Bitcoin Cash FOMO crazynesssteemCreated with Sketch.

in #bitcoin7 years ago

I personally locked all my cryptos into BTC on August 1 to make a short term profit with Bitcoin CASH.
The generel concept of BCC with 8 mb blocks and simpler Hashing maybe seems attractive, but the markt is already in its Pump and dump circle.

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On Bittrex BCC nearly touched 0.5 BTC this is equal to the market cap of Ethereum!
To me personally it locks like the biggest community based Pump and dump ever.
In 1 to 2 weeks Bitcoin Cash will be maybe place 10-20 on coinmarketcap.com and have lost 1000% of its value.

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So back to my free BTC Cash and how I spend them: The first half I sold at 300 $ on Bittrex and the second at 560$ on Bitfinex.
I do not regret selling them low instead of 1000$, this is Trading and if you regret choices you made on your understanding your not made for this place!

I would promote to everyone to sell your BTC Cash (if your in for the short term) at 1000$ because guys IT CANT GET MORE ABSURD THAN THAT.

I hope everyone enjoyed August first and made some solid profit, lets have a discussion in the comments.