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replied 2385d
BitcoinHoarder
how? because of rising price of the Amazon stock? or?
BitcoinHoarder
replied 2385d
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 2384d
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 2384d
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 2384d
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 2384d
Oh I see. Thanks for the info. Will check it out.