My Journey in SmartBCH! **If I remember it right, the SmartBCH network, a side-chain of Bitcoin Cash, was launched last July 30, 2021.** Shortly after its launching, Benswap, the first Decentralized Exchange of this brand-new network conducted their presale for **EBEN**, their native token. This token can be used to stake in the pools to receive more EBEN tokens just by staking them. It is also a reward for the Liquidity Providers of other tokens so that there is enough liquidity for trading on the exchange. When I heard that the pre-sale of EBEN is about to end, I sent **0.1 Bitcoin Cash** to my coinflex account, and withdrew the BCH into SEP20 BCH and sent it to my Metamask wallet. Because I didn't get to buy during the pre-sale, I bought my EBEN on the exchange and only received **420 EBEN** out of it, instead of 500. Afterwards, because Eben's price was still low that time, I staked my tokens on the individual pool for it to grow more. And after a week or two, the price of Eben slowly pumped and even reached its All-time high of about **$3** per token. I didn't get to sell my tokens at that price but I was able to sell half of it when the price was slowly decreasing already and only sold them at about **$2.50**, which is not bad at all. Because the APR on the EBEN-BCH farm was more profitable than the individual pool, I decided to provide liquidity and staked the LP Tokens on the farm to earn more EBEN. In fact, I wrote about it before in my **Building Passive Income on Benswap: Farming LP Tokens and Staking EBEN** article. https://read.cash/@Eirolfeam2/building-passive-income-on-benswap-farming-lp-tokens-and-staking-eben-0fa6f387 The original plan was to continue farming and staking, but because of some circumstances, I changed the plan. As of the moment, the only thing I'm doing on the Benswap exchange is staking my EBEN tokens on the individual pool.
I still have **500 EBEN** staked and the EBEN Earnings I get here are and will be converted into Bitcoin Cash. After EBEN's success comes the boom of the SEP20 Tokens. Because I didn't want to miss out on some of the tokens and possible profit just by holding them, I slowly converted the EBEN earnings I have in the farm into BCH and used it to buy some Tokens. However, because of my weak hands, I missed out on a huge profit from SHIBABCH where the **1 Trillion** **SHIBA** I had before was only sold for **0.02BCH**. The same thing happened with **KITTEN** but it's all good and no regrets.
Just like others, I also got scammed with **MCASH token**. Lols! I am also holding some **ARG tokens**, the new/fake **DOGE Token**, and some **CHEESE tokens**.
I am also holding some **HODL tokens**, **HONK tokens**, **KTH tokens** (some I received from the airdrop for liquidity providers), **BPAD Tokens** (which I bought during the pre-sale from my staking and farming earnings on the DEXes), and **MAZE tokens**.
I also have some **sVNT tokens**, **UAT tokens**, **AXIEBCH Tokens** (which I bought during its pre-sale from my EBEN earnings), **LARIX Token** (this is another scam token), and **SPICE Token**.
And another set of different tokens here. The **BBB Token** was from a club1BCH member, **CandyMan** **token** which I bought in support of carisdaneym2's token, **ORB Token**, some **CATS** from the airdrop, and **MIST** from farming.
The last tokens in my wallet are **MGOT Tokens**, **Vandals**, **KONRA**, and the **wrapped Bitcoin Cash**. In total, I have already **22 SEP20 Tokens** and I'm planning to accumulate more. Some of these are already scam tokens, and some I'm holding for long-term. If you have extra, you can just send them to my Metamask wallet address. Hahaha! After Benswap comes the **Mistswap** **Exchange**, which is the 2nd DEX in SmartBCH. I got in shortly after it was launched and made a good profit out of the **0.03BCH** I invested in MIST Token. However, after the spark ran out, I sold half of my mist. The BCH I was able to earn from this investment was used to pair up with the MIST that was left and I used it to provide liquidity. To take advantage of it, I staked the LP Tokens to earn more Mist. Because of the high APR on Mistswap, I also provided liquidity for the **KTH-BCH**, and **EBEN-BCH** Pools. These pools gave me profitable earnings because of their massive APRs. But when the APRs dropped, I decided to unstake the LP and removed the liquidity. So as of this moment, I'm not farming or staking anything on this Decentralized Exchange. I'm just holding my KTH, restaked the EBEN on benswap, and sold the Mist from the pool. The third DEX under SmartBCH is **MuesliSwap Exchange**. Just like Benswap, it also conducted a pre-sale for its MILK Token. Because I don't have that much BCH, I only committed **0.1 Bitcoin Cash**, which gave me **180.5 MILK.** After the token distribution, I immediately staked my tokens on the individual pool to earn more MILK while waiting for the price to pump a little. And when the price pumped up to **$0.80** each, I sold **75.5 MILK** (**10** from the earnings and **65.50** from the pool) to get my initial investment back.
As of this writing, I still have **115 MILK** that is staked on the manual pool. The price already dropped after half of its liquidity was removed, but I'm planning to just stake it there until the price recovers again. After almost 3 months from its launching, it's just nice to see that the SmartBCH ecosystem is slowly growing and thriving which is good for the whole Bitcoin Cash community. There are some **RUG PULL** and **SCAM** projects that already entered the SmartBCH network so it is best to do your own background research everytime you invest your money on these projects to avoid losing your Bitcoin Cash. As the time passes by and the network becomes more popular, there will be more scammers who will ape into this ecosystem and try to steal some of your BCH so **always be vigilant**.
