Quality Over Quantity: An Update Of My Current SmartBCH HODL'S
March 04, 2022 - Friday, 11:30 PM
In every step we take as a trader while risking or fund's on SmartBCH and having setbacks because of some wrong trade entries, we learn and mature with experience.
As I look back on my SmartBCH journey from the beginning and up to now, I just realized that I didn't became mature, clever and wise with my decisions. Now I decide to change my approach and focus on one single goal.
As young as SmartBCH is, there are more and more projects that are going to come and will flood on its chain. As a matter of fact, when I visited my MetaMask SmartBCH Wallet earlier today, I counted all the TOKENS that I have manually imported and added. Right when I'm done counting, I was amaze that it already reach to a number of 93 Tokens and I have long stopped adding tokens since January 25th of this year. How much more if I never stop.
I have decided to focus back again with read.cash and noise.cash because during the months of January and February, BCH market value drops below $300 mark.
With the number of Tokens fast growing on SmartBCH, I came to realize that I can't watch and guard my holdings anymore because I am also currently working. So, I have sold all the other tokens that I have holdings aside from the tokens that are deficits on gas fees if traded.
Latest SmartBCH Tokens I Am Currently Holding
My current SmartBCH holdings as of the moment is now only 11 tokens. To be honest I didn't do any in-deep background check on some of this tokens but just my instincts from reading and hearing news from other content creators and users of read.cash and noise.cash particularly.
My main bases in buying tokens and holding it is just from the tokens Liquidity. If the liquidity of this token is huge, I'm buying it. Hehe...!!! It's way bad and far from all of your strategies for sure but that's how I do the selection of my current HODL tokens.
Here's my latest current hodl funds on SmartBCH chill'hustler's and the price during my time of buys:
WBCH - 0.1 BCH
EBEN - 0.6 BCH
$CATS - 0.12 BCH
LAW - 0.13 BCH
FIRE - 0.1 BCH
DAIQUIRI - 0.1 BCH
SPICE - 0.1 BCH
MIST - 0.06 BCH
DAO - 0.05 BCH
TANGO - 0.05 BCH
CELERY - 0.05 BCH
All in all, my total investment value is 1.36 BCH but the sad thing about it most of these tokens are also down, especially the EBEN token which I have bought last year at $1.60+ dollar per 1 EBEN and after my BUY entry, the price really drop to even $0.41 as of this writing. The current value of the tokens I am currently holding now plays at 0.6 to 0.7 BCH. These funds already has a impermanent loss of almost 50% and that's the reason why also I'm back to writing article again for good.
I was fortunate on my early days with SmartBCH chill'hustler's for I have already accumulated more than 2 BCH all in all, but sad only what's on the list above left because I was jobless also when I started with SmartBCH. But still grateful because it helps me during my jobless days feed my stomach.
Below is a screenshot of my marketcap.cash list of token that I added to favorites in order for me to easily watch the price in one tap and doesn't need to scroll any further to find the tokens I am holding.
From this point forward, I will not ride the small movements of market anymore and choose to wait the longer highs and lows to do buy and sell.
Closing Thoughts
I choose to focus now more on creating article and noising Chill'hustlers because I'm back again working. My time is limited and that force me to stop doing trading on SmartBCH. For those who are still active on SmartBCH and to all who plans to indulge themselves with SmartBCH, always do your own research first for it is always an advantage and relief knowing that we know what we're indulging our selves with.
Stay cool chill'hustler's and HODL...!!!
Hello thereย Chill'hustlers!! ๐๐ฝโโ๏ธ 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 March and stay hopeful
cause better days are comin', Good vibes
always, Jah bless and PEACE โ๏ธ!!! ๐๐
Adieux..!!!
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Title : Quality Over Quantity: An Update
Of My Current SmartBCH HODL'S
Author : @Carewind - 73rd Article
March 04, 2022 - Friday, 11:30 PM
Whoa It looks like I got a lot to learn.. luckily I'm a bit fast learner but I'm happy with simple things. Crypto is quite hard to understand.