2022 the year of BCH
Date: 7th January 2022
Hello Everyone, I hope you are all doing well and considering the current market situation. It is actually kind of funny when you think about it, there were so many predictions that Bitcoin would be going to 100k in 2022, and some individuals even went as far as calling 2022 “The Year of Crypto/Bitcoin.”
The funny part is that some of these people are creating so many crypto/Bitcoin memes, and it seems comforting because no one seems to be going crazy about the market crash.
Instead, they are making fun of it and even planning other ways to get their money back.
As I have written in my previous article, change happens every time, and we may never be prepared for it when it happens, all we have to do is find a way to adapt to the changes we see in our lives, and when you can do this, you will improve significantly.
In a way, this crash was good/bad, and I have seen many happy faces due to the fall of BCH; this fall in price has allowed quite a sum of people to enter into BCH, and some individuals that I know have acquired 4BCH because the price is low now.
I won’t say the crash happened because so many people have lost a lot of money, especially those in Bitcoin. After all, many people were expecting it to go to the moon, but now it has gone down to the depths of the earth, and I can’t even begin to imagine the amounts of money that people may have lost these past few days, crypto genuinely is a crazy world.
I can remember my first crypto mentor, and the words he said during his video were, “Crypto can make you a millionaire, or leave you under a bridge; it isn’t a world for the faint-hearted.”
At first, I didn’t understand what he meant by this, but after all the crashes I have witnessed and the amount of money lost, I have begun to understand that you have to set up two types of money in your trading life.
You need to have the money you are unwilling to lose and money set apart for trading.
I would always suggest never to use all your money to trade primarily in cryptocurrencies because if you do this, you may regret the decision and end up not having any money left to live your everyday life.
The goal of trading/swapping cryptocurrencies is to get more money.
That is why it is essential always to secure your money in all situations and never buy a losing token on purpose; always investigate what you are getting into before buying.
A crypto market is a place where you can earn a lot of money, but you need to be careful about what you get yourself into, and when you find an excellent token to buy, exercise patience and wait for it to grow more before withdrawing your profits.
I have noticed that people trade cryptocurrencies to get money quickly, and when they get a little bit of profit, they immediately withdraw all their money, and when the price goes up, you would see them getting sad because they couldn’t take profit.
We should all understand that we shouldn’t trade for the present, but trade for the future because that is when you are going to need it the most.
Invest in a good token/crypto that you believe would become a bigshot in the future like BCH, and be patient because you wouldn’t be able to reap the rewards quickly.
Instead, focus on the future profits because that is where your reward lies.
Imagine buying Bitcoin in the past; that same image should be in your mind as you invest in BCH.
I am sure in the future, this token will be able to surpass its predecessor and become the world’s currency, and everyone will be able to use it anywhere and anytime to purchase whatever they want.
Even if 2022 has a bad start for BCH, I am sure 2022 is still the year of BCH/Crypto in general, and sooner or later, we are going to see BCH reach a significant high than it has ever been before, we only have to be patient with it, and don’t lose faith.
If you have the money and you are willing to take a bit of risk, I am sure you may have already bought the dip. Have a bit of patience, and I am sure you will be rewarded.
2022, THE YEAR OF BCH!
Thank you for reading!
I certainly do hope that this year is the year of BCH. :)