BCH/USD 11/05 target $300 thanks to Venmo

31 ott 2020

Bitcoin Cash is able to process transactions more quickly than the Bitcoin network, meaning that wait times are shorter and transaction processing fees tend to be lower. The Bitcoin Cash network can handle many more transactions per second than the Bitcoin network can. Bitcoin Cash was started by bitcoin miners and developers concerned about the future of the bitcoin cryptocurrency, and its ability to scale effectively. I think BCH/USD is getting ready for a +13% run over the next 7 days. And out of all the top cryptocurrency, I think that Bitcoin Cash has the greatest potential for the biggest % gains this year. On Monday November 2nd at 4:15pm, Paypal (Venmo) has it's Q3 earnings call. As you know, Paypal (Venmo) has entered the cryptocurrency market, announcing that it's customers will be able to buy and sell Bitcoin, Ethereum, Litecoin, and Bitcoin Cash (a hard fork from Bitcoin). "It is hard to overstate just how significant the news related to PayPal (Venmo) supporting crypto transactions is for the adoption and maturation of cryptocurrency. Virtually overnight, over 300 million users will have the ability to pay for goods and services via crypto, and to do so using a platform and interface that is an embedded aspect of e-commerce." (credit: Forbes, Sean Stein Smith). Good luck and happy trading friends...

31 ott 2020

Trade attivo

I took up new positions at 7:37pm 10/30

2 nov 2020

Trade chiuso manualmente

11/01 4:02pm closed

3 nov 2020

Nota

Wow! Major BCH dump! Whew, I sure am glad I made a modest profit on this 2 day swing trade, before this collapse in price, massive volume sell.