Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gyrsur
on 30/08/2017, 08:00:53 UTC
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.
+1

stay save with a hedge (BCH) against the future of BTC.