BCH’s value depends on its supply and demand. These factors are often affected by the popularity of the currency. When more people use BCH, its demand increases, and with that, the price goes up.
You can get BCH on any exchange, quite often directly for USD or EUR. Apart from that, it is possible to use Bitcoin as an exchange mediator. Another option is to find someone to trade with in person, however, it can often take some time to find someone trustworthy.
Alternatively, it is possible to mine BCH, however, large upfront investments are required to make a reliable profit, so this is not viable for most individuals.
The price of BCH can be quite unpredictable, as with many cryptocurrencies. It can be difficult to anticipate price movements and upcoming changes, so caution is advised.
Having that in mind, education and market analysis are strongly suggested when investing, as they might help a lot with minimizing losses.
As of Jan 22, 2022, the price of 1 BCH is $ 301.44.
Is it a good time to buy BCH? That solely depends on the market opportunities available. On this date, BCH is bearish