Bitcoin Cash FOMO crazynesssteemCreated with Sketch.

in #bitcoin7 years ago

I personally locked all my cryptos into BTC on August 1 to make a short term profit with Bitcoin CASH.
The generel concept of BCC with 8 mb blocks and simpler Hashing maybe seems attractive, but the markt is already in its Pump and dump circle.

Bildschirmfoto 2017-08-02 um 17.17.18.png

On Bittrex BCC nearly touched 0.5 BTC this is equal to the market cap of Ethereum!
To me personally it locks like the biggest community based Pump and dump ever.
In 1 to 2 weeks Bitcoin Cash will be maybe place 10-20 on coinmarketcap.com and have lost 1000% of its value.

Bildschirmfoto 2017-08-02 um 17.21.19.png

So back to my free BTC Cash and how I spend them: The first half I sold at 300 $ on Bittrex and the second at 560$ on Bitfinex.
I do not regret selling them low instead of 1000$, this is Trading and if you regret choices you made on your understanding your not made for this place!

I would promote to everyone to sell your BTC Cash (if your in for the short term) at 1000$ because guys IT CANT GET MORE ABSURD THAN THAT.

I hope everyone enjoyed August first and made some solid profit, lets have a discussion in the comments.

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