Should I convert my BCH to BTC?

[hridoyb]

You can convert  your bch to bitcoin some ways.I think you can do this on different exchanger likebittrex and any other exchange.But now all alcoin and btc dump so hold Bch few days . When you see bch pump than you convert to your bch to bitcoin.I suggest to u now time save and hold bch.BCH price maybe increasd so donot afraid .Wait for some days until market altcoin pump.So make you profit donot sell or exchnge your bch now.

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[aardvark15]

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 converted mine because I expect Bitcoin to have more longevity than BCH. Of course no one knows for sure and it could go the other way. I look at it as a chance to get some free Bitcoins by converting.

I don't think there is a right or wrong answer now so holding both may pay off later if BCH survives. The only problem with converting for me is that you have to jump through a few hoops but you have to do most of that anyway just to claim the BCH.

[The_Dark_Knight]

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 is up to you but bitcoin cash has been flat for some time now, I do not think we are going to get any more positive news so I only see bitcoin cash remaining in that flat movement or going lower in price, so to me this seems like the perfect opportunity to sell.

[iamTom123]

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!

In many days after the hard fork in August, when people who got Bitcoin also received their share of the new altcoin BitcoinCash (BCH) many of us (yes I got some too) decided to sell our share and get converted to Bitcoin. Looking back now and looking at the current value of BCH, had it been possible to change my mind maybe I would just choose to hold it in my wallet. The value of BCH is getting good right now and maybe it really also has a good share of that good future all coins are looking for. though nobody can really be sure what can be in the following days, in my opinion it is holding on to what it already gained. So if I were you...I would continue holding my BCH and maybe who knows it can really make a big run soon and can reach more than $1,000 in value. Just take the chance...anyway you got that coin for free so nothing to lose at all and many possible gains if things would be looking up.

[TheGodson]

Honestly, I think the main reason BCH hasn't plummeted is a combination of some things. One thing, there are probably many users who don't even know that they have it. Another is the fact that it is difficult to get rid of for some people. Especially non trader types. Once BCH becomes available to sell on Coinbase and other places I expect the price to drop. I have a conspiracy that may or may not be true.

BCH was a joyful gift which I exchanged for some BTC and altcoins (I kept a small amount in case I'm wrong, but I'm probably not). It was a bit challenging moving my BTC around and then moving my BCH to another place. There were quite a few steps and it wasn't easy. For people wanting to get rid of it, it isn't so easy. People who want to buy it, can get it fairly quickly.

I've made an observation and perhaps I'm biased, but it seems like the people that know the most about cryptocurrencies recognize BCH's flaws. On the other hand there are a lot of people newer to cryptos. I see a lot of posts talking about how BCH is faster so it must be better. Take a look at Litecoin. It is faster than BCH so with this logic, why not dump BCH and transfer it to Litecoin?

Booooo BCH! Boooooooooo.

tl;dr:

Yes, yes you should convert your BCH to BTC.

[tranle789]

I think you should sell 70% of BCH to BTC because if you have BTC you can buy many other potential altcoins and will probably increase your profits more easily. I think we should not keep many BCH because we are not sure whether BCH market will be stable in the future or not.

[liuqi]

I think you should sell 70% of BCH to BTC because if you have BTC you can buy many other potential altcoins and will probably increase your profits more easily. I think we should not keep many BCH because we are not sure whether BCH market will be stable in the future or not.

Obviously yes BCH's market place value is getting lower when the time it splited from bitcoin. If you have saved BCH in your wallet you an just convert to bitcoin means that amount value will be increase to double the amount in few months but if convert it as different altcoin you cannot speculate its value perfectly.

[BingoDog]

I say yes. I don't see that BCH actualy has a profitable future, especaily not like bitcoin and definetely can't replace it. Maybe currently it looks to some users that it's better solution than bitcoin but if you look deeper and on long term you will figure out that this is wrong perception. So stick to bitcoin, not BCH that it's just another altcoin that will not last long.

