Should I trade my BTC for BCH?

[Abbexe]

BTC seems to be dropping big time for now, but am pretty sure it will rise even more than it was now. My BTC is so precious to me and i will not trade it for anything.

[FOuRTuNEHunTeR]

Buy the dip, sell it high. That is one of the best advise given by the investors. In BCH situation and the price is pumping up by those big whales. sooner or later, BCH price will drop down just like what happen when it reaches $900 then drop to $300. I would suggest that you should always set goals when to sell and when to buy back a bitcoin or invest to other altcoins. You will definitely regret buying BCH when the price is going up. You should follow cointelegraph news. They have technical analysis for BTC, BCH, RIPPLE, ETH and LITECOIN.

[kkofor]

I think you can sell BTC now to buy BCH. I think BCH will go up to over $1000 next week. There is a panic Bitcoin sell.

[savioroshan]

In my opinion both coins are really good. If possible buy and keep some BCH also with you. In long run, you will get profit from it. Since the segwit got cancelled, people will now invest in BCH.  BCH has got many advantages when you compare it with bitcoin and the main advantage is its less transaction fees and easy confirmation. Anyway its upto you to choose which coin to invest because both have hugh potential.

[yonjitsu]

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.

Though BCH is a promising crypto out from BTC's DNA, i don't think i will trade my BTC to BCH. Just hold it man and wait for it to sell it on a higher price. Bitcoin's value is very volatile and yes, you may lose some of your money every minute but wait for it till it rises up again. Unexpectedly, its market value will rise again like crazy.

[TomUyamot]

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.

What we are going through right now is the correction already. This will continue even lower in the next several hours and days most probably but there will also be some little upward movement along the way. There is nothing to worry though because such movements and corrections and retracements are very normal in the charts of Bitcoin and any coin for that matter. But if you consider shifting to BCH better you can also go for it.

[susila_bai]

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.

Entering in BCH is not recommended as it has gone very high and now anything can happen so it is better to stick with BTC as within some days the price will jump up back after this correction is over.

[RenegadeMind]

To me it seems too late now to switch positions.

These things need to be anticipated well beforehand and acted on very quickly. A day or so later is way too late.

[GreenBits]

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.

If you would have jumped in when you wrote this, you could have caught some guaranteed profit. as I type this its a bit late; there may be some additional uptrend or volatility but I wouldnt suggest it personally (im not a big risk hound, I dont like gambling). before you do invest however, consider a few points. why is the price increasing so much, and why now? i will posit that people may be using bch as a safe haven given all the uncertainty around the fork situation. but would it justify this price increase, give how widely distributed it already is. tldr: why are people so interested in it all of a sudden. also consider; why so much gain? is it legit that there is so much demand for bch right now that the price should have gone up this much?

if you cant answer all that, then mayhap you should reconsider your purchase

[kriticko29]

If you believe in long term progress engage with bitcoin. But if you are a profit oriented man and needs a money quickly. Go with BCH !

[entrepmind23]

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.

Bitcoin Cash is getting some volume right now because of the cancelled fork. If you were able to buy after asking here then you are already in profit but if not then know first the reason why it is going up because maybe some people are just hyping it to get out later and you will just be dumped. Bitcoin is having a correction right now and many are expecting it. It may take a few days for it to go up again and people are shifting some of their bitcoin to bitcoin cash because for now, its trend is opposite that of the bitcoin. Volatility is not new in the cryptocurrency market so you should always plan your trade for you not to be burned.

[jtipt]

It's still falling and BCH is still rising.

I'm getting worried.

look at the relative picture, bitcoin had rose to $7.5k in just matter of few days, now obviously it is going to fall maybe set a floor this happens always after a huge spike. On other hand BCH is still the same, a little increase and drops, it's looking promising but it would be foolish to give up on bitcoin just because of a minor fall.

[darkywis]

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.

Just trade it for short term but don't hold to long because it will eventually go drop hard. Its better to hold BTC than BCH for long term.

[East7547]

Original Bitcoin is a much more stable investment

[Hamstead]

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.

Of what happen to bitcoin price at this time, it is not a basis that we surely decide in shifting our btc into bch. It is better if we take an observation of what happen to btc in few weeks more. If it is still falling, then it could be the time to switch into bch. But I really don't think that it would be happen since bitcoin is really gaining and it is proved in many years since from its existence.

[bitcoinveda]

all the money is now flowing into bitcoin cash thats why there is no much movement in alt coins

[digaran]

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

And I have been given info that, this is another imaginary huge shift, in short buy activity tokens because soon they will skyrocket, I swear my info giver is legit, she told me while in her weakest moments, I was promising to jump diagonally then vertically.
If you do trade your Bitcoins for BCH then you gave them what they wanted, you should know that all the BTC holders could convert to BCH and make it the top crypto, but who is behind BCH? one of the largest mining farms, they are mining with ASICboost, they are selling used miners to people.
They lowered the difficulty and increased block size. you'll feel the centralization and will lose BCH to Chinese completely by 2022, Chinese have advantage over BCH mining, they are running the show, I want to know who would they blame if something goes wrong when there is no Core devs?

For now if miners could grow a pair of balls to mine blocks larger than 1MB and fix it at 2 we might see another shift back to BTC.

[monkeydominicorobin]

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.

The question is what the hell is BCH? Who cares about it? No one.

[Sithara007]

A lot of money is flowing in to BCH right now. But be cautious. We are still not sure about the future of the SegWit2x fork. Even now there is a chance that some sort of compromise may arise and the necessary support for implementing the fork may be gathered. I am saying this because with the 1 MB block size limit, Bitcoin will not survive for long. Sooner or later, there is going to be a solution.

[oegarod]

Trading btc for bch seems good few days back. Now the price has grown reaching a value around $1000. We don't have the assurance that bitcoin cash will continue to stay high or proceed to increase. With bitcoin the growth is promising, so it's good to keep bitcoin as it is or it's good to wait for a little.