I am pretty sure you already heard about SmartBCH and many tokens are invading it. It's all tradable on the first ever DEX Benswap.cash, it's very cool as the transaction fees cost is very low compared to Ethereum and even on Binance Smart Chain.
BCH community especially the noobs are gone wild chasing Airdrops of the newly created token here and there, meme competition are also rampant on each token just to catch attention of people to let them have support in the community.
I participated in airdrops
I didn't think Shibacash will give me good return of investment, I thought it was just some random token that will be dead after some Airdrops or whatever.
I joined the SmartBCH Telegram then this Shibacash creator chatted โAnyone give me your SmartBCH address, I'll drop some Shibacashโ and of course I am airdrop hunter sometimes so I didn't let the chance slip away.
I sent my address then after an hour I received the drops. It was about Millions of Shibacash.
Then the Shibacash creator made his own Telegram group chat, you can join here if you want some updates about the token.
Many of us in #Club1BCH received the drops, upon checking the price it was too cheap so I decided to buy more worth $1 only.
During the time that I bought it the price of BCH is I think at $660+ that is why the total amount in BCH is only 0.00149.
After buying $1 worth, I already had 6 Trillion plus Shibacash. We even laughing in the group chat if it reached $1 per Shiba then we all be billionaires and trillionaire lol.
I wasn't really paying attention to it, and I don't even think it will pump hard. Then I saw a post at noise.cash of a certain user Jack689 who posted about it.
Yesterday, i already convert my token to BCH. I convert my Shiba token to BCH (hope that my decision is okay๐คง). Yesterday, i wake up in the morning and check my metamask. I see that the value increase.
The convert my all Shiba to 0.26 BCH๐คง. That time I'm super happy that i didn't convert it at 0.1 BCH because it's become 0.26๐ฅณ. I bought it for less than $1 and now it's become $160! Huge profits ๐คญ. I already send it into my Bitcoin app yesterday night ๐๐
Source: Jack689 post
I didn't even believe it at first I thought he was talking about Shiba Inu in BSC because it pumps hard as well on that day he posted.
I asked to clarify if it's Shibacash or Shiba Inu. Then he said, Shibacash so I checked my wallet right away.
Then I saw it's real, the 6 Trillions I got is worth 0.135324BCH during that time. I was actually late on its ATH (all time high).
Then I decided to secure gains before it drops down again, I only swapped 4.5 Trillion Shiba to 0.10 BCH.
Right now I only had 1.6 Trillion Shiba left in my wallet. I left it in case it will pump higher soon at least I still have something left to go to the moon.
The 0.10BCH is worth $63+ during I swapped at $635+ price per BCH, since I have $.70+ something left in wallet before swapping for the gas fee purposes.
While the current price of Shibacash as of writing this article is only 0.0153688 BCH, it goes down from 0.03+BCH during I swapped it. But I don't mind it anymore if ever it will be up again then I'll be glad if not then, it's okay because I already secured some profits.
Closing Thoughts
Imagine from $1 investment I had profit of 0.10BCH within a short span of time. If you are newbie in this crypto verse always practice to secure your capital and some profits once your investment is doing nicely, because crypto is volatile much more if some random tokens you bought might be susceptible to rug pull.
This 0.07 BCH from Shiba profit was used for another investment which is the $AxieBCH token. I bought 10,000 AxieBCH that is worth 0.07 BCH during pre-sale. I didn't touch it yet, I plan to hold it for long term as I am now a scholar of Axie Infinity game under Axie BCH guild!
While the 0.03 BCH I plan to trade it or maybe add it on my WBCH and stake to earn more EBEN.
Note: Original content unless revamp.
Thank you for reading!
Date Published: September 23, 2021
Congrats po๐. Laki profit. Buti ni sell nyo na po yung shiba nyo. Bagsak na sya ngayon ehh. Buti din na sell ko din agad yung akin nung mataas pa๐น.