I Sold 1 Bitcoin Cash for my Fiat Goals for March **Aside from getting to earn and save 10 BCH before the year ends, I still have other savings goals that I'm working on to achieve every day, week, and month.** In an article that I have published last January titled "**My 2022 Financial Goals**", I have shared there the **4 major Financial Goals** that I strive to accomplish this year. https://read.cash/@Eirolfeam2/my-2022-financial-goals-1c84f6fd My **whole year goal** is to earn and save **10 Bitcoin Cash** from my blogging earnings from read and noise, and from my staking, trading, and farming earnings on SmartBCH. My **monthly goal** is to save **2,500 pesos** or about **$50** for my future **Cebu Trip**, which is scheduled for this coming September. My **weekly goal** is to save **1,500 pesos** or approximately **$30** for the **Future Travel Fund** that I'm building intended for my future travel goals. And lastly, my **daily goal** is to save **250 pesos** or **$5** which is intended for my additional **Savings Fund**. To be honest, I haven't updated my monitoring notes for these different financial goals for over a month now because when the price of Bitcoin Cash was dumped, I couldn't find the courage to convert my extra BCH intended for these goals. I just felt like it would be a waste to convert them at such a low price. So I didn't mind if I was already behind with my different fiat goals.
And just last **March 20**, I sent **1 BCH** to my Binance account which I planned to trade to take advantage of the volatility of the crypto market.
After receiving the 1 BCH, I immediately set a sell order limit with the price of **$320** and it was sold shortly. I planned to buy it back after the price dips for at least $5 to $10 for a quick profit, however, because I didn't have any idea that the price of BCH would slowly pump at that time and it almost reach $400, I couldn't buy back the 1 BCH anymore. I waited for a few days for the price to come down but it's still trying to stay on the price of $380 level.
And because I'm somehow impatient to wait for the price of BCH to drop to my selling price for me to buy my 1 BCH back, I have decided to just sell the revenue I got from selling BCH, including the $36 that I earned from the harvested CAKE earnings on Pancakeswap. I originally had 357 BUSD but I traded it for 356 USDT as the fiat price of it is higher. Then I went on to the P2P Trading on the Binance platform and picked one buyer that uses GCash as the mode of payment. This is now my 2nd time trying the P2P Merchant and I'm really amazed at how fast the transaction is. And after the transaction was finished, I immediately opened my GCash wallet app and checked my notebook for the days and weeks that I didn't get to save for my different fiat savings goals. **Monthly Goal: Save 2,500 pesos ($50) for my future Cebu Trip** https://read.cash/@Eirolfeam2/my-2022-financial-goals-1c84f6fd#monthly-goal-save-2500-pesos-50-for-my-future-cebu-trip
I didn't miss saving $50 for February so I only saved **2,500 pesos** or **$50** for this month, **March**. I still have more than 5 months to save up for my upcoming solo trip to Cebu so that means I still need to grind and hustle for this goal. Weekly Goal: Save 1,500 pesos ($30) for my Future Travel Fund https://read.cash/@Eirolfeam2/my-2022-financial-goals-1c84f6fd#weekly-goal-save-1500-pesos-30-for-my-future-travel-fund
The last time I got to save $30 for my Travel Fund was last March 06 so that means I have to start saving **1,500 pesos** or **$30** from **March 13.** So for the **6,000 pesos** (**$120**) that I deposited, I saved for 4 weeks from **March 13** until **April 3.** Daily Goal: Save 250 pesos ($5) for my Savings Fund https://read.cash/@Eirolfeam2/my-2022-financial-goals-1c84f6fd#daily-goal-save-250-pesos-5-for-my-savings-fund
This is quite a challenging goal, which is why the last time I got to save for it was still last February 25. And since I have enough funds for it already, I made sure to save up for those days that I missed saving $5 a day. So I deposited **8,500 pesos** or **$170** intended for my savings from **February 26** until **March 31.** In total, I saved up **17,000 pesos** (**$340**) for these different fiat goals and it all came from the 1 BCH and Cake earnings that I sold. I still have around 1,000 pesos left from the money that I got but I'll just probably use it for personal expenses. I know some of you would think that I should have just held the BCH instead of selling it into fiat as there is a bigger profit in it, especially when the price pumps. I actually also think that way but I'm quite hard-headed, and I also like to accomplish these goals. I think I also have enough BCH saved up already when the price pumps so I'll have no regrets. Anyway, this is how I spent the money I got for selling 1 BCH. I actually didn't spend it, instead, I also saved it up but in the form of fiat currency or **PHP**. Well, that's all for this blog and a quick update about my savings goals. Cheers and Happy Saving! π₯
50 comments
Wow that's nice to see that. All the best for you.
