BTC is obviously the girl in this meme, she's so good at flirting with all the guys but lol, she's not so smart around these specific kinda guys - The BCH guys! - I wanna be the boyfriend bitch :)
The Crypto market has a definition - a fairy tale land where there's butterflies and flowers, those are good stuff right? But it's second definition is a dungeon where there are dragons and fire obviously. Once again the markets went all red and yes I spotted a lot of panic selling along the line, the thing about Crypto is that HODLing is the best choice, but the project you're bagholding matters.
OK, I had to go back through my discord chats to dig up the shitty text of mine. I've been in a couple of discord channels where there's always a lot of crypto talks, one of which was the all famous BitTorrent hype, WIN hype, Dent hype, Hot hype, and many other shitcoins. Speaking of Hot, that shitcoin is litentry on fire, smoking HOT right now - but no FOMO buying tho!
Of course betting our money on shitcoins is fun, especially when it goes null, then we can all laugh, cry and mock ourselves, lol. Shitcoins make a good gain if you can spot the right ones to collect, but in a long term vision, there are always gold assets wearing Camouflages, people tend to see them but look away.
Mine?
Ooops I don't own Bitcoin, Ethereum, wait! Where is my TRX? Oh another Shitcoin. There have been a lot of sweet talks and hate speech about so many cryptocurrencies, I tend to ignore them and do as my guts tell me. I've been a BCH lover since last year, which was my first year in Crypto space, that is even before I began blogging on read cash. I'm kinda attached to anything that starts with a "B"! I own Bitcoin but not as much as I own the real shit - Bitcoin Cash!
I owned BitTorrent - shitcoin - making cents by minutely shorting, so it's cool, but don't expect me looking long term on this, it's literally empty right now, I had it all thrown to the markets, lol hello Justin Sun, give me another B coin!
I own Binance (BNB) - yes, even if you have just 0.0002 bnb, I'd advise to baghold that shit! Binance lately unfolding shits in a way no one expected, and looking at the fact that it's way more cheaper compared to our friendly crypto bank - Ethereum - which obviously needs some changes, BNB is a gold crypto to handle, remember this!
And The BCH, OK, I'll start off by saying BCH is all that is needed in the world, a lot of people are looking to make money, and so many ain't thinking about spending? I guess I'll just buy 1 BTC, baghold, it goes to $1M, I fuckin die in a car crash, it obviously won't be my car because am bagholding BTC to buy a private jet, for now it's public transportation, I don't wanna spend it, or should I say I can't?
Let me ask a question - what can you buy with your BTC and ETH holdings?
I absolutely don't wanna sound like a hater - cause am not, and obviously not giving financial advice, but if you look at it, altcoins deserve more attention to Bitcoin right now!
In order not to acquire losses, spending BTC/ETH must be done with caution, I mean I can't walk up to a restaurant and buy food with btc, can I? Or maybe I wanna fill up my gas tank, I obviously can't trade my ETH for it, why? Transaction fees! Way off the top!
It is much safer to trade your Ethereum for trx, then trade trx for the gas, that would make your transaction cost cheaper, but here are the risks and demerits!
After Trade, ETH/BTC Flies!
After Trade, TRX Dumps!
Not everyone loves TRX, lol.
What if your BTC/ETH are in private wallets?
It's one thing that day traders have to suffer if trading choices ain't made proper. There's always a chance that if you swap coins, the other one may moon in the next minute, and if you wish to get back in, you'd be using your tiny profits to buy back, that's the losses you may acquire just to trade btc to trx and buy gas, just to avoid transaction fees!
And then there's a chance that the coin you are swapping to may dump after swap, and that's why most people choose stable coins, but who wants a coin pegged to the dollar? And here you are trynna escape the fees, so TRX is the choice here, but if it dumps, sorry!
And then, there's a big one, not everyone loves trx or accepts it. I think it has to do with the founder's past life, lol so it's definitely gonna be hard to find a gas station accepting trx for Payment, maybe in Asia, or not, so it's then quite inconvenient.
And then - What if your BTC/ETH are in private wallets?
It is a dead chance then, you can't escape the fees if your assets are in private wallets, getting it to an exchange would definitely suck the shit out, right even before trading so it's a big bummer.
Ethereum/Bitcoin ain't for poor people, but sadly most of the world's population are poor!
I did a round check up on ETH most especially, and to be honest, I've discovered that there is no gain buying a small unit of this crypto! Enough of the you don't have to buy a whole ETH shit! There's absolutely no fucking gain buying a $10 ETH now! The last time I checked, ETH gas fees in simpler wallets are greater than $10, not a joke tho! You'd assume that if you buy $10 ETH now, and let's say 1 ETH was worth 1600$ due purchase, you then expect to have $20 when it doubles the value, yes you are right, it will double and your investment will double as well, but you know what else will double? The gas fees! So then your $10 investment in ETH is like throwing your money away, because when its price doubles, you'd then have to pay $20 for gas fees, so where are the gains on your $10 investment? But the profits and investment is now equivalent to the gas fee. It's a total money to dust investment based on its current stand, be extra careful dealing on Ethereum because you don't wanna cry home your losses. I am an Ethereum lover based on the revolutional projects it has brought through, but something has to be done about gas fees!
Bitcoin Cash - The People's crypto!
We are looking to eliminate fiat currency, and make crypto a utility more to being an investment right? But I don't remember agreeing to pay charges on every day purchase I want to make. I know my bank charges me always, but if the fiat currency is with me, there are no charges upon every purchase!
I met BCH at around $200 per cash lol. I fell in love with it, and Doge as well, but not until Elon Musk came around, then I dumped my favorite meme coin. If you're really looking forward to having a profitable asset that will not only push up its value daily, but enable you to do flawless transactions at ease and with zero charges then look no further. I am so used to always Laying low and going with whatever the system loves, but it's time we told the truth, I once made a crazy prediction of Bitcoin Cash displacing ETH, I wrote a blog post about it, and that was when it was just about $300 - 400 I think, but now we've witness it touch $700, OK am so confident about it going Higher than Bitcoin, reason being that this is a currency the people can actually reach and utilize, forget about making profits that ain't even withdrawable, talk about what I can actual use in my daily life activities, surviving comes first to every other thing, so if I hold 1 BCH, I basically hold millions to Carter for me in the long run.
Bitcoin was Supposed to be BCH?
I don't fuckin care about this story! I admit I've read some articles about this, kinda believed a few and then in my view to ghost all thoughts, I don't let it bother me because I've always chose BCH over BTC as the true life saver, today someone here bought coffee with bch, but no one ever bought food with ETH, you all wanna buy whips, houses but not food? Come on!
The earlier you pick some huge bags on BCH, the better profits the future holds for you, as though BCH would be the most utilized Cryptocurrency, fact!
Thank you for sparing me your time to read this truth filled article, I hope it was a blast and you found truth in it, if you have any comments on this topic do feel free to share via comments, thanks again
Keep Soaring
