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Author Topic: Should I convert my BCH to BTC?  (Read 3294 times)
Carlsen
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September 11, 2017, 08:40:35 AM
 #21

Like many others I hold the BCH I got during the fork.
Those are coins I did not expected to have, so they don't show up anywhere in my plans.
Maybe they surprise me in a few years. But for next few years, those coins will not be touched.

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September 11, 2017, 08:51:28 AM
 #22

Just keep on holding it, I never got it up until now with electron cash. But I have a big sense that this coin is going to be a big blow in the upcoming years. Just like ETH there's a possibility that BCH can follow those top alt coins in the market so just be patient and wait for the right time before selling it.

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September 11, 2017, 09:12:01 AM
 #23

Just keep on holding it, I never got it up until now with electron cash. But I have a big sense that this coin is going to be a big blow in the upcoming years. Just like ETH there's a possibility that BCH can follow those top alt coins in the market so just be patient and wait for the right time before selling it.

Well the dump of BCH is now over and what's left in those individual who thinks that BCH has the potential to go big in the future. They maybe some pump in the coming months so I advise those to hodl if you don't want to convert it BCH for now. I already dumped my BCH and I don't regret even If a see the price go higher in the future.

Like many others I hold the BCH I got during the fork.
Those are coins I did not expected to have, so they don't show up anywhere in my plans.
Maybe they surprise me in a few years. But for next few years, those coins will not be touched.


Its free coins anyway and if you able to maximize and get huge profit in the future, then hold on it. There is really a possibility that this coins will take off in the coming months or years. And as mentioned, it could take the path of ETH so its really has the potential to spike as well.

 
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September 11, 2017, 09:21:12 AM
 #24

If yes, what would be the best way to do this?

Be ready for this, meaning that your BTC is already moved out of those BCH wallets. You can keep them even on an exchange if the amounts are not that big. (But never keep big amounts on online services)
Keep your eyes on the markets now and then. When you feel that the price is good enough for you, sell. Keep in mind that from that point it may grow more or fall. Selling in multiple batches make you spread the risk - you can earn more or you can lose more though.

I followed these steps with Dogecoin and sold good. I didn't follow these steps with Byteball and I may have missed the best prices.

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September 11, 2017, 09:29:39 AM
 #25

I think BCH has some competitive advantages over BTC, such as faster blocks
I'd stick with BCH if I were you
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September 11, 2017, 09:47:35 AM
 #26

I think BCH has some competitive advantages over BTC, such as faster blocks

It has as many bitcoin miners shifted to BCH mining. I'm saying before that BCH is a nonsense alt coin and this will be forgotten just like the Bitcoin Unlimited. But after the fork, many transactions are happening and the price went up to 0.6 BTC if I'm not mistaken. And up til now the price was considering good for an alt coin.

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September 11, 2017, 09:51:58 AM
 #27

I too have aquired some BCH but I am also holding it
in the hope it will rise in value. I treat it as a thing
to get rid of at the right time because I believe in BTC!

R


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September 11, 2017, 10:13:01 AM
 #28

Why has no one here mentioned all the BCH held by services like Coinbase, Bitstamp, Xapo, Gemini and others? That's got to be over a million coins still locked up with the tedious part all done for its holders. It's far from fully distributed.

I'm pretty amazed at how steady it's been so far but anything could happen. I've still got 95% of mine. I'll wait for a mega pump.
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September 11, 2017, 11:15:56 AM
 #29

Yep, I got some BCH from the fork as a lot of hodler out there and I'm not sure what would the best thing to do with it (in term of long term return of investement).

I would like to hear the opinion of a few experienced traders on this before making my mind.

If yes, what would be the best way to do this?

Thanks!

Hold it for a while as you can see at the cryptocurrency trend it was stable at $500 plus, maybe you should hold it atleast a month from now then if the trending value decreasing then trade it but if it increases hoard it. It might follow the same path of bitcoin which start from the cheapest value too.
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September 11, 2017, 11:35:40 AM
 #30

I'm also holding my free bch because i really believe that there is a high chance that bch will follow etc or even surpassing it.

if you have researched, when etc comes out of ethereum, many people believed that it will just dump but look how is it now.

as of now many exchanges are welcoming bch which is a good sign so i think its worth to keep your bch because it has its

potential, just give it time.

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September 11, 2017, 11:39:15 AM
 #31

Just keep on holding it, I never got it up until now with electron cash. But I have a big sense that this coin is going to be a big blow in the upcoming years. Just like ETH there's a possibility that BCH can follow those top alt coins in the market so just be patient and wait for the right time before selling it.

