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Bitcoin Cash : Holding or Selling ?


bitman007

Featured Comment

Posted

Good Morning Friends : Many having different opinions and expectation from Bitcoin Cash Hard Fork and many still confusing about it. As i am looking its technical aspect , i found BCH/USD APEC Snapshot Bias is showing strongl  Bearish .

BitcoinCash continues to fall amid market uncertainty and the fall-out from the BCH hard fork saga.

RSI is fast approaching overbought on the weekly chart,

but given recent price action the sentiment toward it expect further losses

Look in the Chart for more specification : This is we can only hold or buy more ? What your suggestion i am holding my BCH this time for next bull run

 

Screenshot_148.jpg

Posted

Well I'm not really interested in Bitcoin Cash but seeing the huge drop from 1000$ I would be interested. I would suggest you to hodl if you already have it but if your planning to buy I would suggest not to.

Posted

Depends are you a long-term or short-term investor or trader. If you were on a short-term side you should have sold it with the first significant drop a few weeks ago. And if you missed all those red sell signals or if you're on long-term like myself you should probably hold it. 

Posted
On 11/23/2018 at 2:44 PM, Kate said:

Well I'm not really interested in Bitcoin Cash but seeing the huge drop from 1000$ I would be interested. I would suggest you to hodl if you already have it but if your planning to buy I would suggest not to.

Well, not only bitcoin cash but other coins also dropped. Hold is the best choice imo, wait until the price bounce back.

Posted

It seems that it is a rather difficult period currently for anyone holding Bitcoin Cash at the very moment with many exchanges still not supporting it's conversion to other cryptocurrency still currently.

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