I wish all the best for you too!
Wow, I aspire. to earn that much also here and other platform. But I will just enjoy, appreciate ans take my time maybe soon I could earn much higher. Congratulations! I hope your trip to Cebu will come to reality, best of luck!
Yeah, just keep going. Ehe! I hope so too. I hope there will be no more travel restrictions by that time. π
Grabe. Iba ka talaga magset ng goal no
Nakaka-haggard nga po eh. π€§π€£
Seems like I wanted to save too for the cebu trip too hehe. I missed doing such things for my self. Someday, I will make it again. Woww you are a goal diggerπ
Yieh. Time to save up for that trip po! πΉ
Wow, for sure makaka Cebu ka yan kasi goal driven ka talaga.
Sana nga. π
Fighting Langga. Bilib talaga ako sayo when it come sa mga goals. Iba ka mag plan. Hoping for the best for all your goals langga. Excited na ako sa trip for Cebu. I'm sure mag eenjoy ka dun. Dun ako galing pero di na ako nakabalik mula nung nag work na ako dito sa Manila.
Excited na din po ako pero medyo takot akong magbiyahe. Baka maligaw ako. Mehehe! π
Your goals are very high I also plan to save 2 BCH till the end of this year through blogging and I am working hard to achieve it let's see what will happen
You will definitely achieve that goal!
Thanks dear for motivation
See you here in Cebu sis hihi. Go lang sa savings goals mo, alam kong ma achieve mo yan. β€
Yieh. Sana makapag-Cebu talaga. Hahaha! π
Ang galing, at a very young age you know how to handle your finances well.π
Ganun po siguro kapag gustong yumaman. Hahaha! π
Yay ! Im jealous at how you handle your finances... Laban! To more gala trip and more savings goal β£οΈ
Yay! Cheers to that! π₯
Galing nang pagka breakdown talaga..
Kunti nga lang natira para sakin. π
Ok lng po yan kasi ikaw din naman ang gagamit nung pera ndi naman nawaldas lng basta basta
True po. Para sa future din naman. π
Tama
God bless to your goal sis. Hope and pray na magawa no yung goal mo and I am sure you can do it.
Aww. I hope so too po. πΉ
Just wow po, God bless sa iyong Earnings. More to come pa, sana mareach mo yung goals mo soon π
Sana nga. π
Ayy laban lang haha. Kaya niyo po yan π
Wow solo trip. Magastos talaga magtravel pero kering keri na. Save mo lang din ang iba for future use at push pa for goals.
True. Pero pwede namang mag-trip on a budget. π
Sama namn jan hahahah anyways congratsss eonnieπβ¨
Tara na! π€£
Welcome to Cebu soon, hope you will have a great time here. π§‘
Will start planning the itinerary na po. Hahaha! πΉ
Wow, Sana all 1 BCH. Soon makukuha din kita 1bchπ
Yieh. Fighting! π«
Sana all hahaha. I need more side hustle para sa laptop. For long term investment ko sana sa read.cash kaya ayaw kong galawin eh hahaha
Hatiin mo nalang kung need naman ng laptop. π€£
Hays sana lahat po nakakapag save para sa future and travel and other expenses hahahha anyway okay lang po yan kung nag-sell na agad kayo atleast na-acomplished nyo po yung monthly/weekly goal nyo. And I'm sure makakabawi naman po kayo nyan.
Grind lang ng grind para sa mga pangarap. π
Amen. Walang susuko.
Nays ang daming division ng BCH na naaccumulate. Need ko na rin maghanap ng ibang side hustle aside from writing here and trading lalo na at f to f classes is waving. Gusto ko walang problemahin parents ko masyado sa gastusin
Ang gastos ng F2F classes dahil sa pamasahe. Hayss. Push lang!
Grabe bilib na talaga ako sayo π pero yun lang nakakapang hinayang kasi ngayon 19k plus na siya.. Pero sabi nga medyo matigas ulo mo he he ..Pero nakaka proud lang talaga
Nanghihinayang nga ako. Pero okay lang. Bawi nalang next time. π
It's always the same, the price goes up after you sell it. It is the unwritten rule of crypto against unlucky users.
That's true. And when you buy, the price dumps even more. Lols!