Crypto: Are you among them? (BCH). News and update.

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Avatar for FashTioluwa
Written by
1 year ago
In community: Club1BCH(4ac4)
Topics: Cryptocurrency, Life, Crypto, Blockchain, Money, ...

It is no longer news that the crypto market has taken a drastic turn from what people thought would happen in the last quarter of 2022. Many believe the last quarter would be the uprising of cryptocurrency which made a lot of people purchase different crypto assets, but currently, all candle stick have turned red.

Read.Cash

Readcash has provided people with the ability to earn while writing and doing other things, it is a platform where you can teach and also learn. Recently, there has been a drop in how @TheRandomRewarder give tips to blogs or article but no one is to blame. The people who sponsored this platform like @MarcDeMesel and other pioneers have done a great job till this present moment.

Many people still get tips from Rusty (The Random Rewarder) which has been their encouragement to keep writing. I believe the reason for the drop in the reward is due to the drop in Bitcoincash (BCH).

The price of BCH from the beginning of the month keeps dropping which is not encouraging even for people hodling the coin. Cryptocurrency is tagged as the currency of the future but it doesn't look that way for now. You can't have your money depreciated and still want to give it out. I had $5 and I tip out $3 thinking a miracle will happen with my article but rusty withheld all her tips. I understand the reason for that because I also won't want to tip out the little fund I have if it keeps dropping.

Crypto World.

All around the world, a lot of people have sold their assets for fiat currency because it's like someone keeps stealing from the money they kept in a safe vault. I remember a friend who sold a coin that was worth $40 months ago for $15. I felt sorry for him. Some people have lost hope in cryptocurrency and the ones left standing are the strong ones who also need encouragement.

I will do the best I can to increase my earnings. It has been hard and I'm sure many people can relate. It is not easy spending all your time here and doing what you love doing just to get a tip of $1. Not complaining because I understand the market and how things are hard not to talk of the hyperinflation that's going around in the world. The dip really affected many of us but keep your faith strong.

To round it up. Congratulations to the Argentine for winning the world cup. Congratulations to all Messi fans all over the world including myself.😀😀

Till we meet again... Wishing you all a merry Christmas and a happy new year in advance.

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$ 0.08
$ 0.03 from @Porwest
$ 0.02 from @Fexonice1
$ 0.02 from @Bisolammy
+ 1
Avatar for FashTioluwa
Written by
1 year ago
In community: Club1BCH(4ac4)
Topics: Cryptocurrency, Life, Crypto, Blockchain, Money, ...

Comments

My first time on the platform have been going through some articles and I am learning, I should say readcash is really a very powerful site .. for everybody it is really God not to talk of the random rewarder

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User's avatar Tosin
1 year ago

The random rewarder is back.. Just be diligent and focus on writing a good write up

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User's avatar FashTioluwa
1 year ago

Thanks bro

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User's avatar Tosin
1 year ago

you are welcome fam

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User's avatar FashTioluwa
1 year ago

The one thing I have said about this site recently is that I think we are partly to blame for the downfall. Not of BCH. But of the tipping algorithm (and posted an article expressing my thoughts).

The thing is, it is supposed to be a community, and as such, a community only works and succeeds when everyone within it is doing their part to make it work. It is one thing to enjoy the generosity of one or two people who were funding the site. But ultimately if the idea was that we would ONLY take here and not GIVE, then what do we expect the outcome to become?

It makes no sense for someone like Simon or Marc De Mesel to just simply give a bunch of people free money just because.

Sure. We write and we essentially "work" for it. The site receives nothing in return really other than an expanded awareness of BCH and perhaps encouraging more transactions to boost its viability as a legitimate thing.

But that can't be all that it's about. It needs to be a community where we all work to fund it. We all work to promote it. We all work to promote the idea of it. We all work toward the goal of advancing the cause and advancing the site and advancing the awareness of BCH.

Ultimately, I believe if we ALL work toward that goal we will ALL make money, even if we are ALL also contributing some of what we earn or add by increasing our own tipping and we ALL become a Rusty of sorts.

Overall I still believe read.cash can be a great and profitable place for anyone who wants to not only contribute content, but contribute to the site with their own money as well. Consider what the possibility would be if we had a million users all able to add a penny or three to our coffers? It would far surpass anything Rusty might tip us.

And the site would soar to the moon, as would all of our wallets.

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User's avatar Porwest
1 year ago

People joined because they where told, when you write we would pay you. I think the site generate some kind of funds from the traffic on the site.. Though I'm not an expert in the way money is generated from sites.

Also, the price if BCH keeps dropping.. Who would want to listen to the coin that keeps dropping. The crypto market is in a bad shape and all we can hope for are better days.

People who are currently on readcash haven't gotten tips or money in a long time. I don't think anyone would want to transfer fund to readcash and tip people due to the hyperinflation.. Though there are still some people out there who can afford that.

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User's avatar FashTioluwa
1 year ago

The funny thing about your article is that we have the same amount of BCH😂. I know you will still come and shout about the world cup here😂. Eyin eyan Messi. He actually tried.

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User's avatar Bisolammy
1 year ago
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