Should I trade my BTC for BCH?

[FasTroy]

BTC is losing alot just in the past 48-96 hours.
Almost all of last month's profit since September has been wiped out in just 3 days.

It is a disaster for those who hold more than 10 btc or plus right now.

Yes, It drop a lot, I think from 7500$ to 6400$, It's around 1k$, So if someone have around 10 btc, he will lose around 10k$ after this drop of price, It's a lot of money, but i advise them to do not panic and sell the bitcoin, because it will increase soon, and achieve the 8000$ in few weeks later, maybe before the end of this year.

[momopi]

Hi,

I'm new here. Bought in to bitcoin at £5100, sold at £6050, then bought back in at £5400, but it seems to be dropping.

Should I trade all my BTC for BCH on the short term or is it too late to get in to BCH?

BCT seems to be losing me money by the minute.

Thanks.

bud don't panic!! this is a normal game of whales and we can still recover this. but of course BTC needs our help, we need to hold our funds until it stabilize again.

[pixie85]

Nope. Bitcoin has temporarily lost some value to Bitcoin Cash, but once the network gets a long awaited upgrade it will all change.
BCH will never overtake Bitcoin. You guys are hoping that a copper coin will have more value than a gold one.

[Haladay]

BTC is losing alot just in the past 48-96 hours.
Almost all of last month's profit since September has been wiped out in just 3 days.

It is a disaster for those who hold more than 10 btc or plus right now.

Who could have guessed that bitcoin cash thing? No doubt that bitcoin cash's rally is only for show, and temporary. But, anyway, they made a real pump within 24 hours. Nice way to get new investors and then dump all on the new ones.

[maydna]

bitcoin down but bitcoin cash is increase and now i think even bitcoin and bitcoin cash is trying to make stable position before makes next move. we can hope that bitcoin is making correction price for a while and its down into deep price like now but in bitcoin cash, we can still make profit from buy and sell the coin. i hope that there is not much people that is panic because of this situations and they are only holding their bitcoin or they are buy more bitcoin again.

[FrankVVV]

Buy BCH as a hedge against BTC.

[Youngsta]

Buy BCH as a hedge against BTC.

wrong
Buy BTC  as a hedge against BCH. 

[mx667]

BTC is losing alot just in the past 48-96 hours. Almost all of last month's profit since September has been wiped out in just 3 days. It is a disaster for those who hold more than 10 btc or plus right now.

Yes, It drop a lot, I think from 7500$ to 6400$, It's around 1k$, So if someone have around 10 btc, he will lose around 10k$ after this drop of price, It's a lot of money, but i advise them to do not panic and sell the bitcoin, because it will increase soon, and achieve the 8000$ in few weeks later, maybe before the end of this year.

I do not think you should change your Bitcoin to another form of cryptocurrency. That's because Bitcoin is currently the number one cryptocurrency and nothing better than Bitcoin. The Bitcoin price always rises and is higher than any other cryptocurrency. In addition, Bitcoin price development is also the fastest and many people have become rich because of Bitcoin. Investing into Bitcoin is definitely profitable, while other cryptocurrency investments may not necessarily succeed including those you mentioned.

So you better choose the investment that is certain and do not try new things that are not certain. That's just my opinion.

[Clark05]

It's your choice sir if you want to invest your bitcoin to bitcoincash. Because bitcoin for sure will incrrase again after few days and maybe once bitcoin increase again bitcoincash will decrease again. I believe bitcoin is good than bitcoincash. But it's better if you have both this coin.

[jakelyson]

I will choose bitcoin over bch everytime. I do not care if bch is pumping hard. But it is all up to you, if you see profit in getting some bch now, you should grab it. It is not everyday that you can profit from bch. It may suddenly dump again like before.

[Bolt Brownie]

I've bee given info that this is another huge shift, and in the short term BCH is a good idea.

I don't think this is a good idea. This is just BCH propaganda, and if people just keep selling bitcoin for bcash, they they will win this one, and we don't really want that. Mining bcash is not profitable, most of the times, miners do it and lose money, even with the adjusted difficulty. So eventually Roger Ver will run out of bitcoins to swap, and wont be able to do any more harm to bitcoin. Don't forget that futures trading will be possible at the end of the year, and a lot of money will come into bitcoin, not bcash.

