The great bad crypto times are here and some disappointing comments about the BCH
The crypto market has continued on its ever growing reddish moments that have caused a lot of great concern for both their holders and investors alike but what is undeniably true of it all is that the crypto system was well built with respect to these uncertain market behaviors that seem to from time to time plunge many into some very confusing moments as regards why we've all come to have such bad times lingering even for a longer period of time.
Moreover, these very bad market behaviors remains very much unexplained given the fact that no crypto is left out of these entire mess of a constant downward slope to zero in their prices irrespective of the high rate of a worldwide recognition that even some household names like the Btc, bch,bnb,solano, etc command.
The answer to the above bad market behaviors remains an absolute wonderment especially in this current world situation that is capitalized by too many political, economic and nature unrests that have combined all efforts while acting as bad actors in seeing an almost zero interests and lesser meaning in the cryptos which have serious affected the all expected huge investments in them.
Comments as regards these bad market behaviors of the cryptos ha e brought about a lot of a divided comments and view points regarding its trust and future existence alike of which most of these very comments have at times being very much undiluted with respect to their performance which of course have brought morales of investment down with a returns on investment(ROI) placed at a meagre less than 50% all time low which currently justifies their low times this period.
These very comments of negation have badly affected the BCH even more that even holders and harvesters of it have unfortunately taken to several social media handles rubbishing what they consider a slow performance of the BCH in the meantime and this I tell you would rather hinder its ever expected growth in order to meet with expectancies while what they seem not to remember is the fact that other cryptos of high and low values have been badly hit by these bad times in terms of low prices. Take a look at the chart below to see for yourselves, the very bad performances of BCH and all cryptos alike as I believe this will greatly help in addressing the issues and concerns about the BCH being a finished coin in the first place.
From the above wallet, it can be deduced that the figures we have here in terms of the BCH performance is relatively on a very low scale having lost a whooping -1.74% of its market share to close at a disappointing low of $100.12 per BCH over the last few hours which is also in connection with the current situations of the others like the BTC with a total loss of -0.82% of its market share to close at a disappointing low of $16,574.47 per BTC.
Also in such greater losing capacity are the Solana and the BNB both with a massive losses of a disappointing low of -3.06% and 1.91% of their market shares, to close at a disappointing low of $12.00 and $242.52 per SOL and BNB respectively.
Therefore, with the constant reddish and downward slope of prices of the cryptos, it would rather be an unwise statement to say it is a finished time for the BCH given the market situations where other top and lower tokens or coins are heavily affected as well.
For sure, we can always hope for the better and best crypto times where all hopes of earning a living while trading and investing in cryptos especially the BCH word never be dashed to pieces as indicated by the chart above where the negative impact and slope of the BCH can be seen from the last day down to this present moment where we find ourselves of a sorry $100.42 haven started off from $102.83 after losing $1.38 in values of investors money.
These are unfortunate but realistic crypto times that do call for enough patience and positivism over its market behaviours and even a more investment time for main gains when prices do hit the moon some day rather than hit them especially the BCH at all spheres and angles with those disappointing low morale comments that may end up bringing to its kneels.
Image source: A screenshot of my phone's camera.
Great write up