Bitcoin cash crash
Does it have any special technology behind it? Why invest in Bitcoin Cash instead of any other altcoins? Other than it's association with Bitcoin, BCC has no real competing advantage and frankly I don't see why Bitcoin Cash would be a good long term investment especially when it's competing with dozens of promising altcoins which are way cheaper and less volatile than BCC!
I also think that the fact that a lot of big exchanges do not support the new coin can affect its long run! It definetly keeps it away from the average trader that do not want to sign in into more than one exchange. For anyone looking to invest in the coin, I would advice to only put in what you can lose and be mentally prepared for a big loss! No one can predict the future and tell for sure if the coin will survive long term and have any value. This fact alone should make you act with precaution!!
Thanks for the comment: Of course, there is a lot that can happen to BCC and the price might eventually rise to the moon but as i am a bit of a conservative trader, i like to put my money on solid ground: You have completed some achievement on Steemit and have been rewarded with new badge s:. Award for the number of comments. Click on any badge to view your own Board of Honor on SteemitBoard.
No one can predict the future and tell for sure if the coin will survive long term and have any value. This fact alone should make you act with precaution!! Thanks for the comment: Of course, there is a lot that can happen to BCC and the price might eventually rise to the moon but as i am a bit of a conservative trader, i like to put my money on solid ground: You have completed some achievement on Steemit and have been rewarded with new badge s:.
Award for the number of comments. Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click here. If you no longer want to receive notifications, reply to this comment with the word STOP. By upvoting this notification, you can help all Steemit users. My personal take on the subjet!!!! I would not be suprised to see a huge pullback on the current price for various reasons.