Taking Advantage of My Idle Crypto- Bitcoin Cash (BCH)

Avatar for Eirolfeam2
3 years ago
Topics: BCH, 2021, Cryptocurrency

Last night, I published an article about My 5 Bitcoin Cash Goal For The Year 2021. While I am optimistic that I will be able to pull that goal off before the year ends, I have decided to make the existing Bitcoin Cash I have on my bitcoin.com wallet to work and help me make that goal into a reality.

That being said, today, after verifying my account in Celsius using my Passport, I sent 1 BCH to my Celsius wallet.

To those who don't know yet, Celsius is a crypto wallet, a platform where you can earn and borrow up to 30 different cryptocurrencies. This is just like the traditional banks we have in the Philippines like BPI, BDO, Landbank, etc. where we can put our savings and get interests in it. The Network will lend our coins, which will make us earn dividends.

If you don't have an account in Celsius Network yet, you can use this sign-up link or use my referral code 192965f204 when signing up and earn $20 in Bitcoin with your first transfer of $200 or more. After signing up, you have to complete your Know-Your-Customer (KYC) process and the available IDs to verify it are Passport and National ID, then you can deposit the $200 worth of crypto into the Celsius wallet address provided. You can also earn weekly interest depending on the type of crypto you are going to save or deposit in your wallet.

Initially, I planned to send all of the Bitcoin Cash I have accumulated from read.cash, which is around 1.35 BCH, since I joined this platform last September 6. However, if I do that, my bitcoin.com wallet would be too boring to check or look at because there will be nothing left there. This is why I only sent 1 BCH today, and to also check and plan how things will go from here.

My original plan in taking advantage of my idle crypto, which is our favorite coin- Bitcoin Cash, is to lend the BCH I earned from read.cash to Celsius, and lend the BCH I earned from noise.cash to Nexo. This is for me to be able to track how much have I already earned from both sites. However, after being disappointed in the huge fee in sending the BCH to Nexo, which is almost $1.00, I decided not to send it there anymore.

I also came to realize that if I have more capital to save or lend, I have a bigger interest to earn. So instead of sending the BCH that I earned from the 2 sites to 2 different lending wallets, I have decided to just combine all my BCH into Celsius wallet and manually track how much have I earned from both sites already. After all, my main goal is to save and earn 5 BCH at the end of the year.

So my new plan is to send a specific amount of BCH on Celsius every week that will come from read.cash and noise.cash, after getting the interest of the coin from the past week. However, I still have no target amount of BCH to send each week. I am thinking of sending 0.05 BCH per week, but I'll still see if that is feasible or not, or if I can make it higher.

I will also try to make an update every week or month about the progress of my goal and that is to make 5 BCH this 2021.

So if you also have a goal to save and earn BCH this year, I suggest you take advantage of your idle crypto by lending it to either Celsius, Nexo, or Blockfi.

Good luck with all of our BCH Goals! πŸ₯³

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Avatar for Eirolfeam2
3 years ago
Topics: BCH, 2021, Cryptocurrency
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Comments

Need ng ID sa Celsius? Wala ako ID, so Nexo nalang lahat. Masyado mong ginagalingan ang plano mo sa buhay baymta, baka naman pwdng paambon ng kunting kasipagan jan πŸ˜‚. Dami na agad ganap sa buhay mo, kamusta naman life ko nekuwww. Pero same goal naman taung lahat kaya, Good Luck sa ating lahat πŸ’ͺ

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3 years ago

Oo. Need iverify para magamit ung Celsius. Balak ko na ngang ilipat sa Nexo ung nilagay ko dun, pero hayaan ko nalang muna kahit 1 month lang. 🀣 Ung mga goal ko minsan eh hanggang goal lang naman. Hahahaha Push lang. Para sa goal. πŸ₯³

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3 years ago

Ah hindi naba, so sa Nexo nalang talaga wala naman sigurong limit dun

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3 years ago

Thank for this, I gain knowledge on what best lending wallet to use. I will go with celsius then, I just wish our Mr. Robot here is generous as before, good luck to your goal again.

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3 years ago

You can use my referral link or code when signing up with Celsius. Yeah, I hope for that too. Thanks. 😁

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3 years ago

So it's an application, while nexos can be use using a browser πŸ€”

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3 years ago

Yup. πŸ˜‚

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3 years ago

Wow 1BCh😯😯😯 Too bad I failed on Celsius and was trying to Nexo but you mention na malaki Ang fee? Pero need pa mag save para dumami pa Ang Bch.

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3 years ago

Sorry late reply. Hahahaha! Malaki lang po ang fee nung ilipat ko sa Nexo ung BCH ko galing noise.cash kasi mabigat daw po ung coins na ililipat ko. Basta inexplain na un dati ng noise.cash bakit malaki ang transaction fee. 😁

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3 years ago

ah Kung malaki ata Ang amount pero Kung maliit Lang so maliit Lang ata Ang fee. Okay Lang gamiton so Nexo?

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3 years ago

Parang ganun po. Opo, okay lang gamitin Nexo kasi everyday naman ang bigayan ng interest dun.

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3 years ago

okay tanong Lang c Nexo wallet ba or exchange din like Binance? saan ba dapat e store Ang Bch natin? SA 1 BCh club goal haha.

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3 years ago

Wallet lang po yata ung Nexo. Ung sa 1BCH Club naman po, kahit saan yata pwedeng ilagay ung BCH basta ang goal eh makabuo ng 1 BCH. Pero mas maigi po na ilagay sa bitcoin.com wallet. 😁

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3 years ago

so mas safe sa Bitcoin. com? advance Lang mag isip wla pa ngang $30 haha malayo pa Naman December πŸ˜† Pero thanks pipiliin ko Yong mas safe dahil baka ma hack daw pag Hindi personal wallet ata.

