Bitcoin Cash is a decentralized peer-to-peer electronic cash system that allows global payments without a central authority like a government or financial institution. Many see its inception as a turning point for DeFi as it serves as a long-term store of value and a highly effective medium of exchange. The fixed supply of Bitcoin Cash (BCH) makes it unique, although it shares many similarities with Bitcoin from which it was forked. While BCH uses the same network, the Bitcoin Cash block (in the blockchain) is eight times bigger than that of Bitcoin. This allows BCH to be cheaper and faster and to have greater scalability than Bitcoin. The addition of Emergency Difficulty Adjustment (EDA) makes the BCH blockchain both secure & immutable. Bitcoin Cash supports smart contract languages like Cashscript to enable 'decentralized finance' applications like synthetic derivates trading.
The fastest, most convenient way to purchase Bitcoin Cash is to purchase it on ICONOMI. We check Bitcoin Cash live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Bitcoin Cash by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Bitcoin Cash is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Bitcoin Cash, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the βtickerβ filter to find out which public Crypto Strategies have Bitcoin Cash in their structure.
Here you can read and comment on all posts made by Strategists about Bitcoin Cash BCH. See all Bitcoin Cash price predictions in real time and make the best use of their crypto knowledge.
π€ Rebalancing Info 01.04.2024 π€Β
Strategy Performance March: +28% π
Winner March: $BCH +107% π
Loser March: $INJ -19% βοΈ
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.Β
There has been 1 change in the Top25:
1x Out: $INJ
24 Rebalanced
1x New: $ARB
Everything is rebalanced back to 4% each.
π€ www.crypto-index-25.de π€
BLX Weekly Recap
Bitcoin Cash Halving Sparks Rally:
$BCH recently surged by 13% ahead of its anticipated halving event scheduled for April 4th. Historically, such halving events have heralded price increases for the token. This reduction in block rewards, from 6.25 BCH to 3.125 BCH, underscores the asset's scarcity and potential bullish trajectory. The surge in BCH's price is indicative of investor optimism surrounding the upcoming halving, with open interest in BCH-tracked futures more than doubling to $500 million, signalling increased bets on price volatility.
π€ Rebalancing Info 01.12.2023 π€Β
Strategy Performance November: +13% π
Winner November: $AVAX + 84% π
Loser November: Β $BCH -7% βοΈ
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.Β
There has been 2 changes in the Top25:
23x Rebalanced
Everything is rebalanced back to 4% each.
π€ www.crypto-index-25.de π€
π€ Rebalancing Info 01.08.2023 π€
Strategy Performance July: -5%
Winner July: $XRP +46% πππ
Loser July: $BCH -16% π
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
Again, there has been no change in the Top25: π This happens not very often.
Everything is rebalanced back to 4% each.
π€ www.crypto-index-25.de π€
π€ Rebalancing Info 01.07.2023 π€
Strategy Performance June: -5%
Winner June: $BCH +158% ππ π
Loser June: $MATIC -25% π
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been no change in the Top25: π This happens not very often.
Everything is rebalanced back to 4% each.
π€ www.crypto-index-25.de π€