Well the dump of BCH is now over and what's left in those individual who thinks that BCH has the potential to go big in the future. They maybe some pump in the coming months so I advise those to hodl if you don't want to convert it BCH for now. I already dumped my BCH and I don't regret even If a see the price go higher in the future.

Yes, it's now over and after the speculations that BCH will be followed by dump and it will lead to 0 value. But look on how many people are starting to hold BCH and they want to keep on holding BCH. And some are pursuing BCH for future purposes and some says that this is going to replace ETH.

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September 11, 2017, 11:45:08 AM
 #32

Yep, I got some BCH from the fork as a lot of hodler out there and I'm not sure what would the best thing to do with it (in term of long term return of investement).

I would like to hear the opinion of a few experienced traders on this before making my mind.

If yes, what would be the best way to do this?

Thanks!

I think it all depends if you believe in them or not. I saw BCH just as an "airdrop". I got them and converted them back to BTC, because for me, the true "King" of crypto is still BTC, and BCH are not even near them. So for me it was just some extra value I got just by believing and holding my bitcoins.

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September 11, 2017, 02:26:34 PM
 #33

I dumped BCH at 0.156 ,immediately after I recieved it
no regrets,if you want to wait and hold,it is up to you
but the asset is unpredictable,it could as well go down to the ground
after all it is nothing but another altcoin,and with the Segwit introduction,the only advantage it can possibly have over bitcoin is negated

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September 11, 2017, 05:03:56 PM
 #34

Yep, I got some BCH from the fork as a lot of hodler out there and I'm not sure what would the best thing to do with it (in term of long term return of investement).

I would like to hear the opinion of a few experienced traders on this before making my mind.

If yes, what would be the best way to do this?

Thanks!
It does depend since its your own BCH after all. If you dont need money then better to hold it off but if you do need more funds to invest on bitcoin or on other altcoin on your portfolio then better to exchange those bch you had.Just like mine i did sold my BCH when it was still on 500 usd price and buy some cheaper coins in the market.Its a good free money came from my bitcoin holding.I dont have too much interest on bitcoin cash though.
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September 11, 2017, 05:35:06 PM
 #35

The more BTC you have, the more free money you may get when there's another fork (like maybe 1 October something called Bgold, if not 1 Nov Segwitx2). So if you want that chance (those forks are not happening for sure) you want to change bch for btc now.

Learn to listen, listen to learn.
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September 11, 2017, 05:45:20 PM
 #36

Yep, I got some BCH from the fork as a lot of hodler out there and I'm not sure what would the best thing to do with it (in term of long term return of investement).

I would like to hear the opinion of a few experienced traders on this before making my mind.

If yes, what would be the best way to do this?

Thanks!
It does depend since its your own BCH after all. If you dont need money then better to hold it off but if you do need more funds to invest on bitcoin or on other altcoin on your portfolio then better to exchange those bch you had.Just like mine i did sold my BCH when it was still on 500 usd price and buy some cheaper coins in the market.Its a good free money came from my bitcoin holding.I dont have too much interest on bitcoin cash though.

Both  the most using bitcoin and newly find BCH has it own value. If you want some dollar means you can trede to dollar or using money. If you no need of money means, just hold you Both Bitcoin and BCH .Don't convert one to the other form.You will get huge profit than you expected.

 
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September 11, 2017, 05:51:47 PM
 #37

Bitcoin cash  is the one come from bitcoin , so it is unique and limited. Unique and limited is 2 features that make some coins only raise the price. So we can compare bitcoincash at an altcoin and you should hold it for profit like holding other altcoins in the market. Maybe with sentence " bitcoin" in the name, it can make something great happens ? Maybe?
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September 11, 2017, 06:28:19 PM
 #38

there are still many people holding bch. There is no point selling it. I do believe that BCH has enough power to compete with bitcoin. The price will increase in  the future when they realize that bch is much faster than bitcoin. However, it is still risky while using bch because it is not fully decentralized.

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September 11, 2017, 06:46:56 PM
 #39

Of course u should
Bitcoin Cash is a big temporary mistake
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September 11, 2017, 06:52:08 PM
 #40

Yep, I got some BCH from the fork as a lot of hodler out there and I'm not sure what would the best thing to do with it (in term of long term return of investement).

I would like to hear the opinion of a few experienced traders on this before making my mind.

If yes, what would be the best way to do this?

Thanks!

I think the best time has already passed when the price of bitcoin cash was about $1,000 each. Right now it pretty low, though I don't think prices will pick up pretty quick in the next few weeks. Though I think it will be as good as an investment as bitcoins itself. You just really have to be patient with it to totally profit from it.
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