Just woke up to see that the Euro-land ATH was broken last night, and has now become 3870 /BTC. And it looks like it's going to be broken again very soon!
I'm reading all the posts about how BCH is dead, etc. Well, it may be so, but I've decided to hold it for a while longer and see how things play out. My way of thinking is this:
If I sell my BCH for BTC:
- My BTC holdings increase by around 12% (with current prices) = Insignificant gain.
- If BTC plummets and BCH gets a major boost = Significant loss.
If I keep my BCH:
- My BTC holdings stay the same = No gain.
- If BTC plummets and BCH gets a major boost = Significant gain and insurance against the unexpected.
So, HoDLing my BCH allows me to sleep peacefully at night, knowing I'm safe whatever happens. As much as I dislike Jihan Wu, Roger Ver, and all the rest of them, I don't want to underestimate their power. Better safe than sorry.
This seems a little disingenuous.
Firstly the insignificant gain of 12% is actually pretty decent.
Also, if you keep your BCH and it falls to zero you have had a loss of potential money. True that you haven't actually lost money you've invested but still.......
Saying all this I still haven't sold any and am sitting on all of them. I like the idea that if for some reason Johan or Roger did manage to convince enough miners to flip the two coins in terms of value I am no better or worse off