read.cash: 5 Facts to know about Bitcoin cash (BCH).

2 39
Avatar for alberdioni8406
4 years ago

I'm really thankful for my journey into the read.cash community and, pursuing more knowledge and experience with the BCH asset, I started my own ambassador agency to find more interested members to join our marvelous community, of course thru my affiliate link😉.

Well, the approaching to potential candidates started with my neighbor, that is one, in my poorest knowledge community about crypto and BCH, who showed some interest, and has median knowledge only in BTC.

But first of all he asked, "why I should invest in BCH?"

I told him, that I wasn't able to tell "why he should invest in..." but, I could give some factors that he must consider, whenever he decides to invest in BCH!

5 factors you should know about Bitcoin Cash (BCH).

All this factors are in direct connection with Bitcoin (BTC).*

  1. Bitcoin Cash (BCH) was created from a hard fork of Bitcoin and expected to have faster reactions to transactions and the Bitcoin Cash (BCH) fork occurred at block 478,559.

  1. Despite its reasons for creation and origins, the Bitcoin Cash (BCH) coin is considered an altcoin for now and It's not Bitcoin, has no direct connection to Bitcoin’s value.

  2. Having said that, Bitcoin Cash is its own currency and is useful in that it functions just as Bitcoin does only faster due to the increase in its block size.

  3. When the hard fork occurred, the coin held no value at all and investors were able to gain ‘free coins’ (this also,was my first contact with BCH), from the split of Bitcoin. As in this case Bitcoin Cash (BCH) saw major changes in the market and managed to secure their place in the 'leaders from market' listing by market cap in November 2017.

  4. Investors have "speculated" that Bitcoin Cash (BCH) was created only because high fees and slow transactions would destroy Bitcoin, and not because Bitcoin was reaching its maximum output of blocks.

Well, there are more factors and reasons to teach Him, but I believe that, one step daily, so he could assimilate and digest all the information he had today.

I need him as a part of the read.cash community and I will teach, and learn more to reach that goal!

2
$ 0.50
$ 0.50 from @Read.Cash
Sponsors of alberdioni8406
empty
Avatar for alberdioni8406
4 years ago

Comments

Here's a link that might be useful for him if he's not really a crypto fan (hardforks, altcoins, etc...): https://read.cash/@Read.Cash/explanation-of-bitcoin-cash-for-normal-people-0e84fa10 you can click the "share" buttons at the bottom to get your affiliate link.

$ 0.00
4 years ago

Thanks that will be a very helpful tool to him and me👌😀

$ 0.00
4 years ago