Sell or hold bitcoin cash ?

[SwannS]

Hello, I did a mistake during the high pump of bitcoin cash few days ago and I bought bitcoin cash for 1800$. Since I'm blocked on it because I don't want to do a loss by selling under 1800$...
My initial plan was to invest in differents altcoins... I think it is a good example of emotional trade  .

Do you think it's a better idea to go out now or in few days when there will be a little pump OR to hold Bitcoin cash for a long period and forget my invest in others altcoins for the moment ?

[kriptotr]

This will be a hard decission actually. The reason is that you cannot guess what those bch pumpers will do next days. Remember it was only around $300-600 in the past days.

It's stressful, but you need to make research about bitcoincash.

Watch hash power, mining activities and other transaction.

[jk_14]

Depends on your personality.

BCash is a pathetic scam and an attack on Satoshi's true vision for a world in which no centralized institution has power over the masses.

So if you are greedy and only care about money, no matter what price, you can hold your BCash and probably still make some profit with it during the next pump.


But if you actually care about living in a world with potential for true peace, then stay out of BCash completely.

If you want a chance at peace and utopia support Bitcoin Core, which exists to remove power from the warmongering parasites that are currently in control of the global financial system.

[SwannS]

This will be a hard decission actually. The reason is that you cannot guess what those bch pumpers will do next days. Remember it was only around $300-600 in the past days.

It's stressful, but you need to make research about bitcoincash.

Watch hash power, mining activities and other transaction.

Yes sure it's stressful ! thanks for your advice

[various]

Hello, I did a mistake during the high pump of bitcoin cash few days ago and I bought bitcoin cash for 1800$. Since I'm blocked on it because I don't want to do a loss by selling under 1800$...
My initial plan was to invest in differents altcoins... I think it is a good example of emotional trade  .

Do you think it's a better idea to go out now or in few days when there will be a little pump OR to hold Bitcoin cash for a long period and forget my invest in others altcoins for the moment ?

I feel sorry for you, I have made such a mistake when  the bitcoincash first arrives.
i think you should sell bitcoincashes without losing more value

[coinsontheroad]

Or you can set your emotions aside and diversify. hodl.

[lokinator]

Depends on your personality.

BCash is a pathetic scam and an attack on Satoshi's true vision for a world in which no centralized institution has power over the masses.

So if you are greedy and only care about money, no matter what price, you can hold your BCash and probably still make some profit with it during the next pump.


But if you actually care about living in a world with potential for true peace, then stay out of BCash completely.

If you want a chance at peace and utopia support Bitcoin Core, which exists to remove power from the warmongering parasites that are currently in control of the global financial system.

While I don't disagree with the purpose of each coin (bitcoin and bitcoin cash) -- And that buying into Bitcoin Cash in the first place is bad for the crypto community -- I don't think holding until the next pump is "greedy". I would call it common sense.

If I were you, I wouldn't touch the bitcoin cash until you can sell it for no loss or a profit. If you sell for a substantial loss, then you are doing yourself an injustice.

I hate Bitcoin Cash as much as the next Bitcoin supporter, but if I was in your position, I wouldn't even consider selling now for a loss or investing in something else with that initial loss. I also wouldn't consider myself "greedy" for holding until I got a profit.

Always remember to think about #1 (that's you & your family) first. Then worry about everyone else.

[WilloSwonkaa]

Hold until it either passes 1800$ again or comes close enough so you can deal with the little loss

[sorrysteve1]

Hello, I did a mistake during the high pump of bitcoin cash few days ago and I bought bitcoin cash for 1800$. Since I'm blocked on it because I don't want to do a loss by selling under 1800$...
My initial plan was to invest in differents altcoins... I think it is a good example of emotional trade  .

Do you think it's a better idea to go out now or in few days when there will be a little pump OR to hold Bitcoin cash for a long period and forget my invest in others altcoins for the moment ?

Well it's good that you noticed your mistake at least and hopefully in future you can learn from it. Right now I'm not really sure where the price is going, I feel like its at its mid point and it could go either way from here. Probably I'd sell but it's always harder to sell at a loss even if it's the right call.

