Why i think it is time to sell BTC BCH and buy Ethereum
Hello,
recently we have seen BTC rising to new time high, not surprising anyone what surprised us most is this massive rise of BitCoinCash. While i am typing this its is valued 836 $ and have 3,5 bill trade volume. In my opinion it cant be anything but price pumping so that major holders can exit at this rate or even a bit higher (around 1k), so when that happens you will have naive buyers caught with 1k coin that will drop 50% in less than 2 week, panick to sell them and make things even worse. So what will those that acctualy proffited from that do? 2 options: pump BCH again and milk the naive once more, or invest in some safe market with real value and use like Ethereum and ride on that volume and soon double the money again. Why i think they ll go Ethereum? Because BTC is already pumped recently and they will want for price to settle down a little bit before buying more. So in my opinion Ether is next to rise to about 400-500 in less than a month.
If you agree with me please upvote, and if you disagree feel free to share your insights in comment section.
Warning: i cant see future, act acordingly.
Bitcoin had a 90ish % drop in value a couple years back.
If you think that BCH rise in value is pump, you are wrong. It's more profitable to mine than BTC atm and it resolves the mempool issue.
We had this before. We will recover again.
In short run BCH will drop under 500, my opinion, best wait and see.
Good article. Thanks for bringing this to our attention. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. An interesting website I found: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. On: https://www.coincheckup.com/coins/Ethereum#analysis For a complete Ethereum Indepth analysis.