41 comments
Wahhhh, ang damiiii. Wala ka nong Joy, Pilipino developer noon and ang taas na sya now. Nabawi ko na initial investment ko. Sad lang mababa nabili ko. Tapos may parating ulit CELERY nman bukas ang start ng presale. Awan lang if bbli ako haha. Ang saya din ano paikot ikutin ng kwarta haha
Meron. Kabibili ko lang kagabi yata. Hindi ko na naisama. 0.02 BCH lang binili ko eh. Hindi ko pa nacheck. Hahaha! Baka bumili din ako ng Celery. Bumili din ako ng Beach kagabi. Hahahaha! Andami na. Sana naman kumita. 🤣
Hahaha same same sa beach, ilang joy ung 0.02? Sana sana talaga UwU saka sana bpad din hihi
1K lang. Hahaha! Magkano na kaya un ngayon? Di ko macheck Metamask ko ay. 🤧
Just now I make my metamask,and I deposit from wagon.cash , and I go sep20 to take some address of token I try the cats but I don't know what the symbol when I will add the token.
Oh. Good luck with your investment journey on SmartBCH. Hope you get to make a lot there. 😹
Grabe whale ng sep20 tokens hahaha actually sinunod ko 'yung sinabi mo hahaha milk binili ko instead of cake🤣 'yung scam tokens, mga ilang weeks/days bago nalamang scam?
Kung sana mag-$1 lahat ng yan. Hahahaha! 🤣 Ayos. Mas mataas APR sa Milk kesa sa PCS. Pero hindi pa kasi stable ang price jan. Hahaha! After 1 to 2 days, kapag nagrugpull na. 🤣
Oo laki nga ng apr dito hahaha gusto ko na nga ipasok 1 bch ko into milk hahaha kaso natatakot ako hahaha baka biglang rug pull🤣
Sana all nalang, sana all rin Risk taker huhu🤧 Congrats Bigtime gusto ko rin mag try ulit sa muliswap kaya lang boob ako, kaya huwag nalang Haha
Hahaha! Hindi ako ganun ka-risk taker kaya nga maliit lang naiinvest ko. 🤣 Try mo na. Pero aralin mo muna pala. Hahaha
Ako po ay kahit meron metamask account ay hindi masyadong makasabay sa mga ganyan hahhahah. Pero okay lang po hindi ko din po kasi maasikaso ng maayos. Pero congrats po sa journey nyo sa SmartBCH. 🥳🎉🎊
Same. Bumibili lang ako ng mga tokens jan for display. Hahahaha 🤣
Ako naman po minsan ay sa mga airdrop lang po talaga nakakakuha hahahha.
I am glad to see the way smartBCH is making progress rapidly.You are already holding enough tokens,my best wishes to you. And I agree everyone should make their personal research.
Yes, and hopefully successful projects are along the way. Ehe! Not yet but I hope for them to pump. 🤣
Anytime I see all these articles, I'm always interested in reading them but as I read along, I tend not to understand some certain terms, is there anywhere I can learn? I want to be like you
Aww. You'll learn a lot about them as you keep reading articles like this. 😹
Oh... Okay o, thanks
I only invested a small amount, yun lng kaya ng budget eh hehe. Nahugot sa mga bills yong iba😁
Balak ko na din po mag-withdraw ng BCH galing sa mga tokens. Need na mag-ipon. Hahaha
Pwede mo nmn withdraw mga yan ganda basta my profit kana.
Ang lalaki ng na invest mo ahh. Ako kaya ko lang i invest is 0.001 to 0.004 bch lang kaya ko🤧🤣. Kaya pag nag pump, liit din haha. Naghinayang tuloy ako na dapat nilakihan ko nung bumili ako nung Joy🤣.1k binili ko worth of 0.001 bch lang ata. tas nagulat ako after 1 hour or minutes, biglang taas na 🤧kaya dat pala tinaasan ko pa🤧😹.
Kelan ka bumili ng joy? Kakabili ko lang nyan kagabi eh. Late na naman ako jan. 🤧🤣
Kahapon mga 2pm ata ehh
Eben , kittens at arg lang token ko huhu . Hindi ko na maaatupag , iwan na iwan nako
Busy ka po yata sa NFT Games eh. 😹
Hindi Naman haha. Nakakalimutan ko lagi maglipat ng bch haha
I love your last charge that we should always make our own research before investing in any of these projects
Yeah, it's a must to avoid possible losses. 😹
Grabedi kaya ng utak ko lahat ng yan hehe, nalito ako ngaun pa lang
Matututunan mo din po yan. Hahaha 😹
Di kaya ng power ng utak ko yan hahaha mala Einstein's brain yata yan haha
No way!!! That's huge. I hope you’ll also become Millionaire in SmartBCH world.
Hahahaha! I hope so. 🤣
Wow! That's a whole lot of token you got
Yeah, some don't have value tho. 🤣
Kahit ilan na yung nabasa ko tungkol dito hindi parin na aabsorb ng utak ko heheh ,ang hirap at nakalilito😄
Ganun po talaga sa umpisa. Maiintindihan mo din po yan. 😹
You have a very good diversification of tokens, you will soon be achieving your goals, you are doing very well. Good luck
I already sold some of those coins tho. Ehe! Thank you. 😹