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Crypto Trading Update: Bought BCH Earlier, Now Holding


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Image by Ernesto Alejandro Pérez from Pixabay

Couldn't hold patience and bought BCH Earlier and once again asset value is reducing. Coin switching could be beneficial if buying would smart or wise. Unfortunately, as usual timing of buying was wrong. Either the holding time will be longer or once again crypto trading decision will cause regret. The current price of Bitcoin cash is the lowest price value of this year and feeling so unlucky that after my buying this down is happening.

As I've told many times in my past blogs that coins hardly does matter, if something really matters that's the decision or step we take for trading. Our loss and profit depends on our buying and selling steps, most of the reputed crypto coins in the market worth buying and holding. Now it seems tough to see see Bitcoin cash price above $500 once again soon. Though I'm expecting $550 or more once again. Spending time on observing.

Now the thing scaring me is the deepest dump. This happened to me in 2024 when I bought Bitcoin cash at the price of $550 plus worth value and later the price fall down below $250 for more than a year, if this happen again then crypto trading will be something I'll never try again because I'm already in a big loss and many of you know my asset value reduced 3x in last few months.

Recently switched to Bitcoin cash with the hope that loss can be recovered but now things are going against the plan. According to past experiences and observations, whenever I buy Bitcoin cash, the price of it constantly get down and this is my second time when I made the same mistake. Waiting could be better for a buy but as always got desperate and took high risk. Except holding coins and patience there is no other way to go. Trying to stay positive even when things are negative.

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shohana
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Content writer, designer and hobbyist photographer


CTF (Crypto, Tech & Finance)
CTF (Crypto, Tech & Finance)

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