Lately, I have been keen on observing the price trends of Bitcoin Cash and I must confess, it sure is something to be quite fascinated about.
In case you're a bit new to Bitcoin Cash, a brief description could help- well, Bitcoin Cash is basically one of the most widely known and widely used forks of the original Bitcoin. It was created in 2017 to serve as a better alternative to Bitcoin, offering faster transaction speeds with lower transaction fees.
Looking at where it all started in 2017, Bitcoin Cash seemed to have gained lots of adoption by crypto folks generally, and thus, its value has been drastically rising since then. And in later 2017, the coin attained an all-time high of over $3,000 before experiencing a fallback at around early 2018.
Just like with other cryptocurrencies, the price of Bitcoin cash has kept on changing simultaneously over time due to volatility and active trading. Though Bitcoin Cash has barely ever been able to get anywhere close in price to its elder brother Bitcoin, it still remains a top leading coin ranking among the top 10 presently as far as market capitalization is concerned.
Bitcoin Cash today, still remains a coin of huge potential to the crypto space and the world generally. It brings better offers that solve various limitations of Bitcoin and the way I see it, it is only a matter of time before the price explodes to really impressive values.
As of recent times, the price of Bitcoin Cash seems to be making bullish approaches towards $300 from over $200. This seems quite impressive to observe however, there have also been various price predictions generally, some of which are sure bound to change.
Overall, in my opinion, I think it's a good idea to implore my fellow Bitcoin Cash community members and enthusiasts to accumulate Bitcoin cash whenever possible. Accumulating, of course, should be at a favourable time and it is strongly advisable to 'buy dips and sell pumps'!
Bitcoin Cash is surely here to stay and a good choice for long term personal investment.
Thank you for taking the time to read this, see you around! :)
