7Mon·
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Please read the article by @silas_ch if you are not yet familiar with it, just to anticipate this. I also find the opinion at the end quite convincing:
https://app.getquin.com/de/activity/guSMDxvnEp?lang=de&utm_source=sharing
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Shitcoin.
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Hello Instagram 👋🏻
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$BCH is a great speculative asset for me right now, like $BTC, where I have continuously built up holdings in the bear market and am now enjoying prices around $600. I already have a personal return of +350% with BCH, even though I have only invested very little in it.
From a purely technical point of view, it is of course more practical with the much larger block size and faster transaction time. I think it's clear to everyone that payments with BTC take around 10 minutes and possibly more compared to seconds with BCH. Now you can argue against it with Lightning, but I personally reject that completely.
Of course, the idea of decentralization is compromised with BCH.
I always like to compare BCH with $LTC, and BCH definitely performs better. I have both because they were among the first coins I bought besides BTC. But I look at the situation separately from the technology and approach the crypto market from the role of a speculator.
I will reduce my holdings, which I gradually built up during the bear market, around the coming top of the bull market that is now beginning and then invest in shares and ETFs in a separate portfolio that pay me a steady income. Because that's exactly what I'm missing here in crypto. There are simply no ongoing returns distributed on the long journey. The profits of one are always the losses of the other. And staking and other forms where I receive cryptos are not income for me in the classic sense, because without selling them I still can't buy anything with them and can't pay any bills.
Later in the bear market, I will build up my holdings again, directly from the income from the securities in the separate custody account.
Whether BCH will then be back in the mix is still written in the stars.
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