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Crypto Market Update: Bitcoin Cash (BCH) Buying Season


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Image by Eivind Pedersen from Pixabay

 

 

Bitcoin price is highest $95k in last 24 hours. When some Altcoins are performing good and some Altcoins are still down and offering buyers buying opportunity. Count Bitcoin Cash one of those coins that giving chance for buying more. Holders will hold it until the desired amount hit. There was some selling orders in my wallet that successfully filled and now waiting for the price dump of my coin. Want to buy again though market looks moving forward and that's a good sign.

Bitcoin cash performing different when Bitcoin price is pumping. Expecting to see Bitcoin again hit $100k worth price value soon. Whoever expected to buy Bitcoin at $80k, they need to wait because Bitcoin price moving forward for now. Here anything can happen in few seconds or minutes so sometimes predictions of smart crypto analyst could be wrong too. Things are mostly unpredictable and that's the quantity of decentralization.

Trying to observe and understand Bitcoin cash current move. Not sure, but buying BCH could be a profitable deal. Market seems bringing back the green candles for coins but question is, for how long time? None have this answer. Switching coin can be possible for me at this moment but it can cause a big loss so prefer not to switch and stick with one coin for trading. This is a lesson from previous mistake so better not repeat it .

Coin's dump is not as rare as pump so trying to trade practically instead emotionally. A surprise pump for coins is not promised but can happen so I prefer saving asset though half of my asset already in use for trading. Trying to maintain a good balance between trading and holding. Not a financial advice but Bitcoin cash buying can be a good decision because last few weeks it's performing impressively. Best wishes to you all.

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shohana
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Content writer, designer and hobbyist photographer


CTF (Crypto, Tech & Finance)
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