RE: Bitcoin (BTC) Evening Update: Primary & Alternate Price Pathways

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Bitcoin (BTC) Evening Update: Primary & Alternate Price Pathways

in bitcoin •  7 years ago 

Great Its right time to sell BTC to USD or buy BCH ?

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  ·  7 years ago (edited)

Too late, they pump about every six weeks (last time was Mid November, same effect) - thats all it is, a pump by Chinese Miners (mostly on bithumb), and those who get in too late, lose their money. There's still a good chance to buy bitcoin cheap at this time, though. BCH - I would wait for the next likely pump around end of January, likely together with some news about "Wall Street getting into crypto investments soon"
BCH isn't worth it, I would prefer Litecoin to it anytime, there's just the cognitive dissonance as the name begins with "bit" - just another altcoin really.
However if enough people suffer from cognitive dissonance, it will become their god.

Personally I will just trade bch. I am not selling my long hold btc to buy bch. This is just hype and bch will return to its normal price around 1500 to 2000

If you invested in BCH instead of BTC at launch you would have made more money, it has out performed BTC. BCH offers much lower transaction fees, is faster and doesn't need third party, private companies to scale. Its more than just hype.

Thanks bro for this info it help me a lot .

No way is this just hype... Bitcoin Cash actually works.

I converted to BCH 40 or so days ago. The next best time is right now.

Well played.

the signs are everywhere. In long run, Bcash is much better than Original Bit. Thats why it has risen so much.