Monthly Visit: A Quick Check On My SmartBCH Portfolio & The Arrival of VERSE DEX
May 03, 2022 - Tuesday, 11:45 PM
Since the downtrending of almost all crypto coins and altcoins in the fourth quarter of last year, I was force to stop doing trades in my SmartBCH Token holdings.
As I viewed the crypto market during that time, I was convinced by my inner me to take some rest from guarding all the tokens that are cold chilling in my SmartBCH Portfolio. Then, I came up with the taught that I will only visit it every end of the month until the market recovers.
As I was able to follow and managed to pursue my plan, here I am now sharing what happened as I visit my SmartBCH Portfolio today. So, forgive me chill'hustler's for a long fussing intro and bubblins, now let's head straight to the main thought of this.
Monthly SmartBCH Portfolio Visit
I forgot to visit my SmartBCH Metamask Wallet during the month end last saturday, so I tried my best to visit it today.
During my visit, I went straight to BenSwap Dex and check my EBEN funds that I have staked in the Pool since October of last year. The Initial EBEN that I was able to buy during the first month of SmartBCH was 127 EBEN for $150 and I added it right away to the pool of BenSwap Dex. Everytime I harvest my EBEN earnings from the pool, I add it right away also to my Initial stakes. Now, I was able to make it grow even though we are still on a shrinking market. From 127 EBEN, now I'm currently holding/staked a total of 197 EBEN. The growth might not be that great to some, but it is beyond great for me as a small investor.
Experiencing Verse DEX: Second Time Around
If you are a user of bitcoin.com wallet, surely you already know about their latest moves on the Bitcoincash world, which is the launching of their very own exchange project named, Verse DEX.
Verse DEX has three types of network design in their DEX, but only two are already live.
Centralized Exchange
Decentralized Exchange - SmartBCH
Decentralized Exchange - Ethereum (coming soon)
For now, let's just tackle more abot Verse DEX - SmartBCH.
The first version of this DEX was launch last April 5, 2022 to be exact in which they named it the Verse DEX V1. The day after their, I already added worth $10 of $BCH to its liquidity and haven't check it yet if it's already earning.
The only thing that is being waited patiently by the supporters of this DEX is the launching of its very own utility token which is $VERSE.
Adding to it, if my memory is right, they also add four more SmartBCH tokens in the DEX.
During the launched of Verse DEX - SmartBCH, it only has 3 tokens supported.
$BCH
FlexUSD
FLEX
Four newly added tokens.
EBEN
JOY
LAW
POTA
This DEX is still very young and new and for this sole reason alone, I'm too passive for this one that I also invested in it right away when it was launched. For now, I'll just continue keeping an eye on the launching of their native/utility token $VERSE chill'hustler's and once it's live, I'm pretty certain to buy some of it.
Author's Thoughts
As I look back on my SmartBCH journey and experiences, the only clear thing that changes as the market keeps plummeting is that the support also from the small holders slowly fades, especially from the users of both read.cash and noise.cash platform chill'hustler's. That's the clear difference I see as of this writing.
For me personally, I'm taking it as a long term investment already even though my funds are currently having an impermanent loss of more than 60% to it. Such loss for others is already a hit to them, but we all know in the crypto investment world, we have the golden rule to only invest what we can afford to lose and never ever sell your funds on a lose too.
That's all for now chill'hustler's cause I'm feeling too heavy on my eyes already and calling for its needed vital rest.
Hello there Chill'hustlers!! 🙋🏽♂️ That's it
for today and as always, I'm glad you
reach the end again, thank y'all for
always sharing your day with me, see you
on the next one Chill'hustler's. Have a
chill vibe month of MAY and stay hopeful
cause better days are comin', Good vibes
always, Jah bless and PEACE ✌️!!! 🙏🙇
Adieux..!!!
------------------------------------------
Title : Monthly Visit: A Quick Check On
My SmartBCH Portfolio & The
Arrival of VERSE DEX
Author : @Carewind - 109th Article
May 03, 2022 - Tuesday, 11:45 PM
My Previous Articles:
Wow ibang level na talaga Ang knowledge mo pagdating sa cryptocurrency,