I was skeptical when Bitcoin Cash and Bitcoin Gold were first introduced because they are just branches of Bitcoin and I thought Bitcoin Cash and Bitcoin Gold are created just for traders to make quick bucks.
When I heard BitPay, the largest bitcoin payment processor in the world with products such as BitPay wallet and BitPay card, is accepting Bitcoin Cash as payment option, however, I immediately knew Bitcoin Cash has utility value.
Although Bitcoin Cash’s price has risen more than 70% in the last twenty-four hours to $4,068.89 US ($5,232.12 CAD), I will definitely invest in this crytocurrency because I know its price would keep increasing in the long run.
Pursuing this further, I think other bitcoin payment processing companies would soon accept Bitcoin Cash with the success and popularity of Bitcoin Cash, As a result, I will also invest in Bitcoin Cash. The price of Bitcoin Cash is $465.49 US ($598.03 CAD) as of today.
Last but not least, I just purchased Ripple on CEX.IO, an United Kingdom-based bitcoin exchange because CEX.IO also allow traders to buy Bitcoin Cash (also Coinsquare) and Bitcoin Gold as I mentioned on my Twitter.
I know I have signed up for an account on Kraken Bitcoin Exchange, but Kraken does not allow traders to buy Bitcoin Gold. As a result, I would use CEX.IO for now.
Do you think I am very hasty in my decisions regarding crytocurrencies so far? Please leave your comments below! Catch you on the flip side!