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BitcoinHoarder
2384d · Stocks to buy with your BCH. FAANG.
if every BCH investor held even one amazon stock (ticker AMZN) for one year, that alone would double the BCH market cap.
En Fri Mand
replied 2384d
how? because of rising price of the Amazon stock? or?
BitcoinHoarder
replied 2384d
If the stock price increases, your holding profits in BCH increases. So market cap of BCH increases. My statement mistake is that we’d all have to be all in AMZN.
replied 2383d
Can you elaborate a bit more? I'm not clear on how owning a retail/tech stock relates to the price of BCH.
BitcoinHoarder
replied 2383d
If a lot of us have BCH profits growing from stock investments, that would increase BCH market cap assuming a lot of us invest in stocks. I’ve doubled my BCH for example.
BitcoinHoarder
replied 2383d
With certain brokers (such as SimpleFX), u can buy stocks with your BCH. So if a stocks price goes up, your BCH profits grow. I have pic of my portfolio in this thread to illustrate.
replied 2382d
Oh I see. Thanks for the info. Will check it out.