Looking At the Recent Surge in BCH Should we invest in BCH?

Hate2Wait · Jul 5, 2023

I think we all have witnessed the Surge in BCH prices in the past week or so and it was not on one occasion rather on at least 5-6 occasions that it reached a peak and all this made me interested in this cryptocurrency and I would like to ask everyone if it's a good idea to invest in BCH for now?

Looking At the Recent Surge in BCH Should we invest in BCH?

IB D · Jul 5, 2023

BCH has always proven to be a viable coin that someone can hold and profit on. Given it's recent performance in the market, I would invest in BCH because it has potential for more increment.

Suba · Jul 5, 2023

So far I haven't paid much attention to the development of Bitcoin cash, because I only have a small BCH balance. But if we look at the performance of BCH on Jan 01, 2023 it closed at $96.95 and currently the BCH price is $279.10 which means there is a price increase of around 288%. ATH $4,355.60 was reached on December 20, 2017.

According to my prediction using the Trendline, in mid-July the BCH price will reach above $ 320. If we predict BCH using AI, the BCH price will reach $ 333 in 2023.

riberet19 · Jul 6, 2023

When an asset rises so much you should not invest in it, this is just a mistake to get caught in it, because when the asset is overbought it tends to fall and correct and clean all excesses, if you think it is profitable to invest in BCH, wait for lower purchase points.

cherry123 · Jul 6, 2023

Why not if from your assessment it is a viable coin then you can go ahead to invest in it. but I think bch as always been a profitable coin

Niyi Briggs · Jul 7, 2023

BCH is a crypto coins that has always done well. It has dipped for now but that run of the last few days would surely happen again anytime soon. If you have some spare money, invest in BCH.

Golden9 · Jul 9, 2023

It's a risky move to jump on a train that has already moved this much in cryptocurrency. If you want to take the trade, you shouldn't forget to use proper and tight risk management strategies

SHAHID987 · Jul 9, 2023

Crypto market becomes sometime unpredictable, you can't judge and you lose some money, so in my view the prime thing is to control yourself. As BCH price was in increasing trend I started purchasing and selling and followed it till peak level and finally purchase it on 302.5 now it is far lower than that level. If I would have some USDT then this is the time to purchase it on
266.

Bisolami · Jul 9, 2023

Hate2Wait said:
I think we all have witnessed the Surge in BCH prices in the past week or so and it was not on one occasion rather on at least 5-6 occasions that it reached a peak and all this made me interested in this cryptocurrency and I would like to ask everyone if it's a good idea to invest in BCH for now?

Looking At the Recent Surge in BCH Should we invest in BCH?

Bitcoin cash is a good coin that we can invest it but I no longer invest in it since I switched to litecoin because I did not even have enough money to invest in two coins at the same time

Hate2Wait · Jul 9, 2023

I know and I was also interested in it and that's why I converted all my LTC to Bch in hope to see another surge but it's not happening and is dipping all the time

Bisolami · Jul 9, 2023

Hate2Wait said:
I know and I was also interested in it and that's why I converted all my LTC to Bch in hope to see another surge but it's not happening and is dipping all the time

Let us see how it will go but make sure that you trade your coin when you see that the price is coming down. You can just trade it for USDT. That will be better and you can buy again when it is low

Magnus2022 · Jul 9, 2023

Suba said:
So far I haven't paid much attention to the development of Bitcoin cash, because I only have a small BCH balance. But if we look at the performance of BCH on Jan 01, 2023 it closed at $96.95 and currently the BCH price is $279.10 which means there is a price increase of around 288%. ATH $4,355.60 was reached on December 20, 2017.

According to my prediction using the Trendline, in mid-July the BCH price will reach above $ 320. If we predict BCH using AI, the BCH price will reach $ 333 in 2023.

Do you think AI can predict accurately the price of cryptocurrencies? Well, we are living in weird world with a lot advancement. Let's watch and see if your AI BOT prediction will come true.

Hate2Wait · Jul 9, 2023

I am still new to crypto currency and there are so many things that I am learning on daily basis and will see if I can convert these to USDT to stay on safe side

Suba · Jul 9, 2023

Magnus2022 said:
Do you think AI can predict accurately the price of cryptocurrencies? Well, we are living in weird world with a lot advancement. Let's watch and see if your AI BOT prediction will come true.

No one or any sophisticated tool can predict crypto precisely and accurately, that's why besides AI to predict crypto I also use manual trendline, only as a guide for making decisions.

Hate2Wait · Jul 9, 2023

I once tried asking chat gpt to predict the prices of crypto and it denied lol and replied that it cannot predict the real time information. So not sure how to

Suba · Jul 9, 2023

Hate2Wait said:
I once tried asking chat gpt to predict the prices of crypto and it denied lol and replied that it cannot predict the real time information. So not sure how to

Of course you can't directly predict crypto prices on Chatgpt.Have you entered crypto prices, and other historical data, especially the factors that affect crypto prices, on the chatgpt service. and this AI technology will predict prices based on available patterns.

Bisolami · Jul 10, 2023

Hate2Wait said:
I am still new to crypto currency and there are so many things that I am learning on daily basis and will see if I can convert these to USDT to stay on safe side

Converting to USDT has been helping me for years now. It would not be nice if I lose my money or if the value of my money reduces so it is better to change to fiat currency

Hate2Wait · Jul 10, 2023

Do you mean you have been doing that on trust wallet or some other wallet? Can you explain a little bit more about it so that I can try doing that too @Bisolami

Bisolami · Jul 10, 2023

If I want to convert my country to USDT on trustwallet, I will make use of pancake swap. You can check for it in the trustwallet browser but I mostly make use of Binance

Hate2Wait · Jul 10, 2023

If I remember correctly then I have converted my crypto currency into USDT once but it was when I was using Probit global wallet but I left it because it's transaction fee is roo high

Looking At the Recent Surge in BCH Should we invest in BCH?

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