[bitcoin31]

It's up to you if you want to sell your bitcoincash or if you want to hold it for few years. Bitcoincash is potentisl coin because this part of the bitcoin. But I think many people again buy bitcoin so the price decrease . But it's better to have alsp bitcoincash incase the price increase more.

[jk_14]

Depends on your personality.

BCash is a pathetic scam and an attack on Satoshi's true vision for a world in which no centralized institution has power over the masses.

So if you are greedy and only care about money, no matter what price, you can hold your BCash and probably still make some profit with it during the next pump.


But if you actually care about living in a world with potential for true peace, then stay out of BCash completely.

If you want a chance at peace and utopia support Bitcoin Core, which exists to remove power from the warmongering parasites that are currently in control of the global financial system.

While I don't disagree with the purpose of each coin (bitcoin and bitcoin cash) -- And that buying into Bitcoin Cash in the first place is bad for the crypto community -- I don't think holding until the next pump is "greedy". I would call it common sense.

If I were you, I wouldn't touch the bitcoin cash until you can sell it for no loss or a profit. If you sell for a substantial loss, then you are doing yourself an injustice.

I hate Bitcoin Cash as much as the next Bitcoin supporter, but if I was in your position, I wouldn't even consider selling now for a loss or investing in something else with that initial loss. I also wouldn't consider myself "greedy" for holding until I got a profit.

Always remember to think about #1 (that's you & your family) first. Then worry about everyone else.

Well, I do understand that a lot of people got into BCash because of lies and propaganda.
So it's fine if those people go ahead and dump their BCash once Roger and Jihad try to pump it again.

But now that the dust has settled and everybody should be more or less aware of the situation right now,
I can't think of buying BCash in hopes of making profit as anything other than greed and a lack of morals.

[illyiller]

Hello, I did a mistake during the high pump of bitcoin cash few days ago and I bought bitcoin cash for 1800$.

Ouch, that's terrible. Sorry you experienced that. Rule #1: Never chase a pump, particularly one that has already increased 3x in price. Anything that rises as fast as Bcash did is bound to form an Eiffel tower crash formation and bleed out for a long period of time, as all the bagholders from the pump sell into any price rise.

Since I'm blocked on it because I don't want to do a loss by selling under 1800$...
My initial plan was to invest in differents altcoins... I think it is a good example of emotional trade  .

Do you think it's a better idea to go out now or in few days when there will be a little pump OR to hold Bitcoin cash for a long period and forget my invest in others altcoins for the moment ?

I hate to give trade/investment advice. What I would say is this: you need to be able to cut losses to survive as a trader. You already know this is a losing trade. When do you cut it? 33% loss? 50% loss? 80% loss? That's up to you. It's very important to preserve your capital to fight another day.

It's possible that there is a pump coming, but in the short term, the chart looks bearish to me. And there is also bearish fundamental news: Bitmex will be liquidating all customer BCH and dumping it on the market for BTC. Coinbase is also releasing customer BCH within a couple months. That's a lot of supply entering the market.

[lokinator]

Depends on your personality.

BCash is a pathetic scam and an attack on Satoshi's true vision for a world in which no centralized institution has power over the masses.

So if you are greedy and only care about money, no matter what price, you can hold your BCash and probably still make some profit with it during the next pump.


But if you actually care about living in a world with potential for true peace, then stay out of BCash completely.

If you want a chance at peace and utopia support Bitcoin Core, which exists to remove power from the warmongering parasites that are currently in control of the global financial system.

While I don't disagree with the purpose of each coin (bitcoin and bitcoin cash) -- And that buying into Bitcoin Cash in the first place is bad for the crypto community -- I don't think holding until the next pump is "greedy". I would call it common sense.

If I were you, I wouldn't touch the bitcoin cash until you can sell it for no loss or a profit. If you sell for a substantial loss, then you are doing yourself an injustice.

I hate Bitcoin Cash as much as the next Bitcoin supporter, but if I was in your position, I wouldn't even consider selling now for a loss or investing in something else with that initial loss. I also wouldn't consider myself "greedy" for holding until I got a profit.

Always remember to think about #1 (that's you & your family) first. Then worry about everyone else.

