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Crypto Trading Update : Planning To Buy Bitcoin Cash


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Last few days bitcoin cash performance made me convinced to buy bitcoin cash instead other altcoins. This could be the only coin that I'm going to hold though the decision not yet finale and will depend on buying using all my stable coins I have now. This is an instant plan and personally I just hope my decision will not cause regret. Bitcoin hit $118k and still at $117k. Altcoins in my favorite crypto coins list also pumping so I can't buy them but bitcoin cash is dumping and this could be the time when I can take advantage of this time.

Should I wait or I just grab the chance I'm having now? Asking myself! And the answer is, no risk, no gain. So when I'm unable to buy altcoins I usually hold or trade, I would love to go for bitcoin cash as I trust this coin. One coin trading would be risky and in the future I may change coin like I would buy multiple coins but at present buying BCH is my decision and already bought $500 worth BCH. Also having plan to hold 1 BCH for long time if I'll be able to buy wisely. Waiting for next buy and that can happen when BCH price will be $495 USDT.

The decision is not based on research and I'm doing this at my own risk so this is not recommended to anyone who reaching this post. This is not a financial advice, this is personal crypto trading update from my side, that can be inspirational for you investors but always remember, your money, your own choice and you’ll fine me always encourage you to buy bitcoin and bitcoin cash as I personally love these two coins the most.

Using all stable coin for one coin is definitely not recommended when you are not planning to hold for long time. If you have plan for investing money wisely, better you wait for red candles in crypto market and dump of coins is not as rare as pump of coin. Now question is, am I getting desperate to take a good decision? Should I wait for red candles and split my stable coins among multiple coins?

So many questions buzzing in my mind but I would prefer buying bitcoin cash, doesn’t matter what going to be happen! Don't want to wait for long and find myself regretting so the decision can be changeable regarding crypto market weather. Will update the result of my decision in my next blog. Till then enjoy trading people.

Thanks For Stopping By!!

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shohana
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CTF (Crypto, Tech & Finance)
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