My Observations on Other User's Profitable SmartBCH Journey
Blog #150
February 05, 2022
As I was reading some articles about those users who gain lots of profits in SmartBCH, I learned many things from them. I learn some strategies on how one can be successful in their SmartBCH journey.
Note: What I will be sharing today is all based on what I read on every user's SmartBCH portfolio.
Others have a profitable journey in SmartBCH because they are active on Presales. Every Smartbch token did presales and it's a great advantage for those who are active in participating in it because they can buy the tokens at a cheaper price than after the presales.
Ever since I started in smartBCH, never have I participated in those events. Well, I must say, I am always late with those tokens or if I am not late, I have lots of hesitation whether to participate or not but I really ended up doing nothing.
I remember when I started in SmartBCH, that's a week after the end of $EBEN's presale. Many days after the presale ended, the $EBEN token's price went up which made the investors take a lot of profits.
That's one reason that pushed me to enter SmartBCH. I saw many users in noise.cash making lots of noise about getting more than twice of the money they invested on that particular token. With that successful journey of theirs, I entered SmartBCH hoping that I could gain lots of profits too. But since I am not really a risk-taker, I only invested a few amounts.
But thanks God, my $20 after a month, made $28 profits. That's smaller compared to what others have gained but I can say that it was still a successful journey for me. It's my first time investing and I am glad to see the result of my investments.
Others have a profitable journey because they take risks in farming in every DEXes that has huge APRs.
I read lots of articles about this. Others share how their farming journey is and I can say their farming gives them lots of profits because of those huge APRs. Huge APR can immediately give you more tokens to harvest than those that have smaller APRs.
Well for me, I just tried farming once but after doing so, I didn't do it anymore because I'm afraid to experience another impermanent loss just as what I experienced in my first farming.
Others have a profitable journey because they are lucky to have minted rare NFTs that can be sold at a higher price.
Last week I read the article of @Eunoia about his Wojak NFT that was sold at 0.35 BCH. The minted price of that NFT was 0.04 BCH and because it has some rare traits, it was sold within two hours at a higher price. If you want to read his article, just click it here.
Not all who minted the NFTs are lucky enough to own a rare NFT, just as what @TengoLoTodo said in his article on the last day, he has decided that NFTs is NFM (NFM means not for me).
Just like him, I can say that NFT is not for me too because the last time I bought the Cattos NFT, those are just the common ones. I don't have the luck to own a rare one but that's okay. At least I already know how to distinguish between a rare and common NFT.
Those are the three observations that I have on my mind after reading those articles of other users here. I know there are lots of things that I haven't noticed yet and that is what I am going to find out in the next few days and weeks.
Thank you for reading this blog of mine today. Have a great weekend everyone.
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