The Best Time To Buy Bitcoin Cash!

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2 years ago

Experts were screaming bear market, but it seems crypto is on the rise again. Fiat is not serving the public anymore if anyone wonders the reason.

Any time buying Bitcoin Cash using fiat is the best time. The transition into a parallel economy that serves the people is based on Bitcoin Cash.

Perhaps the best time to enter Bitcoin Cash is right now. In case you didn't notice, BCH is already up 50% from the January lows.

2021 was a rollercoaster for BCH investors, with a peak at 600% the yearly low and a retrace back to where the price started. Multiple factors contributed to the price rise of BCH in 2021, and perhaps some of the long-term threats could be re-examined and approached under a different strategy since, ultimately, Bitcoin Cash has great odds to achieve a 10x of the current price.

Definitely, Bitcoin Cash contains plenty of remarkable initiatives and sub-communities that promote the brand and expand the userbase, focused on merchant adoption.

Eventually, good news spread from the adoption front, enhancing the image of Bitcoin Cash and presenting its use-case, utility, and values to the one hundred million newcomers to crypto.

Onboard Everyone!

(map.bitcoin.com)

Bitcoin Cash is slowly realized as a long-term investment with the potential to positively disrupt the payment networks and become a major factor in the rising digital economy.

In case you missed the link, this is Yahoo Finance expressing its bullish sentiment on Bitcoin Cash for the long run. I'm expecting soon, Bitcoin Cash to appear in more credible news containing financial advice.

There is only one way to convince anyone to buy a service or product, and this requires a deep understanding of its utility and features.

You have to be an expert, in terms of pointing out the differences with competition and the added value Bitcoin Cash represents to a business. a merchant, or a consumer.

Some people don't understand money and may need to explain it in detail. One dollar today will only be less tomorrow. The fact it will always be worth less is the fundamental structure of the dollar (and all the rest of fiat currencies). This model of inflationary fiat creates an illusion of wealth for our societies, diminishing the culture of savings, and reducing our purchasing power.

Some will be late in realizing the consequences high inflation brings.

(source)

There are parts of crypto and Bitcoin Cash many often skip to explain, and some still haven't figured out how money works yet.

Inflation is one concept out of many, though.

We can't onboard literally everyone as there will always be part of the population attached to fiat money. The fans of fiat and banking will not eclipse.

Maybe we enjoyed holding and increasing our savings accounts, but 2021 proved this was always a facade. Money is meant to be spent, but savings also allowed us room to maneuver. Still, money saved in a bank today is counterproductive and rapidly decaying with the rising inflation.

Some analysts didn't think inflation was about to climb to significant levels this fast, but we are now getting accustomed to this challenging situation that most of us have never lived before.

Back in the 80s, the West (US, EU, Australia, Canada) was facing such difficulties with fiat currencies, and while the 80s contained a significant positive sentiment with GDP rising in every economy, this decade (2020-2030) didn't start with the best of omens.

With 0-1% inflation, holding money in the bank wasn't dangerous, and in some locations, deflation appeared for a few years.

As the macroeconomic situation stands today, inflation is a danger for everyone. Businesses, merchants, consumers, billions of people are affected or threatened by rising prices.

Back in the 80s inflation was reaching 10% but the banks were less greedy with higher interest rates, making savings profitable.

Inflation today is ravaging our savings and destroying bank deposits with 0% interest rate.

Global production has been reduced since the Covid black swan crash of 2020, and it will probably take another ten years to recover. That, in case the economies re-open immediately. This scenario is the most promising one as finally, politicians realize the dire consequences they brought to the public with a terrible crisis management operation.

In Conclusion

(source)

Bitcoin Cash is the best alternative to the rest forms of money we use today.

There will only be 21 million BCH, this is the fixed limit that ensures the sound money characteristics of Bitcoin Cash.

Bitcoin Cash competes directly with fiat cash and the banking payment networks, presenting high speed, low fees, and reliability. It is an attractive choice for consumers as a payments option instead of fiat money.

The inflation menace is only lately affecting consumers, and probably most are looking into better options and at this stage digesting information on cryptocurrencies.

Bitcoin Cash offers a robust network of payments and delivers sound money for the world.

What doesn't matter to Bitcoin Cash is race, politics, social status, net wealth, background checks, credit scores, etc. Bitcoin Cash is neutral and permissionless. Nobody is excluded from the money of the future.

Literally everyone can break the boundaries of the financial establishment and control their fate with Bitcoin Cash.

Images:

  • Cover Photo by Hans Eiskonen on Unsplash


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Comments

I just found about BCH after joining noise cash, and now I am starting to feel how easy it to use BCH . I am using my fiat to purchase BCH sometimes, I wait till evening for it to drop to$368 so I can purchase that's the lowest its getting to now but a time is coming it wont go that slow again.

$ 0.00
2 years ago

Good job nice article

$ 0.00
2 years ago

This is an additional information for my very simple understanding about bch. Thanks for writing this for us.

$ 0.00
2 years ago

no soy experto, pero cualquier momento para comprar BCH es bueno, actualmente observamos como diariamente llegan nuevos proyectos relacionados al bitcoin cash y con su versatilidad sera de uso frecuente, hasta en países como Venezuela esta siendo muy usada, claro a largo plazo es una buena opción a corto plazo podemos ver cambios constantes en su valor, #BCHFOREVER

$ 0.00
2 years ago

No matter how much energy we put into this, some people will still be obstinate about BCH but that doesn't change anything about the future we are looking at right in front of us...

The fact that BCH adoption is increasing every day is having a positive and expected impact. This is the right time to buy and if not now, when? I hope it isn't too late before people realize it.

$ 0.00
2 years ago

I don't have extra money to buy but I have some hold $FlexUSD in my SmartBCH wallet because sometimes I do buy and sell everytime the market dips and pumps. Hehe I'll just try my luck holding it more for a week and if BCH breaks $400 mark again, then I'll buy BCH again. Hehe

$ 0.05
2 years ago

Good thinking. It seems there is resistance at this level $385-400. Maybe with a new announcement of Bitcoin cash acceptance price will break $400 decisively.

$ 0.00
2 years ago

Highiest current resistance on bitcoin.com is at 395 and lowest support at 372, which is still very safe, if it breaks it highiest support then I i will surely buy right around that mark.

$ 0.00
2 years ago

It looks like it is testing this resistance for a while. Lets see.

$ 0.00
2 years ago

Honestly I love cryptocurrency just because it its just amazing... plus the whole potential around it makes it a really interesting to see what the future holds for this.

$ 0.00
2 years ago

I just found out about BCH after joining NoiseCash, and now I'm starting to feel how easy it is to use BCH. Easy to use and low transaction fees.

$ 0.02
2 years ago