Bitcoin Cash

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank.

Bitcoin Cash was created in August 2017 as a hard fork of Bitcoin. A hard fork is a software modification that splits a single cryptocurrency into two.

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. 

Unlike Bitcoin, Bitcoin Cash believes becoming a medium of exchange is a more effective way to become adopted as a form of money, rather than prioritizing status as a store of value.

Similar to Bitcoin, Bitcoin Cash has a hard supply cap of 21 million. 

Bitcoin Cash is more progressive and adaptive to technology upgrades than its more conservative counterpart, Bitcoin. Bitcoin Cash implements upgrades on a bi-annual basis.

Monitor BKLY to buy the dip if the stock pulls back 3% or more.

Buy the dip

Free up cash for my down payment - trim $3K of my Tech stocks daily.

Down payment cash

On the 1st of the month, roll my brokerage cash into the highest yield account.

Highest yield hunt

If the Fed cuts rates, trim 10% of bank stocks and rotate into high-growth tech.

Fed rate cut protection

Sell covered calls on FLYF and CZP positions aiming to generate $5k/mo.

Income generation

Sell 10% of my consumer staples and reinvest into high-growth tech if CPI is >4% next month.

CPI hedge

Every day, buy the close and sell the open for $5K of CZP.

Buy the close, sell the open

Sweep any cash over $20K from my checking account to my bond account.

Idle cash management

Monitor META earnings calls. If Zuck says "VR" 10+ times, place a $5K put on META.

Zuck's VR put

When the President posts positive sentiment around a stock, buy $5K worth.