Getting one Bitcoin Cash, Is that your goal? It shouldn't be.
Getting one Bitcoin Cash, Is that your goal? It shouldn't be. Keeping one should be your real goal; let me explain.
If you are trying to get into the 1 BCH club and working hard to get into that goal, you shouldn't because you are doing it wrong from the get-go, and that which starts badly ends too.
You see noise and read cash, give some free tips to those who write about Bitcoin Cash or write articles in general. Many are doing it because they want to get into 1 Bitcoin cash, but you should know that only 21 million coins are going around. Not all of them are being given as a gift. Not everyone will get 1 BCH, which means a few people will get to keep one whole coin.
But getting to write many articles and collect one Bitcoin Cash is the easy part. Having to keep it is the challenge, the real challenge. If you think that getting into one Bitcoin Cash is the final goal, you are wrong, and this can be for any amount you can set and collect 100, 1000, 10000, and so on, but getting that number into your wallet is one thing, getting to keep it over the years is another.
You see what good it will do to you if you collect one Bitcoin Cash and spend it all the very next day, then you will have nothing, and you will have to make another, and I don't know if it will be as easy as the first, many say that making money is the easy part, getting to keep it is the hard part. The same happens with Bitcoin Cash; if you collect one Bitcoin Cash but give it away the next month because you need to buy something, you never had anything.
Now you can take the other extreme, and you hold and hold so that you also hurt adoption. Because you refuse to use your coin to buy stuff, adoption falls, and what you hold becomes worthless. The best way is to have balance, and the best way is to find the equilibrium in things. You should get and try to collect 1 Bitcoin Cash, but once you do, try to save your fiat and replace your Bitcoin Cash if you need to buy things.
In other words, try to be a better saver, collect your one Bitcoin BCH, but keep on getting more to save money fiat money for your daily needs, try to preserve food, and don't spend your satoshis on survival before its time.
Once you collect one Bitcoin Cash, try to put 1% to 3% into adoption, and by that, what I mean is buy the things you need using Bitcoin Cash, visit your local store and spend there what you would pay using your satoshis but replacing it right away so that you keep 1 BCH always.
You will be using between 0.01 to 0.03 BCH at your local stores, but only because you already have the fiat currency in transit to exchange it into Bitcoin Cash.
Let's say that your local exchange takes five days to receive your local currency, and you are waiting for the conversation to confirm the fiat value. That amount of satoshis is what you can spend at your local store because you will be using your Bitcoin Cash but will replace the amount used right away.
Also, let's say you have less than 1 Bitcoin Cash but 0.10 BCH instead; before the price increases, you should try to buy your other 0.90 BCH to collect your 1 Bitcoin Cash. That's what I did. Most of what I own in Bitcoin Cash was bought. I will not wait until I write 1000 articles to collect and have my one BCH. Neither should you. If you have the money, go for it, buy it, and protect it so that you don't have to use it for emergencies.
I think my advice is very logical, get into the 1 BCH club, protect your holdings by making sure you don't spend your satoshis on an emergency, or because you want a worthless new toy, once you have it invest 1% to 3% in adoption. You save up to buy more Bitcoin Cash, or you save up more fiat so that you don't have to sell your Bitcoin Cash to survive ever again.
Let us see in a few years how many of the one Bitcoin Cash clubs get to keep their holdings over time and promote adoption at the same time. That's the real goal and a challenge because you will have to balance things so you don't hold forever hurting adoption, but you also don't spend until you have nothing.
Once you don't have to exchange your BCH for fiat currency, you will know you have waited long enough to use it for goods and services, and not just in the corner of the world but worldwide.
That was my plan initially but my plans have changed over the month plus I spend my bitcoin cash sometimes to buy things so I can really say I want to stack a certain amount in my wallet just for keeps