This article has little to do the what the Bitcoin Cash market is doing right now. But instead looks at what Bitcoin Cash is doing as a brand. While the crypto markets play a huge role in where Bitcoin Cash sits in the tradersphere, a term I coined for this article. It is the popularity and branding which moves the money psychology. Whether you realize it or not psychology is going to play an important part in the future of crypto. Sometimes beginnings set the pace for all future beliefs, even if those beginning were of a humble nature.
From humble beginnings crypto coins and tokens rose from the ether as symbols of monetary trade. This symbols are what men believe money should look like in the future. Cryptocurrencies carry with them a distinct lever of recognition, growing like giants rising from the mist. While many new cryptocurrencies will fall into the abyss, some will sore like eagles, earning their place in financial history. Like shields carried into battle digital currencies such as; Bitcoin, Bitcoin Cash, Ethereum and many others display logos with a fighting spirit. Bitcoin Cash holds a solid spot at the top of the heap as it gains ground in popularity. Brandishing a logo of the Bitcoin (B) the dollar hash imbedded, with a circle around it, makes Bitcoin Cash symbolism meaningful and strong.
Bitcoin Cash brand recognition and trust will grow as popularity in cryptocurrency's increase. People will view Bitcoin Cash's logo and others on the rise as badges of honor representing beacon's of financial safe haven. They will hold status much like influencers on YouTube, Twitter, and Instagram. Bitcoin is the most recognizable digital currency in the cryptosphere currently. Bitcoin Cash is not far behind, and will likely be pulled upward much like a little brother of Bitcoin. Will Bitcoin Cash ever stand alone at the top? It's not likely but no one can predict the future. A future possibility is that there will always be coins and tokens jousting for positions at the top. This could make possible that one coin or token can never hold a monopoly position on the entire market. FREEDOM!
People in the future will likely posses many digital currencies, placing them in multiple wallets. Digital-currencies like Bitcoin, and Bitcoin Cash represents readily available financial buying and selling power. The mass public has not yet recognized this for what it is, but when they do. Watch Out!... Bitcoin Cash and others will be a part of large and small portfolios for personal and business use. People will be looking to move mountains to have a greater piece of the digital currency pie. There will be a great shift in the psychology of money and the big brands like Bitcoin Cash will represent stability.
Once thought of a scam Bitcoin Cash was slighted and thought of as something to avoid at all cost. Bitcoin Cash has come a long way from being a spinoff coin to where it is now. Bitcoin Cash humble beginnings in August 2017 opening at around $240.00 to hovering at over $600.00 today, and even seeing highs of over $750.00. This will make a believers out of the most staunched skeptics who may still think crypto isn't the foundation of all money, down the road. Of course we cannot forget to mention that Bitcoin Cash had an incredible heyday back in 2017, where it hit its all time high of $4,355.62, but that's another story or another time...
By: Michaelson Williams, tsx, TruSuccessXpert
