Cryptocurency investment review for the year 2017: Bitcoin Cash

in #cryptocurency7 years ago (edited)

This is another review on investment in cryptocurency for the year. Today's review is about one of the youngest and at the same time one of the most popular cryptocurency called Bitcoin Cash (BCH).
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Bitcoin Cash (BCH) is a hard fork of the cryptocurency bitcoin. The fork occurred on August 1, 2017. This means that BCH officially started on the 1st of August, 2017.

BCH has done excellently well in the cryptocurency market and has found its way to the 3rd spot on coinmarketcap.com

In less than 5 months, BCH has increased drastically and the value is currently more than $1,500.
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On the day that BCH was birth, August 1st, 2017, BCH started at $294.60. For anybody that invested in BCH on the day it was birth would have made a profit of over 400% by now. Someone said can this be true? Yes, it is very very true. A profit of 400% on an investment in 4 months is very good if you ask me.
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There was a great increment in the value of BCH and after just a month at the start of September 1st,it has increased to $588.40. This means the value increased by 100% in just a month from August to September. An Investment on the 1st of September would have yielded a profit of more than 150% excluding investment in just 3 month
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On the 1st of October saw a slight drop in the value of BCH as the value was $433.38 on this day. It was a good news for investors cos the best time to invest is when there is decrease in value. For investors who invest on this day, the profit by now will be around 250%. That is just in 2 months
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By November 1st, the value of BCH started at $438.30. And by now, investment made on that day would have yielded close to 250% profit in just 1 month. I'm telling you, this is the best investment you can get anywhere. 250% profit in just 1 month? I'm speechless
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As at December 1st, BCH has broken all barriers and the value started at $1381.81 on this day. In 1 month, this is an increment of close to 220%. Any investor who invested in BCH on December 1st which is just 12 days ago would have made close to 10% profit by now.
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Graphical chart of BCH since August Screenshot_2017-12-13-19-39-22.png

Graphical chart of BCH for the past 3 months Screenshot_2017-12-13-19-40-02.png

Graphical chart of BCH for the past 1 month Screenshot_2017-12-13-19-40-19.png

Graphical chart of BCH for the past 7 days Screenshot_2017-12-13-19-40-28.png

Graphical chart of BCH for the past 24 hoursScreenshot_2017-12-13-19-40-41.png

We should all remember the saying that :
The best time to plant a tree was 10 years ago, the second best time is now

Be an investor
Invest in Bitcoin Cash (BCH)
Invest in cryptocurency

All screenshots are from coinmarketcap

You can also read up my posts on the review of 2017 investment on other cryptocurencies

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I got in at $600+. It had been quite a ride :)

Keep enjoying your investment bro

Thanks a lot

Very insightful, thanks

Its so elaborative...thanks for this info..its very useful

Thanks for reading through

@fatherfaith

When someone said cryptocurrency is the new blood money, I never disagreed. I'm still shocked.

@penauthor

I think it's even more than blood money 😂

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