Bearish Market Waving again

BCH prices are so low because we all know strongly well. Due to the fall in the price of the stock market and the sanctions imposed by different countries, the price has usually come down a lot. Cryptocurrency forecasts suggest that BCH prices may fall further in the near future. Because it would take another 5 to 7 years or more to recover the world market and stock market. Banning cryptocurrency in China was a big reason for BCH to be dumped.

As far as I understand after watching the BCH Forecast, the probability of the price going below 76$ is about 70-80 percent for sure. No matter how much the block size and hash rate increases, the price will not increase much because the merchants adoption is not going on properly. On the contrary, there are a number of maximalists who are seeing the price go down further. I watched at least three to four videos of the sinking BCH and they all said there were no signs of a price increase in the next three weeks.

The reason why maximalists are fearing price reduction is still being given to BTC's fork. There is no saying that honesty will be destroyed with dishonesty, based on this saying, the price of BCH is going down. This is the consequence of being under something. BTC is currently a major token but the current market price is not increasing as much. Btc's merchants adoption is the highest. Even a plane ticket can be rented with a BTC.

In that case BCH is far behind. If the price of tokens goes up, maybe something bigger can be done. But it is impossible to increase the price of BCH and cross BTC. Because there is a saying that a son can never be bigger than a father. Dominantly Hash rate, low fees, fast transactions, but BTC will always be on top. Bch was first launched on August 1, 2017. At that time it was only 800 $ .. Honestly, according to the price is much lower right now.

I currently have 4 bch. Of these, 3.5 have been invested in various types of NFT Smart BCH projects. I hope I can easily earn a lot of money from those projects. Even though I have invested a very small amount of money, it is still my resource. So in the days to come I will try to sell the NFTs slowly and make my own pocket heavier.

Bearish market is not my choice at all. But I'm still supporting myself because I'm connected to something. I am investing more to support SmartBCH. Honestly, I had no plans to invest. Still trying to promote every BCH project. If you keep posting on social media like me then maybe whale investors will take the whole BCH project one step further.

Many may not be able to meet their own needs due to lower Bch prices. But I think if the price goes down further then I will buy some BCH with my fiat money. There is no doubt that the price of BCH will skyrocket for a while. Collect and keep your BCH so that you can sell it at a much higher price in the future. Because there will be a time when handcash will rise in the world.

Try to enjoy the bearish market. Although BCH's ROI is much higher, the Bearish market is consuming more and more. Lastly, just remember that your savings or Hodl can be the biggest life-changing decision. Hold on without checking the price of BCH. Bch went from 78$ to ০ 4,000$. And now the price is 120$, and we can understand at what stage the price of BCH may increase in the future.

Making BCH wrong can never be a wrong decision. Rather you are constantly selling BCH that will be your biggest mistake in the future. Be patient and hopefully the market will recover soon.