Yep, I got some BCH from the fork as a lot of hodler out there and I'm not sure what would the best thing to do with it (in term of long term return of investement).
I would like to hear the opinion of a few experienced traders on this before making my mind.
If yes, what would be the best way to do this?
Thanks!
I converted mine because I expect Bitcoin to have more longevity than BCH. Of course no one knows for sure and it could go the other way. I look at it as a chance to get some free Bitcoins by converting.
I don't think there is a right or wrong answer now so holding both may pay off later if BCH survives. The only problem with converting for me is that you have to jump through a few hoops but you have to do most of that anyway just to claim the BCH.
I'm holding both, Im not in the mood to go through all those hoops to get my bitcoin cash, I will do it only if it pumps and then I will sell it and get more bitcoin for it, but at the same time Im thinking if it would not be a better idea to just hold it, if bitcoin cash disappear I lose nothing since I got those coins for free but if I hold long term maybe I could get good earnings in the future.
best practice for me is to sell all bch and then buy altcoin lot which surely can generate more profit as soon as possible, i still consider the priority for btc although bch is still stable and have lots of fans in market, better play with fast business logic because bch only coins are born with no intention and clear function, bch will continue to exist only because of the whale game.