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3 years ago

Opo. Pinakasafe option sa Bitcoin.com. Goodluck po. Kaya yan. 😁

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3 years ago

Ang ganda mo na tapos ang ganda pa ng plano mo sa buhay. 😁

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3 years ago

Wow. πŸ˜‚πŸ˜‚πŸ˜‚

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3 years ago

πŸ˜‚ Walang halong biro haha

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3 years ago

thanks for this.. bilang super newbie sa BCH confuse na confuse ako sa NEXO and Celcius haha

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3 years ago

Welcome po. Sana may naitulong tong article ko kahit papaano. πŸ˜‚

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3 years ago

Cool, I tried using Celsius but it just keeps logging me out. So i just started my Nexo journey today though, but with TRX...was unable to convert the old BCH wallet path to the new wallet path.

How did you manage that though?

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3 years ago

I didn't do anything. I just copied the wallet address from Celsius to the bitcoin.com wallet, and viola, it's there after 30 minutes. πŸ˜‚

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3 years ago

πŸ€£πŸ˜‚ ...I'm talking about Nexo Wallet

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3 years ago

Lol 🀣🀣🀣 I don't know. I haven't sent anything to Nexo yet.

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3 years ago

Ok thanks...the transaction finally went through though just took longer time as compared to TRX

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3 years ago

Ayan.. Nabasa ko din.. Sayang palpak na ako.. Kasi me pa $20 sana na promo pag nag send ka $20 or more.. Kaso nawala na ako sa concentration at ayun $16 lang na send ko at ang $21 nasa binance. Anyway, since nagets ko na ano gagawin ko, thanks to you, I might make a dummy account using my sister's.. Tapos after send ko dun yung $200 ko to get the $20.. Hehehe.. Anyway, salamat sa idea talaga.. ❀️❀️❀️

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3 years ago

Hahaha! Nice idea po. Sayang ung sa account mo. $20 din sana na promo un. Pero okay din meron ka pang isang option. 😁

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3 years ago

I'm planning to lend my bch to nexo but I only have $150 in BCH so I think I will hodl it firstπŸ˜† I will save more BCH before lending it to nexo since we only earn a little amount of interest since there's only 4-10% of interest. Ilang percentage po sa Celcius?

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3 years ago

Laurence, thanks sa comment mo kahapon about dito.. Pinarealize mo sakin to.. But ano ba mas maganda, nexo or celsius? Akala ko sa celsius ka.

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3 years ago

No no hahaha nagtanong pa lang po ako kay PVMihalache ng infos about Celcius pero di ko pa natry dun pero sa nexo nakapagtry na po ako kaya medyo may background na ako dunπŸ˜†

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3 years ago

Gusto ko talaga sa Nexo kasi everyday ang bigayan ng interest dun. Hahaha πŸ˜‚ Sa Celsius, 4.51% lang ang interest.

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3 years ago

Mas malaki po sa nexo hahaha 5% nakapagtry na ako dun eh kaso that time $18 pa lang pera ko eh sabi ni Ate Eybyoung next time na daw ako magganun kasi mas maganda nga daw kung malaki which is tama namanπŸ˜†

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3 years ago

Hahahaha Mali pala pinaglagyan ko. πŸ€¦β€β™€οΈπŸ€£ Lilipat ko nalang after 1 month. Kunin ko lang ung promo na $20. Hahaha πŸ˜‚

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3 years ago

Hahaha yes po, 1month yata bago makuha ano po?πŸ˜† also, try to use the promo code "welcome2020" I think that's the code na binigay sakin ni PVMihalacheπŸ˜†

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3 years ago

Oo. 1 month pa. 🀣 Triny ko na yan. Ayaw naman. Hahahahh

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3 years ago

How about welcome20?πŸ˜†

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3 years ago

Ayaw din. πŸ€”πŸ˜‚

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3 years ago

Ay alam ko na po kung bakit hahahaha sabi sakin ni PVMihalache bago daw magsend ng kahit ano gamitin daw muna yung code eh nakapagdeposit ka na po yataπŸ˜†

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3 years ago

Ah. Baka ung sa promo code din un. Nagamit ko na kasi code ni littlenewthings kaya nung nilagay ko ung code na welcome20 bago ako magdepo, ayaw tanggapin. Hahaha

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3 years ago

Okay sakin ang welcome 20 yun lang namali ang amount na na send ko.. 😊😊

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3 years ago

Magkaiba po yata ang referral code at promo code eh? Ewan hahaha

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3 years ago

Magkaiba ba? Bakit ayaw sakin? Kaiyak. Hahahaha πŸ€”πŸ€£

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3 years ago

Hahahavyes po magkaiba yata? Kasi may binigay sakin na referral code may binigay ding promo code, before daw ako magdeposit dapat daw activate ko muna yung promo codeπŸ˜†

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3 years ago

Hala.. Wait.. Mmmm.. So mas okay ang nexo.. Salamat naman at nadaanan ko din ulit Tong comment section mo.. Mmmm...

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3 years ago

Hahaha! Hindi ko na din po alam talaga. Pero may ways naman para lumaki din ung APY sa Celsius. Un ang aalamin ko bukas. 😁

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3 years ago

Cge alamin mo.. Si PVM sa celsius siya.. Siguro kung di ma successful yung verification ni ate, direct ko na lahat sa nexo.. Antayin ko post mo bukas. ❀️

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3 years ago

Un nga po. May nabasa ako kanina, kailangan lang magkaroon ng CEL token na hold para lumaki ung APY. Pero ireresearch ko bukas. πŸ˜‚

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3 years ago