I have to be blunt: Bitcoin Cash has been a major disappointment for me. This is one of the major cryptocurrency assets where I am behind the curve from a profitability perspective. That's a long-winded way of saying I'm losing on this crypto! :)
However, I believe enthusiasm is picking up as despite its losing ways this year, the bulls have empirically entered the market.
Check out these Bitcoin Cash stats:
Bitcoin Cash YTD Stats
High of this year: $3,071.16
Low of this year: $764.02
Average price: $1,687.89
Number of Up Days: 28
Number of Down Days: 34
Average Performance (up days): 6.71%
Average Loss (down days): -6.58%
Quick note: Bitcoin Cash significantly has more down days than up; however, its profitability magnitude of 6.71% pips its loss magnitude (-6.58%) despite being outnumbered on frequency 28 to 34...that's impressive!
This is what happens when we place our bet on a clone instead of original :P
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Thanks for the encouragement, but have you checked out the stats? The fine details are impressive despite it losing significantly.
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haha forget about all other altcoins and lets invest all in Steem Power and follow the traditional upvote for upvote social networking model
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I'm sure the coinbase fiasco didn't help!
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