Grow Your BCH Satoshis In Bitcoin.com

Long time ago I've already written how to buy low and sell higher in Bitcoin.com via swapping feature. It was my first ever crypto article that was based from experience and I was mentored by sir Telesfor. Until now, I'm still very grateful how he assisted me to learn back then so I can teach others as well, and I think I did my part as I've shared what I've learned.

This is why I love doing guides or providing materials that can help newbies in crypto to start up their journey as I was very grateful to those users here who guided me as well when I was once a noob. Oh well, this isn't about story telling but will show you how to grow your BCH Satoshis in Bitcoin.com, the vivid explanation and proof that you can do it by playing the volatility of the market.

Grow your BCH Satoshis via swapping (flexUSD)

Crypto is evolving and so as Bitcoin.com wallet, way back it doesn't have Ethereum and flexUSD as well as other services.. but right now if you explore the wallet you can see their innovations.

So in this guide let's use flexUSD, aside from that you can also earn interest while holding it, you can read details on Earn FlexUSD While Holding It.

Last March 3, 2022 I decided to swap 0.60 BCH to flexUSD as I also want to experience the daily interest while holding it. It gives me $200.03 flexUSD as I sold it at $329.66 per BCH.

If you see the sent amount was $204.40 but I only received $200.03 flexUSD which means I paid $4.40 as transaction fees.

Hmm transaction fees is high. I know that's what you're thinking of, we always see transaction fees as the hindrance to getting rich quickly haha!

But, we are not talking dollar value of BCH here we are talking about growing your Satoshis so let me show you that it did grow and nevermind the dollar value okay? (Aw Okeey! Okeey kaayo kay mo grow gyud sya) Insert Telma here, lmao.

So here's the $200.19 flexUSD, it became $200.19 from $200.03 since I earned $0.16 cents from holding it for two days, it's amazing right?

The $200.19 flexUSD will become 0.67BCH upon swapping at $290 per BCH, I know I could've have more as it goes down lower than that but whatever done is done..

So you see, from 0.60 BCH it became 0.67 BCH for two days only.. but wait we have to cover the transaction fees when we first swap which is $4.40 it is 0.013 BCH at $329.66 per BCH when I swap it.

Clear Satoshi added on my wallet is 0.0514 BCH..or what we call profit.

It did grow right?

But the dollar value I received is lower since we bought BCH at lower price. From $199.92 sent we only receive $195.58 which means I paid another $4.34 as transaction fees, so the 0.67+ BCH is worth $195.58 at $290+ per BCH.

We won't deduct the second fees in swapping back to BCH since it was already covered, it is directly deducted from our total flexUSD amount.

That's how you grow your sats in Bitcoin.com, sell at higher price and buy back at lower price.

Always check when you swap back if you gained enough and already covered the transaction fees. You might just keep swapping without noticing you didn't gain at all but only covered the fees swapping back n fort.

Please note: The transaction fees I paid $4+ was charge by the third party Sideshift.ai and not by the BCH block chain, if you see when you confirm it's only cents.. the higher fees was the third party's charges to process your transactions.

Disclaimer

Everything written on here is based on my perspective and experience, therefore this is not financial advice. All materials used are for educational purposes only. If you'd like to try it, please be aware of investment risk and do your own research thoroughly.

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Date Published: March 16, 2022