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RE: Bitcoin (BTC) Evening Update: Primary & Alternate Price Pathways
I have added a long position arounf 17100 mark bit I missed the entry at 16000 mark as I was sleeping. This is still good becaise this correction was needed for next leg up to 23000 as suggested by you.
The recent btc dump was more a bch effect as it was listed on coinbase so people sold btc to buy bch. Now it is time for bch to correct.
I would love to see how you see Bch now
My target for BCH is $3,333
Could you please do an update on litecoin and XRP?
Thanks mate
Great Its right time to sell BTC to USD or buy BCH ?
Too late, they pump about every six weeks (last time was Mid November, same effect) - thats all it is, a pump by Chinese Miners (mostly on bithumb), and those who get in too late, lose their money. There's still a good chance to buy bitcoin cheap at this time, though. BCH - I would wait for the next likely pump around end of January, likely together with some news about "Wall Street getting into crypto investments soon"
BCH isn't worth it, I would prefer Litecoin to it anytime, there's just the cognitive dissonance as the name begins with "bit" - just another altcoin really.
However if enough people suffer from cognitive dissonance, it will become their god.
Personally I will just trade bch. I am not selling my long hold btc to buy bch. This is just hype and bch will return to its normal price around 1500 to 2000
If you invested in BCH instead of BTC at launch you would have made more money, it has out performed BTC. BCH offers much lower transaction fees, is faster and doesn't need third party, private companies to scale. Its more than just hype.
Thanks bro for this info it help me a lot .
No way is this just hype... Bitcoin Cash actually works.
I converted to BCH 40 or so days ago. The next best time is right now.
Well played.
the signs are everywhere. In long run, Bcash is much better than Original Bit. Thats why it has risen so much.