Here we go again.

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1 year ago

The world of cryptocurrency is one of constant change, with new developments and trends emerging regularly. For the past few months, I have been busy exploring other networks and have not written much about Bitcoin Cash and its products, including SmartBCH. The bear market has been tough on everyone, but some projects have suffered more than others. That is simply the nature of investing - some trades will be winners, while others will be losers. The goal is to have more winning trades than losing ones.

Bitcoin Cash reached its lowest point around $96.00, and tokens in the SmartBCH sidechain saw a significant drop, with some losing over 50% of their value and others losing 99% or more. This was partly due to issues with the centralized bridge, which was exacerbated by the hard pump in Bitcoin prices at the time.

But I am not here to focus on the past. What is important now is the future. I believe that eventually, the SmartBTC bridge will be fixed and Sha-gate v2 will be working smoothly. I would prefer that the developers address all the bugs now and launch the project a few months later, rather than dealing with issues down the road.

The CoinFlex situation is currently being resolved in the courtrooms, and while this may take some time, I believe that eventually the news will die down and the situation will be resolved. At this point, fixing the bridge is more important than resolving the CoinFlex issue.

For those who may be hesitant to invest in SmartBCH due to these issues, I want to remind you that when you invest in cryptocurrencies, you are already out on the high seas. Don't be afraid to take risks now, when prices are low. The rewards for taking those risks could be substantial. Many projects are down by 99%, meaning that rewards will be much higher than they were before the CoinFlex collapse. I invested in the Mist token just before the collapse, and now I have double the tokens for 1/3 of the cost in BCH and 99% less in dollars.

In conclusion, a life without risks is not worth living. The risks that come with investing in SmartBCH will also translate into rewards. Don't be afraid of a little win when your boat is already at sea. Embrace the risk and reap the rewards.

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