@Trisha 4 August 2020 edited

My Thoughts On BCH

Hello everyone today I'm going to discuss with you about BCH. @Arnavaria arrange a contest on BCH writing. What is BCH? The full meaning of BCH is Bitcoin Cash. **What does Bitcoin cash mean?** **Bitcoin cash** is a **cryptocurrency** created in August 2017, from fork of **Bitcoin**. **Bitcoin Cash** increases the size of blocks, allowing more transactions to be processed.**T**he most significant changes from Bitcoin to Bitcoin Cash is the size of the coin. Does Bitcoin cash make u rich? Depends on your investment and level after which **you** consider one to be very **rich**. To gain substantial profit from **bitcoins** investment, invest considerable amount and then leave it for many months and **let** the price increase, after around 5 to 7 years **you**'ll definitely **get** many times of your investment. How do u get Bitcoin Cash? There are several easy ways to get Bitcoin Cash.If you have a Bitcoinwallet balance from before August 1 2017 you can recover a corresponding amount of BCH from within your wallet.If you don't have Bitcoin from before the fork, you can turn your BTC into BCH with ShapeShift integration. https://support.bitpay.com/hc/en-us/articles/115005019583-How-Can-I-Recover-Bitcoin-Cash-BCH-from-My-Wallet- https://support.bitpay.com/hc/en-us/articles/360000254046-How-to-use-ShapeShift-with-the-BitPay-Wallet If you don't have the BitPay or Copay Wallet, you can purchase BCH on an exchange like Coinbase and then send it to a BCH wallet. Check out our video showing how to do that with BTC. The process is similar with BCH. Where can I use Bitcoin Cash? You can use Bitcoin Cash for payments with BitPay's consumer products, and you can use Bitcoin Cash to pay for things with most BitPay merchants. Is BCH a good investment? Bitcoin Cash has a much larger block transaction limit size than the original Bitcoin, and it is able to process many more transactions per second as well. Investing in BCH in the long-term is still a good option, though, because typically, **BCH** price follows BTC price. What will Bitcoin cash be worth in 2020? According to the forecast, **Bitcoin Cash will** reach $181 at the end of 2019. At the beginning of **2020**, BCH **will** be about $200 and by the end of the year, the price **will** be about $256. In January 2021, **Bitcoin Cash** is expected to cost about $260 and by the end of 2021, it **will be** $380. Can you lose money on Bitcoin? There's no physical **money** attached to a **cryptocurrency**, so there are no coins or notes, only a digital record of the transaction. ... So, **if you**'re looking to buy or invest in **Bitcoin** or other types of **cryptocurrency**, **you**'ll have limited legal protection and a high risk of **losing** some or all of your capital. Thanks for reading my post and supporting me.