Bitcoin Forum

How about investing in Bitcoin cash? I came through an article and it's performance is amazing from couple of months, and I would suggest everyone to have a look on this as BCH is all set to become the new rockstar of the market and yes grayscale investors have released the profit results of this last quarter as well, guys even now there is a lot of time left to us for investment. think and plan accordingly.

https://news.bitcoin.com/grayscale-1-billion-crypto-bitcoin-cash/

based on the market, BCH is indeed quite good, especially when everyone is focused on BTC and Eth, plus the presence of new entrants in which crypto is in an ideal position to be an investment platform.
it is possible that Bch could experience an increase in inflows by far more than 1,400% quarter-on-quarter.

Bitcoin cash is the reasonable bitcoin fork and it still has good potential both for practical use cases, partnerships and growth in demand and value, the only thing bch as a company should do is to stay away from controversies especially their CEO should be careful and silently wotk for the growth and development of the project without making any false claims.

I have Bitcoin Cash in my portfolio, I've been holding it for quite some time, I like its performance but I have a target price for it before selling. One that I hate about it is the destabilization of its network making the volatility rate insane sometimes although it has more scaling ability than bitcoin still the branding of bitcoin cash isn't that ideal for many people who was early adopters of bitcoin. If the price hits $400 I'm selling it  8)

As long as these infighting and struggle for power still exit in BCH camp the coin is going no where, just look at the way the coins has been losing ground to BTC, BTC has outperform all the Bitcoin forks these year and all these forks shows no sign of strength

Bitcoin cash is quite a good coin but all these unnecessary squabbles within its ecosystem won't take it anywhere, in fact all coins which tries to challenge Bitcoin even when there is no need for a competition keeps losing ground. Also, investing in Bitcoin cash of course is a choice however one can't really be sure it will be the next big thing or the next rockstar in the market, this is because the crypto space seems to work with trends and currently it is the DeFi trend and a careful look will show that many people are still be driven by the DeFi concept and hype.
Thus, it is imperative to invest in any coin after due diligence but not because of any type of predictions as it might fail.

No bitcoin fork will really able to beat the King.It would really just remain low even though it might really get some recognition but those are just good for profiting matters
but for total support? They don't really have it.

We know on how BCH did really had bad impressions towards the community specially of the deceptive steps that had been done by its own creator but still this forked coin
did really able to survive.

Rise in price is always been on there but the question on total support of its existence is always been questionable.

Bitcoin cash is charting a course of its own. Most of the SLP projects are being developed on the BCH blockchain. They have launched a hastag #KeepBitcoinFree. It will be worth the while to keep an eye on BCH. It could be challenging ETH in second place soon.

As members above me described there are power struggles in BCH and i am not even following their map and progress in terms of development. The only problem i see with these fork coins is that i wont be surprised if there is a 51% attack against these forked coins, bitcoin gold had its share of attacks in the past and there were discussions about a new miner HathorMM who controls over 33% of their mining operations, so anyone investing in these should be aware of these risks.

Sorry, I can't support Bitcoin cash to invest. I know singley this Coin didn't pump for a long time. Maybe Bitcoin cash pump could be in the future. Even though I don't want to invest in this coin. Rather, I will take from some top 30 coins. In the future I won't hold any Bitcoin cash because now my research goes against this coin. ::)

BCH and other hardforks are controversial coins, some like them or not. But I think BCH is still better than others, although I would not recommend investing. I prefer Altcoins to have real use cases, and in terms of newer technology. and I think, hardfrok coins will not beat the original coins. but for a trader to take a chance on a fluctuating price movement is okay.  :D

You also forget to put "The Fall Of BCH"

When these shitcoin founders/team fighting each over to control all the chain/project and split again the coin into 2 coins again ~LOL. I was remember that's days, when the drama of these shitcoin makes some "Fear Situation" into the market.

Enough a forked coins from bitcoin, the real one always bitcoin nothing else so instance wasting the time with forked coins better to enter the real one.

Just last month, BCH was at all-time lows versus BTC... don't quite understand what you see is "rising" here.

After the BCH/BSV fork, both coins dropped to prices that when combined did not equal the price of 1 BCH the day before the fork. There's no reason to think this won't happen again with the upcoming fork. I would definitely steer clear of this coin for months or years if not forever.

What? BCH is the real bitcoin? that is what you want to portray from the term new rockstar?

I am surprised that BCH managed to survive this much longer while all other forked coins went deep down so don't have huge hope on it if you are a long term investor.

I'm not really a fan of bch on my previous tradings, but somehow it survived on different trading sites even if crypto market has gone so bad for two years. The performance of this coin has been neutralized while bitcoin market starts to build it's momentum. Perhaps good news gives us more time to realize the importance of bch to be one of sustainable asset, that could give us potential profit gains.

