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Question: Would you keep or sell your Bitcoin cash?
Sell them all for free BTC - 9 (50%)
Sell partially, probably 50%? - 4 (22.2%)
Keep all of them - 5 (27.8%)
Total Voters: 18

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Author Topic: Would you keep Bitcoin cash, or sell them?  (Read 851 times)
cyyap95
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August 02, 2017, 03:47:44 AM
 #1

As a Bitcoin investor, I've invested some in Bitcoin, which I plan to hold it for a long time (probably years), so far my expectation on Bitcoin still remains the same, but I was unsure about Bitcoin cash.
Would like to see your opinion  Shocked


For those who wonder where you can sell (dump) or buy Bitcoin cash, I've just tested to sell BCC at ViaBTC.
(Wasn't able to withdraw yet, as it required 20 confirmations lol)
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August 02, 2017, 04:02:25 AM
 #2

The growth taking place with bitcoin cash is quiet high compared to the price of bitcoin which is in decline. At some point the growth percentage will be similar in value, which might cause the chains to grown in a mutual manner. Hoping for this I would hold whatever the asset maybe, as the future growth of bitcoin as well bitcoin cash will be bigger than the other crypts.

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August 02, 2017, 04:17:27 AM
 #3

Bittrex is not even accepting deposits for now so we don't have choice but to keep on holding it.

Something is turning me on to keep on holding this coin as transactions are increasing.

Together with it's price is increasing too, seems good to hold this.

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August 02, 2017, 04:21:02 AM
 #4

As a Bitcoin investor, I've invested some in Bitcoin, which I plan to hold it for a long time (probably years), so far my expectation on Bitcoin still remains the same, but I was unsure about Bitcoin cash.
Would like to see your opinion  Shocked


For those who wonder where you can sell (dump) or buy Bitcoin cash, I've just tested to sell BCC at ViaBTC.
(Wasn't able to withdraw yet, as it required 20 confirmations lol)


For now, I think it is better to keep them for a while and observe the behavior of the newly found Bitcoin Cash. It still has to prove itself in the online market.

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August 02, 2017, 04:21:33 AM
 #5

Definetely keep them and maybe buying them! The value is so low atm.

If it goes to 170-200$ it is a dream for all of us!


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cyyap95
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August 02, 2017, 04:33:00 AM
 #6

The growth taking place with bitcoin cash is quiet high compared to the price of bitcoin which is in decline. At some point the growth percentage will be similar in value, which might cause the chains to grown in a mutual manner. Hoping for this I would hold whatever the asset maybe, as the future growth of bitcoin as well bitcoin cash will be bigger than the other crypts.

To be honest, I doubt this new BCC would just behave like some of other altcoins, which at early the price will be pushed due to market hype, but later when it comes to the realization of the underlying value, they dump it at the end.

A way I analyze this is taking ETH/ETC split as a reference, the network hash rate of both cryptocurrency and the price is highly correlated, roughly around 12:1 ratio. Meanwhile, the BTC/BCC network hash power ratio is around 25:1, but the price is at 7:1, seems like overpriced for me, and I haven't considered the actual usage of the BCC, which is actually 0 now compare to BTC which widely accepted by millions of merchant.

Probably in next few hour, once most wallet and exchange started to accept deposit/withdrawals, might see quite a number of people dumping their BCC.

Anyway, this is all my opinion, could be wrong.
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August 02, 2017, 04:36:58 AM
 #7

I would go on Sell them all . Its a free BTC and all you need to do is sell Because this coins will dumped and go on lower price like ether classic. I buy later when the price is lower 80% cause more on holders of Bitcoins Cash Start selling now of free BCC - And this is actually happened in a newly lanch Altcoins.
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August 02, 2017, 04:40:10 AM
 #8

i have already sold what Yobit gave me yesterday by mistake long before the fork happened Cheesy
and currently i am in the process of transferring my rewards to exchanges to start selling before it is too late.

i'll probably keep a small amount though. something about 5% of my total reward may be a good number. i plan on testing some stuff with it.

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August 02, 2017, 04:43:58 AM
 #9

Despite the statements of various entities of not supporting this coin, it is doing well for now but we still don't know if it'll continue in the coming months. in terms of market cap

it is now on the top 3 among all cryptocurrencies, i think that it will still increase considering that bittrex accepted them, polo said they won't but i think they will. overall this coin

is worth the watch so not gonna dump it anytime now.

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August 02, 2017, 04:45:27 AM
 #10

Many of the people who get bitcoin cash soon sell the bitcoin cash they get. They may be afraid of the bitcoin cash price. It could be the price of bitcoin cash will drop dramatically. So while the price is high, maybe selling is a good way.
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August 02, 2017, 04:49:03 AM
 #11

I would go on Sell them all . Its a free BTC and all you need to do is sell Because this coins will dumped and go on lower price like ether classic. I buy later when the price is lower 80% cause more on holders of Bitcoins Cash Start selling now of free BCC - And this is actually happened in a newly lanch Altcoins.

This is a good option for short term/high-risk-tolerance trader. As for me, the long-term (value investing) investor, I might just sell them all and only buy back if I see actual value with BCC
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August 02, 2017, 04:56:39 AM
 #12

I'm going to hold, see how events will develop
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August 02, 2017, 05:00:44 AM
 #13

Many of the people who get bitcoin cash soon sell the bitcoin cash they get. They may be afraid of the bitcoin cash price. It could be the price of bitcoin cash will drop dramatically. So while the price is high, maybe selling is a good way.
Just selling immediately BCC would be better because holding it on a long term basis will not be beneficial as we don't know exactly how many more days BCC could survive.Already,most of popular exchanges have said that they won't support BCC.Just selling it for some extra cash would be the wise decision.
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August 02, 2017, 05:15:49 AM
 #14

I will join the majority here, I will sell this coin immediately when the price is still high, I don't think many people is going to keep this coin, so the price seems like will keep falling down, better sell it before the value turn to zero and I also not see any good future of Bitcoin cash


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August 02, 2017, 05:23:35 AM
 #15

Initially I thought it is a sell, but now maybe it is good to hold... afterall it is a clone of bitcoin, the closest clone, so it may actually go pretty high.

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August 02, 2017, 05:24:50 AM
 #16

No one's sure how the price of Bitcoin Cash will be a few months from now, so if you think that it is worth holding on for a while, might as well keep and see how much development is going to happen in the future. There's some support behind it now, but how much of that and how long it goes is a bit uncertain. Again, the decision is on every holder and nobody can stop you if you want to let go of every BCC you're alloted.
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