[Aaroenz0r]

just hold. dont think about BCH. maybe it can over bitcoin next year. It's free so you lose nothing

[bitcoinbulk]

I've read some articles regarding this and most are recommending to hang onto BCH. There is speculation that it will stay around and have value for awhile. It's much faster than bitcoin currently. Will it ever have the value of BTC? of course not.

Can it keep value and increase in price? sure.

Look at LTC, its been the "silver standard" to BTC right? Why can't BCH be similar?

[roadbits]

I say yes. I don't see that BCH actualy has a profitable future, especaily not like bitcoin and definetely can't replace it. Maybe currently it looks to some users that it's better solution than bitcoin but if you look deeper and on long term you will figure out that this is wrong perception. So stick to bitcoin, not BCH that it's just another altcoin that will not last long.

Now don't sell your BCH because the price of the BCH is coming down. this coin average price is b/w $600 to $700. So wait for some time and when it reaches this target you can convert it into bitcoins. For a long time better you can hold bitcoins. BCH is not safe for long term. No body can give you assurance about this BCH, but many people are advised to hold bitcoins. Go for more people votes.

[johnwest]

The doubt is with everyone but I think the supporters of BCC/BCH is huge and they will pump the coin sooner or later. I would recommend to hold the coins for now and wait for the right time to sell or trade. There may be a future in the near future if we see some applications of it.

[RealPhotoshoper]

I've read some articles regarding this and most are recommending to hang onto BCH. There is speculation that it will stay around and have value for awhile. It's much faster than bitcoin currently. Will it ever have the value of BTC? of course not.

Can it keep value and increase in price? sure.

Look at LTC, its been the "silver standard" to BTC right? Why can't BCH be similar?

I personally consider bch as altcoin , and when it comea to altcoin i prefer to choose ethereum.
I don't believe bch could survive long enough , sooner or later it will become weak.
No source enough for bch to grow , people still believe in the old bitcoin to become the strongest cryptocurrency.

[severaldetails]

I think it's all up to the personal preferences.
When I look at the charts, both develope similar at the moment. What the future holds, none of us knows.
Personally I am a friend of splitting an investment. Through the implementation of bitcoin cash that has been done for me, so I keep it that way.
Even if BCC should lose its value, I haven't had them before. And if they rise, it's good profit for me.

[ScriptYoYo]

The doubt is with everyone but I think the supporters of BCC/BCH is huge and they will pump the coin sooner or later. I would recommend to hold the coins for now and wait for the right time to sell or trade. There may be a future in the near future if we see some applications of it.

I would also have saved this coin for the future. No one can predict how it will develop.
But you need to follow the news about this coin and at its price. If there is very bad news, then it is better to sell the coin

[ahmia39]

If we sell it now, we can benefit more than few days before. Because price bitcoin currently declining, so btc we get from selling bch will be more. And that's my way, because my core goal is have alot btc.

[arpon11]

Bitcoin Cash has a lot of potential and we expect the coins to break the resistance level of $1000 before the end of this year. Selling it now below $500 is not the best decisions to take especially if you are not in need of money now. Since August first we can see how this coin has performed and by this time next year people will see the benefits of holding it now.

[angaper]

Personally I'm not in a hurry to sell my BCH because at the end of the day, I did not invest a single dollar for them, and they mean a capital that I did not count at the beginning of the year.

But in addition, the possibility of having a diversified portfolio is always profitable in the long term and helps us to minimize risks. It is true that I personally see the future of BCH a little gloomy compared to other altcoins, but everything is possible in this market so full of unexpected surprises and if the price of BCH could become a great success, I do not want to lose it, and if it becomes a great failure, I will not lose anything.

[nofuture]

If you dont need money now so you can still hold it. I believe bitcoin cash will go to da moon soon if people accept it

[Getmon]

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 am not really an experienced trader. Mine is not even making great strides in profits. I am only making small profits. But I think it is better to invest in some other coins such as bitcoin rather than bitcoin cash which is not really performing good in the market. There are some BCH backers though and you have to the option which one to do after hearing both sides.