Bitcoin Cash (BCH) became popular as the first hard fork of Bitcoin (BTC). Most BTC holders and hoarders received it for free but a large number of investors also paid to get Bitcoin Cash. The reason was obvious, back then some considered Bitcoin Cash as an improvement to Bitcoin and accepted it as a newer version of the coin. Roger Ver, the founder of Bitcoin Cash also owns Bitcoin.com and has significant influence in the crypto community. It is for this reason that early adoption and acceptance of this coin was comparatively easy.
The reasons to invest in Bitcoin Cash (BCH) were pretty straightforward. The coin had a faster transaction speed than Bitcoin (BTC) and was a lot cheaper to buy. A large number of investors believed it could outperform Bitcoin, especially those who missed the Bitcoin rally. Roger Ver and his team also used aggressive tactics to attract more investors which was also made possible due to lack of competitive coins back then. So, people who thought the Bitcoin rally was overextended and it was too late to invest in Bitcoin, those people invested in Bitcoin Cash.
More on this analysis here: cryptodaily.co.uk/20...starting-lose-charm/
The reasons to invest in Bitcoin Cash (BCH) were pretty straightforward. The coin had a faster transaction speed than Bitcoin (BTC) and was a lot cheaper to buy. A large number of investors believed it could outperform Bitcoin, especially those who missed the Bitcoin rally. Roger Ver and his team also used aggressive tactics to attract more investors which was also made possible due to lack of competitive coins back then. So, people who thought the Bitcoin rally was overextended and it was too late to invest in Bitcoin, those people invested in Bitcoin Cash.
More on this analysis here: cryptodaily.co.uk/20...starting-lose-charm/