Buying STEEM and loosing significant in BCH

in #bch7 years ago

Well, after I had a lot of trouble buying crypto I finally send some money to the exchange ($3000 USD) and yesterday buy BCH at the beautiful price of 3900 USD. Sadly today a BCH worth 2700 USD (ouch..what can we do!)

I don't know what to think of the people holding that currency. I suspect they were waiting for the right moment to sell. Its very sad, I truly believe Bitcoin should not be the first in market capitalization. I think it was good, at the time, but now it's obsolete (transaction fees, confirmation waiting time, overload network)
Bitcoin was good for the crypto world because now everybody knows what a cryptocurrencies is. The spectacular yearly return of BTC had a lot of news and a lot of entertainment. Life is all about entertainment, money is entertainment, politics is entertainment, sports, music etc.

I think BCH is better than Bitcoin only because has no fees. And this is why I like my money in a cryptocurrencies rather than in a bank. I don't want to give anything to banks. They are getting richer with someone else's money, they lend our money with the risk they want and they are not going to pay when they loose.

My hate to the banks is bigger than my fear of loosing all that money! But.... I think is good to diversify. I 'm going to buy BTS and STEEM. I though on ripple first (sorry) but then I didn't find out a wallet in their official webpage (yes thats how easy I take decisions) Know the problem is, how I convert half of my BCH to STEEM? Any comments??

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You could use shapeshift it doesn’t require an account and I believe they accept bch. Or setup an account on Bittrex and you can trade your bch to btc then buy steem.

Thanks for answer. Yes I have to do bch -> btc -> STEEM because in sahpeshift STEEM is temporarily unabailable

Oh ok if you don’t have a Bittrex account it’s easy to set up.

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