Hello guys! Some of you are maybe wondering and asking why your earnings in your wallet are sometimes decreasing (and sometimes increasing).
We should always remember that the mode of payment here in Read.Cash is Bitcoin cash (BCH). It's just represented by dollars so we can understand it easily.
Like the other cryptocurrencies, Bitcoin cash is unstable. Every minute, hours, and even seconds, the value of each token changes. It is super volatile that no one can even predict it accurately.
Let's use my account as a visual of how volatile this Bitcoin cash is.
This is also the explanation my others thought that their earnings are lost. Due to the sharp decline in the value of BCH, their limited money on their wallet are gone.
For example, you have $.05 in your wallet. If there's a drastic decline in BCH, your money may turn to zero.
No one is stealing your money. Unless someone can open your account.
Right now, the price of the BCH is $285. This is kinda lower than usual. Usually BCH price range from $290-$300.
But hey cheer up! π As the BCH progresses, we can expect something good in the future. Just trust the process.
You can monitor the price of different cryptocurrencies here.
I hope you enjoyed today's article :) Kindly like and share your insights down below.
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Ow thank you for the info, i am also confused mine because i have 5.57 already then suddenly it became 5.55.