Holding Bitcoin Cash no matter what.
https://read.cash/@francis105d1/holding-bitcoin-cash-no-matter-what-58a9ad93
When it comes to investing in cryptocurrencies there is no coin like Bitcoin Cash even with its polemic start Bitcoin Cash is, in my opinion, the only coin people should hold but the market is the exercise of free will so those who don't understand why they should only hold Bitcoin Cash will not profit and those who believe in BCH will soon get the rewards.
Bitcoin Cash is not a fork and it is not a Bitcoin that is trying to be it is indeed the actual and real Bitcoin because it works as such and as described by its creator Satoshi Nakamoto, the fact that the narrative of Bitcoin Cash continues to be peer to peer electronic cash system is proof that is not a fork on anyway or form. The fraud that you know today as Bitcoin BTC is in fact a fork from the original idea and as such it is not Bitcoin when its community decided to change the narrative that is when Bitcoin Core BTC stopped being Bitcoin, a store of value narrative is a forked idea because the original continues to be peer to peer currency first and most.
Bitcoin Cash will continue to be peer to peer currency for all rich and poor and as such it preserves the spirit and vision of Satoshi Nakamoto, Bitcoin Core on the other hand is a token that only rich people will be able to use with the whole purpose of speculation and speculation only, those that may try to use it as a currency will be and are being forced as I write this article to use a bank account or custodial services like Wallet of Satoshi and many others, being the last example of this a whole nation, El Salvador which its citizens will have to use a sponsored account service called Chivo. I don't think that most Salvadorians will be able to afford to use LN the proper way or to use Bitcoin Core the proper way either. Using Bitcoin LN the proper way means users must be willing to pay double the transaction cost literally.
Those who understand that Bitcoin Core is a fraud and those that understand that BCH works as described in the Bitcoin White Paper will profit greatly in the future and because not only works but also holds the same narrative since 2009 Bitcoin Cash will continue to go up in price over time. Once you know you hold the greatest asset in the world, you want to either buy more or hold whatever amount you have already so that once everyone else realizes what you know you can profit because the market will correct the fraud that Bitcoin is soon. Make no mistake eventually everyone around the world will know that Bitcoin Core doesn't work regardless of price and at that moment you will have to be into the asset that it will take its place or lose the opportunity.
The only coin that can take over Bitcoin is Bitcoin itself, and since Bitcoin Cash is Bitcoin, you can't be wrong by holding some BCH for the long term, which means holding your coins on cold storage for later use. You will hear that Bitcoin Cash works like cash and that you should spend your money just because BCH has low fees, they are wrong and you will regret it later. The only way to prosper economically is by saving money and putting it aside to invest later, same fact is for Bitcoin Cash, if you can't save Bitcoin Cash it only means you will be poor your whole life.
In the fiat world, you are motivated to spend and spend not just because your fiat loses value over time but because our current fiat system requires that people don't save money and that live paycheck to paycheck, the same logic applies to Bitcoin Cash if you want to build a better future for yourself and your family you must save up today to spend tomorrow. Noticed that in the fiat world people spend money today by going into debt so that at the end of the loan the result will be that you will pay 3 times the original value, while if you have saved you would only have to wait for the time that it would take you to have the total amount to buy whatever you need.
The same logic applies to Bitcoin Cash, it is a currency but you must save it if you want to invest that currency into something else in the future, in other words with Bitcoin Cash you have a currency that will not lose value over time and that can be used once you are done saving, but if you don't save no matter what price Bitcoin Cash is you don't get any better than what you are now. Looks like I am going against the logic that Bitcoin Cash was made to be spent, but in reality, BCH is just like Cash, Cash is useless to you if it is in someone else's wallet.
I am not rich and I have to work for a living so that means that I don't have much money left over every month so one thing you must do if you are in the same situation is to preserve what you already have and try to add up to your position over time or whenever you get some fiat. Sometimes is not about how much you have in your wallet is about how much you can hold over time regardless of the situation. You must save and only invest what you can afford to lose but it must also be money that you don't need any time soon as well.
Conclusion.
Because I know that Bitcoin Cash is an asset that will hold value over time I am willing to save it and that means that I must protect what I already hold, regardless of fiat price, I am so sure that it will be number one that I must try my best not to use if I can't replace my satoshis right away. Bitcoin Cash works as a currency today and it will be in the future, and I don't need to use it today if I don't have to, and I will only use my satoshis if it is something else that I really need, and if I must use my satoshis to help adoption I always make sure that I can replace my satoshis right away. Bitcoin Cash is the greatest saving vehicle for rich and poor and a tool to use as a self loan mechanism if you have the ability to control your finances.
Those that spend their income today and can't save up will always live paycheck to paycheck regardless of market conditions, the question you must ask is if you are financially willing to make the sacrifice to save up a little bit today to have the capital to invest tomorrow.
https://read.cash/@francis105d1/holding-bitcoin-cash-no-matter-what-58a9ad93
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