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BCash mid-/longterm short on BITMEX?
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Topic: BCash mid-/longterm short on BITMEX? (Read 82 times)
ciurci
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BCash mid-/longterm short on BITMEX?
March 06, 2018, 04:24:30 PM
#1
i wonder how you see the future of bcash in the 2018/2019...
imho it has no legitimation to be top #4 cryptocurrency...or better not anymore, since lastest BTC updates reducing its txs fees and times to very "fair" levels. bcash would never be on rank 4 without "Bitcoin" in its name and it gives no additional value comparing it to btc. (there are other coins that dont do so but this is just about bcash)
this is just my opinion and has not to mean that price will drop at all. we saw a lot of coins without any real value pumping lately in dec17 for example...
but still i think to make a bch short trade on bitmex with a small leverage (2-5x) would not be a bad idea at all...possible entrypoint atm breaking support at ~0.11 after siderange for next 2-4 days or hitting heavy resistance at ~0.124
what u think? to early for bch to crash? no crash at all?
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BCash mid-/longterm short on BITMEX?
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