That's a lot of investment flow into crypto market. This is very good for crypto as a whole as institutions are get into the game.

bitcoin cash certainly does look good for future investments. considering its promising use as both for trading and daily use, I don't see why it would not fly specially with the users of ETH and BTC.

BitcoinCash and Litecoin are best crypto imo these days, they are both undervalue.

Bitcoin has always been the best option for me but actually, BCH's current trading volume is impressive and considerable since BCH's technical model is doing well. I suspect this coin is being inflated by the team of miners. They are not as widely exchangeable on the market like Bitcoin.
If I could choose BCH and BTC I would have to choose BTC because I knew Bitcoin was the real king.

I do hope that BCH would rise again. I have been drawn to the project since it was launch as a Bitcoin fork. Have ride through its up trend during the last bull run and also when it hit hard down together with all other cryptos. Hope in the coming days things would change. It would be nice to see its price rises in the market. hope it would be soon.

Bch is well established in the market which is absolutely a strong point for this coin and it looks capable enough to achieve decent progress in near future currently bch has maintained its rank between top 10 altcoins which indicates its capability I may not predict that how much it will rise but hopefully things may go in a positive way for bch

Wow, the report has it that Greyscale recoreded a 1400% inflow from three product in third quarters of this year. This is already a signal of an increasing performance because this report will attract more investors.

the report also has it that, Litecoin is due to be listed on the Security and Exchange commission. This shows a positive trend for the three product in Greyscale portfolio.

I have never invested in Bitcoin cash but I never sold the coins I got with my Bitcoins holdings way back and I always keep them locked with a goal in mind that if they ever become near to bitcoin's value I will actually sell them.

I don't know but I always liked Bitcoin cash for the simple reason that I got them for free and when I got them I was very excited but the I kept holding them and even today I hold almost all the coins I got initially. I am not expecting something mammoth but if they get to a big value next year I will think of selling some because yes BCH did well and always managed it's rank among top coins but I don't see much reasons for a giant growth anytime soon.

wow lol

Didn't know that Grayscale are into BCH
TBH i am not really firm with BCH in the long run

Perhaps i am biased, but i feel BCH will eventually get faded because if there's Bitcoin, we don't need BCH tbh
Just like Why needed ETC when we have ETH

Bitcoin Cash even more volatile than Bitcoin, and it will be extremely difficult to foresee its growth or the fall (I mean within g 3-6 months at least). Thus, I will simply hold it in my actives, and trade if I simply see the deal is currently beneficial and can bring me profits.

I'm yet to understand how bitcoin cash became the shadow of herself. The value of Bitcoin cash was once very impressive, especially the period after it was forked out of Bitcoin. Most millionaires emerged as bitcoin cash was earned based on the bitcoin one holds. It would be great to see bitcoin cash rise again, even though it may be quite difficult now.

Bitcoin Cash is a pretty good coin and I appreciate BCH and its development team. In the current situation BCH is having some troubles and its price is not as expected, but it is still a worthwhile investment.
I don't think there is any coin that can challenge bitcoin including BCH. Bitcoin is the king of the crypto market and all altcoins are dependent on bitcoin.

Bitcoin Cash is, of course, a very popular cryptocurrency and it is clear that Bitcoin Cash developers are trying very hard on an ongoing basis to attract as many partners and investors as possible to their cryptocurrency, so of course we should expect that price of Bitcoin Cash will rise in future, and only 21 million Bitcoin Cash are available, this already suggests that price will rise at a certain time.

You cannot compare ETC and BCH as they both evolved in entirely different circumstances, the fork in BTCitcoin happened because there was a difference in opinion when it comes to scaling and ETC came into existence because it was a hard fork when there was a major hack without taking everyone's opinion into account and hence we have two chains.

I sold my BCH when the price was around $600 if i am not wrong and when i saw the market going down i took my opportunity to profit from the free coins and i still hold a few coins and if it goes higher i will be happy to book my profit, ultimately it all depends upon how they are able to attract the investors and lets see how it will fair when the market goes up.

The recent rise in price of BCH is also attributed to a fork of this coin on around November 15. A large group of developers and supporters of Bitcoincash led by lead developer Amaury Sechet are creating a new coin from existing bitcoincash blockchain differing in the ideas that's been guiding bitcoincash.
Many users believe holding the Bitcoincash would have a good profit of getting both coins, just like the way when the Bitcoin SV forked.

based on previous fork , holding bitcoin cash will give holder good profits. but we must becarefull if snapshot already done, usually price will dumped hard due certainity holder get new coin. maybe buying coins that will hardfork will be profitable strategy for us , as long as this coins was active in developting product.

indeed from this case it will provide a very high risk because no one can guarantee that after the fork will increase to be expensive or not because the conditions where the cryptocurrency is currently not good so it will be very difficult to increase the price, and maybe it has no investors are interested in BCH anymore.