Well, I do understand that a lot of people got into BCash because of lies and propaganda.
So it's fine if those people go ahead and dump their BCash once Roger and Jihad try to pump it again.

But now that the dust has settled and everybody should be more or less aware of the situation right now,
I can't think of buying BCash in hopes of making profit as anything other than greed and a lack of morals.

Yes, I agree, him buying into Bitcoin Cash (especially at that price) was a silly/uninformed/perhaps greedy or immoral/etc move.

BUT, he has realized he made a mistake with his purchase of Bitcoin Cash. He would be making a MUCH BIGGER mistake to sell his Bicoin Cash at a substantial loss, rather than sitting on it until the next pump. Especially since there is still enough people (idiots?) out there for another Bitcoin Cash pump to occur (at least in my opinion).

That was all I was trying to say.

[GreatOrchid]

I made a huge mistake too when i wanted to make some profit from that pump/dump situation, i bought some bitcoincash and i earned more than 0.07 at that time, but then i suddenly bought some at 0.24 each one and i wa s not able to sell them at more than that price anymore, so i sold them at 0.22 each bcash and i lost more than 0.08 from that scenario.
I read a thread of someone who bought those coins at $2400 each one because they thought that it was going to be the new bitcoin, he was much more crazy than you, and he obviously lost a lot of money because of that situation.

[shinratensei_]

Hello, I did a mistake during the high pump of bitcoin cash few days ago and I bought bitcoin cash for 1800$. Since I'm blocked on it because I don't want to do a loss by selling under 1800$...
My initial plan was to invest in differents altcoins... I think it is a good example of emotional trade  .

Do you think it's a better idea to go out now or in few days when there will be a little pump OR to hold Bitcoin cash for a long period and forget my invest in others altcoins for the moment ?

You've got trapped by roger shill. You bought bitcoin cash at the peak. You can go out but you must remember to minimize or decrease your loss. Wait a little bit until the price of the bitcoin cash will touch almost $1800. It seems to be a very good way.
Remember you can try to invest in altcoin just like eidoo. There is no doubt because the price will be back again. Honestly, you are missing a lot of opportunity in another coin.

[TooDumbForBitcoin]

Sell this guano at the first opportunity. How you can trust those scammers? (bitmain/ roger ver etc)

[EL-NIDO]

Hello, I did a mistake during the high pump of bitcoin cash few days ago and I bought bitcoin cash for 1800$.

That is really uncool what happened to you. But everyone in the world of crypto has experienced such a same thing before. It is hard to say but be
happy that you are not some of those people who bought Bitcoin Cash at 2800$.

At the moment Bitcoin Cash is at 1200$. I would wait until it moves to 1500$. Then put it in a coin like LISK until the rebrand or Waves until Waves NG update happened and move again to Bitcoin. Only my suggestion if I were at your situation..

Bitcoin is the original and real Bitcoin in which I believe.

[hadang]

I made a huge mistake too when i wanted to make some profit from that pump/dump situation, i bought some bitcoincash and i earned more than 0.07 at that time, but then i suddenly bought some at 0.24 each one and i wa s not able to sell them at more than that price anymore, so i sold them at 0.22 each bcash and i lost more than 0.08 from that scenario.
I read a thread of someone who bought those coins at $2400 each one because they thought that it was going to be the new bitcoin, he was much more crazy than you, and he obviously lost a lot of money because of that situation.

BCH is only temporary pump. And many speculate it will replace the BTC. This is impossible. You can stop with BCH when you get 0.07 BTC. Sadly you did not do that. Trade is not easy.

[Indrawan77]

I personally see that bch is not a good coin to invest, it is a big mistake to buy bch without pating attention to the situation and some of my friends also get stucked with buying bch with a very high price, my suggestion is just sell the bch and continue to other coin, alt coin pump is only temporary and you need a long time for whale initiate another pump

[Savik]

I would hold.

BTC has been flying high, everything else has been crushed. BCH has the lowest correlation with BTC, meaning when BTC goes up or down BCH acts independently.

When BTC goes up, Alts go down.
When BTC goes down, Alts go down.
BCH doesn't give a shit what BTC does.

https://www.sifrdata.com/cryptocurrency-correlation-matrix/