BCH observe a massive pump.
Coin observed a gain of 200% in one month. This is massive growth. At one stage coin was trading around $326. However it did not sustain its worth and trading around $292.
This is not the first time coin observed massive pump. Coin has already all time achieved all time high worth of $4355. Currently coun is almost more than 93% down from its all time high worth.
Coin has huge potential to rise again. Stability in BTC will help BCH to grow. BCH was born from Bitcoin in 2017 and it is offering many incentive like faster transaction and bigger block size to its user.
One of the main reason of huge surge is listing on new Edx market. Unfortunately I have no BCH in my wallet. This reveals importance of diversifying your portfolio. Investors who invested $95 one month turn their investment to $292. Almost more than 3x increase in profit.
This sort of profit is only available in crypto market. I would never suggest you to take entry at current price as there is a possibility of dump in the market. Better to invest after you due diligence. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
You are right diversification is the key to make the most of the growth opportunities and since there are so many coins an tokens we need to have an efficient method to track the present and future opportunities
The way we have seen it's price has gone up a lot within a month and that is a very good thing for those who had already bought it and we can guess from that. So, within the next few months we will see the rest of the coins going up as well.
I need to check my BCH wallet. It was at $200 now gained 50% already. But i did sell a bit at $150 a while ago !
@tipu curate
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I earned a very small amount of BCH from noise.cash when ot was worth $1500. It felt like BCH would beat Ethreum in terms of importance. However, it didn't prove to be true.
You are right about diversifying the portfolio. You never know when the certain coin have the pump and you have the profit
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Right now is a good opportunity to SHORT that coin!
I had some bch and it doubled in price, i bought them long back and i am still holding them.