I dont see BCH competing well against their main competitors. TC, Doge, DASH, BSV, ... Their number of transactions are not grooving well. They should also have a new chain split in near future. I expected much more -3 years ago from BCH. They are big disappointment. Lets hope they will pull together and start doing it right way.

there is no important development in Bitcoin Cash, Bitcoin Cash is just a clone of Bitcoin,
it is not special, but the price will usually follow the direction of the mother, if Bitcoin goes up, then BCH will follow the increase.
I do not recommend investing in Bitcoin Cash.

IMO, people will see what they want to see and that has always been a thing in crypto world, they will shill whatever they want to buy and they want to hear "yes you are very right and we will all make money thanks to you, what a great analysis" and that's it, unfortunately they are rarely ever right. Bitcoin cash was 225 dollars 3 months ago and today it is around 250 dollars, that is the only increase it had, nothing too shocking, it is obviously not a loss but not a profit to be happy about neither.

For example BNB was 17 dollars, now it is 30 dollars, much much bigger increase, ethereum went under 400 dollars and reached as low as 235 dollars or so, today it is 373 dollars back again, or bitcoin was around 9k 3 months ago and today it is over 11k. Basically there is nothing good about investing into BCH at all.

BCH was the first forked coin I got and that too after months of it coming to the market because I did not knew about forks and how they happen but when I saw the process, I claimed my coins. Since that day I have never used BCH for any purpose apart from gambling ;D because it does not offer something great or different so it was like some free coins I got and I gambled them away.

Now after long time I see BCH doing good and I have bought small amount of coins in hope that the future will be bright and I hope I never wasted BCH like I did when I got them for free.

I'm not sure about Bitcoin Cash, only 5% I invested there. and I didn't find the best news to convince myself to invest more there.

There is a lot of debate about BCH, like it or not, but it all depends on who of us believes, when the bitcoin fork gave birth to BCH there was little doubt, but over time BCH started to be trusted, because I kept it for investment

I don't think this is the right time to invest in BCH. I invested some of my money in BCH and I lost some money. The value of BCH is going up and down now.  As much as it rises in 1 week, it goes down in one day. But I am optimistic about BCH. Maybe one day it will bring me some profit.

investing in Bitcoin Cash for the long term is a risky act, Bitcoin cash is only a shadow, and the shadow will disappear if there is no light,
the light for Bitcoin Cash is Bitcoin, and still the shadow of bitcoin, they have nothing special, Unlike Ethereum, Neo or Waves,
these altcoins still have something special, are strong developers and communities. if you investing di BCH i dont recomend, but if you trade i recomend.

BCH acts like BTC. The coin doesn't have any real world use so it simply mimics Bitcoin's moves with a slight difference. Its lack of trust and recognition compared to BTC makes it always dump harder.

If BTC goes down 10% you can expect 12% loss on BCH at the same time. Knowing this why not simply by the real deal? You want to play arond, buy some cheap altcoin and hope for a pump. You want the safest investment - choose BTC. Coins like BCH, BSV, and since 2018 LTC are a waste of money.

Personally I don't like BCH anymore. I have lost my interest in bitcoin cash while it had hard fork and created bitcoin sv. Though bch still showing good position at marketcap. But most of the crypto user thinks that it's a dead coin and bch will loss it's value slowly. I have read the news, if bch rise up quickly for their large investment plan, I think it will fall back sooner then. Cause most of the investor will take the advantage and won't hold their coin for long term in bch.

Yep, BCH lacks "reasons to use." Why do you want to use BCH instead of, let's say, cheap and instant coins like XRP, DOGE, and LTC? Plus, there is no token thing unlike TRX, EOS, ETH, and many more. It's unbelievable actually when a coin like LTC or DOGE still exists and has a relatively high price. I still think these coins have no future though.

BCH reached another all-time low against BTC today; now 1 BCH = 0.02 BTC.

I remember in early 2017 before BCH was born and "the sky was the limit" for a big block version of bitcoin, there was a dude who kept egging on Roger Ver to trade him his BTCs for the dude's BCH's at a 1:1 rate. It looked like the deal was going to happen, but then the dude (a huge whale) mysteriously disappeared and never returned to the forum.


They called it "Bitcoin Unlimited" (BTU) for several months before the fork; it was renamed as "Bitcoin Cash" closer to the date of the fork. He should have gone through with it -- could have doubled his net worth.

In this transaction (https://www.blockchain.com/btc/tx/c640a575781adcf2c8af9a9fbbfe6892596121061d3e96b171c556a1b99b532d) you can see he split his 80,000 BTC stash, moving 40,000 BTC while paying a fee of zero. What an absolute chad.