If you really want to sell bitcoin, because it's price will probably drop a little more, don't swap it to bcash, otherwise you might help this "attack".

[dimastegar]

For now, you should hold Bitcoin. Because the price of Bitcoin Cash is too high to buy, but I do not forbid if you want to buy it. Can be seen within 2 days, BCH up to 0.2 BTC. However, it should be aware that BCH can go down drastically as well.
BTC> Long Term
BCH> Short Term

[miyong]

Hi,

I'm new here. Bought in to bitcoin at £5100, sold at £6050, then bought back in at £5400, but it seems to be dropping.

Should I trade all my BTC for BCH on the short term or is it too late to get in to BCH?

BCT seems to be losing me money by the minute.

Thanks.

No, i will still hold it. I am not confident in investing with bitcoin cash.

[btcprospecter]

At the moment bch is doing well but for me I see long term for btc you could always invest some into bch for the short term and see how everything pans out.

[ekolet]

Nobody knows whats going to happen, just hedge your bets for now.

[HollowIP]

It is up to you but I wouldnt recommed for long term this bch fomo just temporary bitcoin will go up after this mess and maybe go higher in 2018
bch cannot take the place of bitcoin

[Savik]

This is not "just a dip" for BTC. There are BIG STRUCTURAL PROBLEMS with BTC. There is zero scaling solution for BTC. There are high fees, long transaction times, miners are jumping ship.

At the very least if you hold BTC dont buy more as it goes lower. Make a calm smart decision now, or make a hurried panic decision later. Don't be focused on re-arranging the deck chairs on the Titanic. Get out now.

https://fork.lol/pow/hashrate

https://data.bitcoinity.org/bitcoin/block_time/30d?f=m10&t=l

https://blockchain.info/unconfirmed-transactions

[Jenapza]

Now it's time you sold BCH to buy BTC.
Altcoin rises as BTC goes down, and as always, the BTC chart will bounce over 7500USD
Segwit2x postponed is not canceled. so, it is certain it will happen right
Good luck with your decision

[sic57005]

Anyway trading BTC for BCH isn't a smart decision. Trade for fiat, trade for ETH, trade for whatever you like, almost any Top-100 coin, but not the BCH. It is just scam fork without purpose and reasoning, with the only minimal change of original code of BTC to have 8Mb block (it actually takes 10 minutes). The BCH team flooded the Core blockchain to get all transactions stuck, and used their massive stashes of Bitcoins and Bitcoin Cash to manipulate the prices to trigger miners to move into BCH and traders to FOMO buy BCH.

Screw that. We already have DASH with technical advantages, stable team and history. Ripple has real-world application and deep banking integration.  Ethereum, Monero, Zcash, with perfect anonymity... Litecoin, finally. So why choose Bitcoin Cash? Only because of word "Bitcoin"? It is really bad practice. If BCH will win against BTC then guess what? Expect DASH rebranding to Bitcoin Dark. And then the same story can happen again and again.

[Shamie1002]

I've bee given info that this is another huge shift, and in the short term BCH is a good idea.

I don't think this is a good idea. This is just BCH propaganda, and if people just keep selling bitcoin for bcash, they they will win this one, and we don't really want that. Mining bcash is not profitable, most of the times, miners do it and lose money, even with the adjusted difficulty. So eventually Roger Ver will run out of bitcoins to swap, and wont be able to do any more harm to bitcoin. Don't forget that futures trading will be possible at the end of the year, and a lot of money will come into bitcoin, not bcash.

If you really want to sell bitcoin, because it's price will probably drop a little more, don't swap it to bcash, otherwise you might help this "attack".

Yeah. That is what I am telling the whole they. The whole panicking thing only helps the increase in Bcash. Yet they do not know if it will even benefit them at the end of the big rise. It will just cost them to swap. Maybe the first one who invested, they were the one who really benefited from the big spike. They can even sell BCash now and buy BTC because of their huge profits.