5 years of existence of Bitcoin Cash. Bitcoin Cash is not that old but I can say that Bitcoin Cash has a good future ahead. We are still in the bear season and yet we are not in the middle of the bear season. I read some articles and news that this bear season could last 3 years. It's quite far isn't it?

Bitcoin Cash builders and developers did their best so that BCH could survive this season. NFT Games was down and as we go back last year it was the most popular and number one trend in the world of crypto. Sad to say that their are so many people has been bankrupt because they invested their money in NFT Games without studying and learning how it works. Everytime that we see opportunity we must do our own research and ask to God if that would be a good opportunity and you will be fit on that.

Going on those Bitcoin Cash whales holders and investors. They are also the main reason why BCH is still alive and survive. Bitcoin Cash went to it's lowest Dip this year and it's slowly rising again. I would never expect that BCH will pump this year because as long as we are in the bearish season the value of all tokens in the market will still be low. Better to do spot trading, buying and selling your BCH in the market or in the Binance. I prefer to use Bybit because it has a low fee in every transactions you made. Bybit is like Binance but other brand of Binance, they also have P2P or Selling your crypto into fiat.

Sir @MarcDeMesel also one of the people believe in Bitcoin Cash. He is one of the major funder or read cash. Read Cash community also helps Bitcoin Cash ecosystem right now to survive on this bear season. If many people will invest in Bitcoin Cash then greater possible that BCH will boom and progress in the future. We noticed that the robot minimized the distribution of rewards it's mainly because the value of BCH was low. It would be still the same amount of BCH rewards we get on our articles but the value is low. If BCH will rise up to $400 again, then maybe we didn't know robot distribution will be the same again.

Bitcoin Cash has a strong foundation and I believed Bitcoin Cash will survive this Bear Season. It's like we are also in pandemic but in the CryptoSpace situation. Bitcoin Cash will rise up again!