FX.co ★ Three options for investors: Bitcoin, Bitcoin Cash or Bitcoin Gold?

At present, the attention of cryptocurrency traders is aimed at bitcoin and its varieties. The excitement around digital money does not subside, so analysts advise to take a closer look at the most popular ones, such as Bitcoin Cash and Bitcoin Gold. The choice is rather complicated: if Bitcoin almost always had a high volume of trade, Bitcoin Cash and Bitcoin Gold are only gaining momentum. Experts tried to answer the question: whatt currency is the best one to choose for trading? Let's consider the main advantages of each of them.

Bitcoin

Bitcoin is considered the basic cryptocurrency, the alternative of which does not exist yet, despite the controversy about its reliability and volatility. Experts note that the correction of bitcoin gives an excellent opportunity for purchases. According to experts, the immediate goal will be the level of the previous high - $7,800. According to forecasts, the level of $10,000 is quite achievable for Bitcoin.

Bitcoin Cash

Bitcoin Cash occurred on August 1, 2017. This cryptocurrency was developed in order to optimize the calculations. According to Vadim Kravchuk, an expert of the AMarkets regulated broker, the benefit of Bitcoin Cash is huge, as transactions in conventional bitcoins become not very convenient, and many companies, working with cryptocurrency, transfer to Bitcoin Cash. This currency is suitable for the "aggressive" part of the portfolio of cryptocurrencies, as well as for regular money transfers.

Bitcoin Gold

Speaking of the Bitcoin Gold cryptocurrency, the situation is not as smooth as with other digital money. The project was launched later than planned. Developers also had to cope with a cascade of cyber attacks, preventing the launch. The purpose of creating Bitcoin Gold is to ensure equal mining conditions for all project participants. For now, you can get Bitcoin Gold only using GPU graphics cards. Experts believe that the rate of Bitcoin Gold can jump at any time. This cryptocurrency is great for miners, as competition in this network is still low.