My opinion abaout pending tips on noise.cash

Before I write about the topic I am going to discuss, I will make it clear about myself. I am not an expert on crypto, I am also new to crypto when I joined noise.cash, so main discussion of my current article is actually not about crypto world, especially about Bitcoin Cash (BCH), because I am very aware, I am not an expert on crypto. So, before I continue this article, I apologize if there will be many mistakes in my current article. Main point I will discuss is expressing my opinion after I read @Pantera's post on NoiseCash you can also read it here.

Okay, so I'm not going to discuss why and how crypto market especially BCH is getting so low right now. Whereas one year ago when I first joined noise.cash price of BCH was in range of US$600 and you can see now price of BCH is only in range of US$170, that means price of BCH plunged very deep, maybe more than 70%, I don't know what caused it. because at the beginning I said, I am not a crypto expert.

So, message I got from @Pantera's post that I read on noise.cash is that most users there sell their BCH assets into their country's currency and they don't contribute much in promoting BCH on social media. This causes market capitalization of BCH to be very low and results in price of BCH being also low, this happens because most potential investors or BCH buyers look at market capitalization before investing or buying a crypto coin.

Maybe you're wondering what relationship between us, noise.cash and read.cash users with potential investors or BCH buyers. In my opinion, we are a community created to increase market cap of BCH in order to attract potential buyers and they choose BCH as their asset.

Then how can we contribute to increasing market capitalization of BCH on these two platforms? Message I got from @Pantera's post is that by being more patient not to sell BCH we get from this platform, by holding back as much BCH as we can from this platform, BCH market capitalization value will automatically go up and there will be many potential coin crypto buyers that will choose BCH as their asset.

Almost same as market principle that we learned when we were in school, more demand for an item, value of that item will increase. Maybe a simple explanation of my opinion is like that, please correct me if I am wrong. Thank you for reading to my opinion till end, I hope it can add to your insight. Don't forget, give your best contribution to this platform, so that we can together fight to raise price of BCH again.