
This is personal observation not a financial advice. Bitcoin cash looks like only tradable coin at this moment, I've some reason behind thinking like this. Bitcoin cash (BCH) is one of the favorite cryptocurrency of mine. I'm familiar with this coin since 2022. This is the Altcoin that I always prefer and recommend my people after the Bitcoin. Though considering price value Ethereum comes after Bitcoin but chosing BCH after BTC is my personal preference.
These days crypto market is down and that's not a new news to you all. But when I was observing last few days, I discovered that Bitcoin cash price up and down in 24 hours offering crypto investors and traders to trade this coin. For example, in last 24 hours BCH lowest price value was approximately $493 USDT and highest price value was around $529 USDT. Isn't it good enough to trade Bitcoin cash? For me it's a yes though not a financial advice for anyone.
Let's do a simple math. Suppose you bought 1 BCH at $500 USDT and sold it at $520 USDT, per Bitcoin cash you could make $20 USDT. So, the trading looks pretty good, isn't it? It could be $25 USDT too if you could set selling order at $525 USDT, it could be $29 USDT or more too but I just made a easy trading math or plan. Unfortunately I don't have any Bitcoin cash in my crypto wallet and the coin I have, not pumping like this, so this is just a observation or plan that can't be excuted by me at this moment. Such a big regret for me.
Many of you know my next plan and it could be possible only when I'll be able to sell my current crypto coin at least when it will hit the buying price of it. No wonder that my crypto asset value reduced 3x which means, I bought crypto coin at price 24 cents and the current price of the coin is 7 cents, which means it's more than 3x reduction of my crypto asset value. Such a big mistake on choosing coin but if someday get the chance to buy BCH, I'll trade Bitcoin cash as long as possible. This coin has big potential compared to other Altcoins and token I'm holding at this moment.
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