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What really matters for a turnover coin is timing. BCH is a turnover coin.
Much like my silver it is for hedging.
The goal is sell it when up to get more btc or more whatever, dare I say real estate.
Letting wealth sit in cash is less attractive then letting it sit in a few spots.
My silver was purchased when btc was at 70k or so.
It more than 2x today and btc did 70 to 90
So for the time I held and sold the silver it did okay compared to btc
And if going from that date till now my btc did do 70 to 90k it did well compared to cash
And the copper wires did 3x while btc did 69k to 90k
So all did way better than cash
These days almost anything is better than cash, except during those liquidity event periods that come from time to time, such as what had happened on days around March 12, 2020.. At that time, it would have had been good to have some available cash.
And silver and copper did way better than btc. FOR THE TIME FRAMES I INVESTED IN.
which is all that matters to me.
SO silver = win
And copper = win
And BTC = win.
Can't complain.
Yes. You are happy that your gamble has been working out for you, this time, even though it is probably better to try to employ strategies that are less inclined towards gambling. .and yeah, many of us likely realize that we are not measuring bitcoin in selective short-term timeframes, even though surely from time to time, some short-term trades might have had gotten us better performance than our longer term accumulation of bitcoin.. and surely the longer that we had been accumulating the better, especially if we had mostly established our bitcoin holdings at earlier times, such as even having had mostly established our positions prior to bitcoin's 2021 price run.
Of course, there are some guys that came into bitcoin in 2021 and later, and they cannot go back and history and they have to just deal with what they have got, which includes dealing with whatever level of BTC that they had already been able to accumulate and various other matters around their cashflow situation that might involve other asset that they might also own.
Now if I go back to dec 2012 and just after the 1/2 ing btc went under 10 bucks maybe 9 this was the price to buy and hold that I really truly missed.
Do I beat myself up about that no.
Cause if I did, unless I held it til we got to 126k then sold it I would not be perfect. I have learned being prefect is not my goal.
Yeah I do wish I had more than what I have but [say la v] spelling is wrong.
Of course, none of us can turn back the clock, so we have to deal with our historical facts as they had already played out and perhaps sometimes to figure out if we need to make any changes to our approach based on where we are at.. including sometimes considering if there might be some things that we can learn from aspects of our own historical actions.
It is likely many of us have various mistakes in regards to our finances and how bitcoin fits into our finances or things that we might have done at the various points in our lives when we might have had first heard about bitcoin. I am still puzzled in regards to when I first heard of bitcoin in any kind of a meaningful way, since when I first started to look into bitcoin in November 2013, I had already bookmarked some tabs in my browser that were in the category of "I'll get to that later," which I might have even bookmarked more than a month earlier, yet I cannot recall if I had any views about bitcoin prior to my merely just bookmarking those pages in a "get to it later" category.
I was doing research on Gold price and saw the price chart for last 5 years. From 2021 to 2023, increase in price of gold was steady but in year 2024 and 2025 there is enormous increase in price of Gold. I have two questions in my mind:
Why gold price went so high in last two years?
Whenever any market goes extraordinary high, it takes correction. Is that true for gold also?
To the extent that your question about such shitcoin is even relevant in these here parts, I am not going to claim to be any kind of macro-expert, yet I would imagine that something in 2024 was causing more and more losses in confidence in various fiat systems (probably including the dollar and no real solutions out of the greatness of the debt problem), so perhaps after the momentum changes, then there can be some additional contagion that comes from the momentum.
Gold does not necessarily have to come back down, even though surely gold is inferior to bitcoin in several ways, so the higher gold prices likely incentivizes further exploration of gold and building up around gold, so there could come some discoveries that gold is inferior to bitcoin in terms of how the additional explorations of gold end up playing out to show that gold continues to be inferior to bitcoin even though it is going through some revival.
Does gold plateau? or continue to go up? or correct? I don't claim to know, even though I have pretty good confidence that bitcoin is currently superior to gold and I also have pretty decent confidence that bitcoin will likely continue to be superior to gold into the future...so my tentative ideas of bitcoin as compared with gold helps to inform my own actions in regards to how I treat my bitcoin as compared with if I were to consider any allocation to gold... which is that I don't have any inclination to buy gold, and I don't have any gold to sell, even though I would not consider that I am prejudiced in any kind of meaningful way by my not having any gold to sell (neither physical nor paper).
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I sold my BCH way too late.
2017, I didn't want to make a decision on which fork market would choose.
And after it was clear that BTC was the one, I still kept BCH because it was the only coin with the same mining algo. So if something where to happen to the BTC chain, I thought many miners would switch to BCH. So it was always a kind of a hedge for me.
But yeah I'd have over 30% more BTC now, if I had sold earlier. It was an expensive hedge, if it ever was one at all
I don't know where you can go from "I kept my BCH as a hedge" to "I would have had made 30% more BTC if I had sold it"..
You are like in a fantasylandia, since there were rare folks who were even able to get more than 20% more BTC from whatever BCH they might have had been able to muster up from splitting their private wallets.. and it seems to me that Bitfinex was one of the only, if not the only, exchange that said that they would recognize the split right from the start (and it seems that they made the split coins available within a few hours of the hardfork).
