It's bear season but, Bitcoin Cash Utility won't die!
The market is in 'red' mode where it is for many a cause of concern and a certain tendency to have a heart attack to see the portfolio dwindle in the wallet, but it is also a time where those who believe in the crypto ecosystem take the opportunity to increase the stash of coin, the ones who want to hold on for a long time. One of the things that is clear from the start, is that cryptocurrencies that have utility like Bitcoin Cash will have a bear market also, but unlike other currencies they will continue to have great adoption as merchants and users will use the currency to make payments for goods and services where merchants will take advantage of the period to increase their 'bag' even more and wait for the Bull market days.
Bitcoin Cash is increasingly dominant in terms of adoption where the clear example of metrics is the map.bitcoin.com website which records an increasing number of locations worldwide where merchants, vendors accept the currency in exchange for their products and for payment of their services. Adoption is also growing in places like Saint Kitts and Nevis, Barbados, St Maarten and a large number of islands in the Caribbean and beyond!
In South Florida , Australia in Bitcoin Cash City or even in Mumbai, the use of Bitcoin Cash to make payments is at an enviable level compared to any other type of cryptocurrency, as much of the usefulness comes down to using Bitcoin Cash to purchase goods that are really part of people's daily lives. In these parts of the world where adoption is taking place, Bitcoin Cash is used daily for purposes that matter to people, it can be used to buy small things, such as purchasing a cup of coffee and not only, it can also be used to purchase fuel, pay for a groceries and many more!
The use of Bitcoin Cash to raise products that are part of people's daily lives is more than enough reason for increasing adoption in many places of the world. As an example of this, we can see that establishments that accept Bitcoin Cash as payment, for example, in Saint Kitts and Nevis are increasing! Today, all those arriving at the international airport can see a large banner that indicates that people can spend their money on Bitcoin Cash anywhere in the territory, saving time and providing more security in the transactions they carry out.
In South Florida, in the United States of America, it is now possible to refuel vehicles at most gas stations paying very low on transaction fees, streamlining the process and ensuring that Bitcoin Cash is useful even when it comes to filling the car's tank. In Mumbai, Bitcoin Cash's usefulness goes beyond buying consumer goods but it can also be used to pay for taxis, ensuring that anyone who has Bitcoin Cash can have a ride and in the end pay using the currency.
The usefulness of Bitcoin Cash continues, and in Australia , Bitcoin Cash City itself can pay for almost anything using the currency, from a simple coffee to having a helicopter ride all paid for using Bitcoin Cash. In Bitcoin Cash City practically everything can be acquired using Bitcoin Cash, being one of the cities in the world where it is possible to live entirely on Bitcoin Cash!
It is necessary to realize that the utility that Bitcoin Cash has will not die because of the bear market, on the contrary, merchants will accept the currency because they realize the ability of the currency to save payment charges, those charged by banks on debit cards, such as the ease that Bitcoin Cash provides to users that, in addition to saving time and being quite safe, also allows them to stop worrying about carrying physical money whenever they want to make payments.
But, it is also necessary to keep in mind that in the bear market the purchasing power of Bitcoin Cash reduces with the decrease in value in terms of the dollar, but it also gives the possibility to increase the stash of Bitcoin Cash for those who truly believe in peer-to-peer electronic cash payment! The bear market is part of the crypto market as well as the bull market, and those who have the ability to endure the period in the end will be the winners.
Therefore, for those who want to make more use of the Bitcoin Cash insured by them, it is necessary to consider the following:
Do not act with emotion in this bear period
Don't compulsively checking the portfolio
Avoid consulting websites dedicated to the price of cryptocurrencies at all times
Avoid making dubious investments in this period with the intention of earning more in this period as you run the risk of losing the entire amount invested
Avoid following social networks that only talk about the crypto market in this period.
Instead, take the time to pay more attention to mental health by having fun with family and friends also have more social interactions, take out-of-town trips and visit the countryside outside of everything that might remind you of the crypto market right now, remember that life it's beautiful and we should enjoy it with those who make us happy, because soon the bull market will come and won't have time to be there with family and friends.
In short, Bitcoin Cash has utility as a decentralized digital money that can be used anywhere in the world where merchants and ordinary people accept it as a form of payment. The currency is having exponential adoption in various parts of the world like the Caribbean, south florida, Mumbai, Australia and many more parts of the world because people have discovered that it can be used to acquire goods that really matter in people's lives.
It may even be bear season, but the usefulness of Bitcoin Cash will not die, as it is useful in the acquisition of goods and services.
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BCH will win!