Bitcoin Cash - Is it time to buy or sell
As you can see on picture below...
on Aug 19 it was above 900$. 3 day's after...
It's going down and down and down...
and now BCH is flat for 2-3 day's.
Is it time to buy or sell BCH?
Right now I am mining BCH on eobot.com because I want to be prepaired if BCH start to go UP!
As You can see on picture Ripple is very close to BCH. Market cap is really close.
What you think about BCH? Crash or sky rocket?
BCH is worst performing big-cap this week. (https://steemit.com/trading/@bronevik/daily-altcoin-digest-01-09-2017-litecoin-rose-29-week-to-week)
It mines at a loss comparing to BTC.
On November we prepare for another fork, drama will flow there.
So, I can't see a brighter future for BitCash. It may pump day-to-day but eventually, BCH will rest at 10 mbtc or less.
You are right. The worst coin in last 5-7 day's.
Until November BCH will have ups and downs in next month or two, I am 99% sure.
Like Charlie Lee said, Bitcoin and Bitcoin Cash are in a winner take all battle. I don't think Bitcoin Cash will win, I'd sell while/if you're ahead and go to Bitcoin and hedge with Litecoin.
BCH may be nice for speculating but for long term hold, it has lost the battle with BTC.