The Best Time To Buy Bitcoin Cash!

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

Copyright Disclaimer:
Images or material published in this content, is used for entertainment and educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are, or represent, the copyright owner of images used in this article, and have an issue with the use of said material, please notify me.

Follow me:

● ReadCash ● NoiseCash  ● Medium ● Hive ● Steemit   ●Vocal ● Minds ● Twitter ● LinkedIn ●Reddit ● email

Don't forget to Subscribe and Like if you enjoyed this article!