Yes.. that is a clip and an article from 1 week ago on December 15.
As I mentioned in my earlier post, I was not necessarily shy about trying to sell my BCH, and I had sales ranging between less than 10% and maybe at best I might have had a sales or two of some small amount in the 27% territory, which I roughly calculate my overall average to maybe be around 12%.. Sure it is possible that maybe I did a few percentage points better than 12%, but still.. 30%? That is pie in the sky to believe that you could have pulled off anything even close to 30% more bitcoin from your sales of that bcash crap.
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I approach it from more of a hypothesis perspective. Yes, over the long time period, bitcoin is VASTLY superior to its main fork.
So, the hypothesis is that bitcoin should outperform the fork (due to many factors, including the network effect).
However, I noticed that during the last year, there is a deviation from this trend (and that was the gist on my original post).
It could be a wobble, and most likely it is, but that deviation persisted in both one year and the 3 years chart analysis.
What does it tell me: perhaps, either that a few concentrated entities are pushing the forks trade OR that bitcoin price is under a price suppression from some large entity (ies) like nation states. Imho, this "deviation" is worth following...it might disappear in a year or less, but I cannot predict it.
I am not suggesting to buy the fork-that would be most likely a wrong thing to do and I am not doing it.
Then: what i suggest to do?
To simply Observe the trend.
TL;DR: A strange deviation in prices in the last 1-3 years that contradicts the prior established trend (for now).
The observed phenomena is not so "amazing," if you put such phenomena within a proper context in which any of us might note that BCH dropped more than 95% against bitcoin in the 5 years preceding your selected timeline to view an imagined "note worthy" happening in respect to an otherwise shitcoin.
I just had a thought. What good is an automatic coffee maker if it doesn't make Turkish coffee?
Everyone needs to get one of these too
What pushed me over the edge on mine was the cappuccino capability. So an automatic milk frother was a requirement. The machine I actually wanted is like $3k though (I think a brand mentioned earlier in the thread) so I did go for a somewhat cheaper option.
Sell your Bcash, and you will be able to afford the $3k one..
Since we have several recent posts about bcash, I had to get my lil dig in there. 
But yeah I'd have over 30% more BTC now, if I had sold earlier. It was an expensive hedge, if it ever was one at all
At the very peak I think it was even 50%, not sure.
go fuck yourself you little wannabe...
Why do you have to be so rude for nothing? I think it peaked around 1 BCH to 0.5 BTC at that failed flip pump..someone else may confirm this, it was only brief but that was the peak. You are angry at me because you missed out selling at the best opportunity? Why?
There were some brief spikes that got into the 40% arena, yet those would have had been quite tough to catch, and yeah, there could have been some aberrations that touched upon 50%.
Of course there were degrees of mistakes in regards to how guys dealt with BCH, yet sometimes it can still be difficult to figure out how to deal with those matters at the time - even though it seems obvious in retrospect.
It could be that we can lecture guys about exercising poor judgement.. yet we don't always know the circumstances of the other guys.. It probably does help to also speak about some personal experiences if we are comparing / contrasting what other guys had done if we might believe that we would have had dealt with the circumstances better.
Obviously, I don't consider holding onto BCH to have had been a "safe move" unless perhaps the person was a bit delusional about what was going on, and surely we had quite a bit of arguments going on in various parts of the forum that seemed to contain some delusional components.. including some of the goals that were seeking to be achieved.
By the way, BitHodlers your characterization of Bcash as if it were led by Roger Ver
only is a bit of a delusional framing of history. Sure, Ver was one of the main bcash proponents, yet there were plenty of other causes of Bcash's level of success (pumpening) rather than just Ver and his influencing, marketing and/or manipulation attempts.
2017, I didn't want to make a decision on which fork market would choose.
Big mistake. Every fork is a shitcoin, it can never be Bitcoin. There is nothing to think about here besides the best timing to sell it. It was during the pump where Roger Ver tricked many people into believing BCH would flip Bitcoin. It was an organized pump in which he made a lot of money and a lot of naive people lost sadly..
No it wasn't a mistake. Keeping the fork was just the safest play. But how would you know... you weren't there and are just a smart-ass talking shit that you read somewhere..
If a
social attack fork like that can win, then Bitcoin is over. It has failed, so considering that the safest play is very odd. Yes I was here..
just for the record:
forks are not attacks, they are a healthy democratic cleansing process to give users a free choice to part from attributes they don't like.
That's why it's the best and freest money humanity ever had...
You might be speaking in some levels of truths based on free market ideas Gachapin, yet it seems to me that forks still might be attacks - depending on how they are done, and yeah outcomes might not end up being just, even if there ends up being a prevalent outcome that we can subsequently characterize as the free market "winner."
i never checked, but is there supposed to be a minimum age on this forum?
I recall that the minimum age is 9 years old.
is that in AI years?
You might have the answer to that question within. Look at ur lil selfie in the mirror and ask:
"Why am I always trying to find a loophole rather than just going to bed like grandma says?"
Poll
