20-02-2022

In everyday life theirs alot of thing goes on and everyone is busy with their own things meanwhile peoples like me in crypto sticking besides window or mobile seeing market and charts but still in just second losing life saving with one bad news is enough to destroy your profit and the reason i leaved trading moved into Smart BCH was spending life without taking stress and monitoring markets everything was running perfectly.

In a world full of elon musk's some peoples like me hustling to change their lives and just one bad decision can have a huge impact on whatever you've done in your life and stock or crypto is one way away from losing your whole life savings so that's why peoples do many risk managements etc and since I've been in crypto i literally never take care of managing risks i just made investment blindly and sometimes it becomes worst nightmare

And something similar happened after emberswap so let's carry on with this crazy story.

My bad days in Smart BCH has begun already

Bad days has been begun in Smart BCH since before and knew that something bad is waiting for me but when and how i was unaware with it.

So this was not started after emberswap it's happening with me since long and I've lost more than half of my portfolio like thanos wiped my portfolio with one swap and now waiting for my saviour like ironman that's the only way now to recover.

And first time when i lost my life savings was in muesliswap which is no more left so let's start from their.

Lost my life saving again in cowswap

I lost life saving twice trusting a same dex and this credit goes to muesliswap XE cowswap, so we all know this month they rebranded it and gave us hope once again

Or maybe it was a trap giving people high APRs and than rugging like before, more like a slow rug.

Even my track sheet of this month started with MILk token and i only invested what i can bear to loss or for long term like invest and stake or forget.

This is chart of MILK and it's already crashed i didn't sold when i was in profit knowing this will happen but for long term return i decided to hold.

Some Investments turned out worst

I knew things are not looking good but i kept moving with a positive mindset and than i invested in fire, cly , mist more than 69% of invested in this token this month

And mist crashed, CLY crashed so already half of investment gone for now but will keep holding it till they reach to new peak till than I'll grow slowly and steadily.

Current sheet of this month look like this and mostly 70% in loss till now.

I lost life saving in emberswap

Not lost yet because as long as I'm Holding it in my wallet it's value isn't same anymore but 1ember=1ember make sense right.

Technically i didn't lost too much till now and slowly by slowly recovering it back but how i almost lost my life saving is something everyone should take lesson.

Missed 5x because of simple mistake

Exactly when dex was live my plan was to buy ember as much as i can with fire I've been holding since so long but in the end i missed more than 5x profit because of little ignorance

Was getting this error and i tried increasing slippage but didn't worked than tried increasing gas fee to 1.047 but didn't worked and now tried to change round number but it didn't worked

So 5million fire was giving me 1240ember but while finding a way to buy it reduce to 400ember almost 5x higher already

In the end i was able to buy setting gas to 1.05 gas fee meanwhile i set it to 1.047 so this mistake cost me a huge loss.

Instead of selling i decided to stake

Bought ember when it was 5x high already but still i got some like 200ember from airdrop and i always sell in profit but this time i decided to farm it and decided not to sell

Now those 200ember was worth around a BCH but i didn't sold any so price of ember was slightly decreasing

I already make LP and leaved in farms but what's coming was unexpected.

Impermanent losses wiped out almost whole initial investment

Farming was my one of biggest mistake because impermanent losses was literally turned out worst this time

These are the only three farms I've left in emberswap, APRs are quite low now as compared to last day but I'm literally in much loss now so can't even remove my liquidity till it reach back to it's initial investment.

Their was some other farms, only two more which is fire /BCH and AXIEBCH/BCH but i removed both of them i didn't lost any in AXIEBCH farm but lost 0.04BCH in farm farm because it's price crashed so badly but Apr was low so i removed it without Caring about losses.

With these three farms I'm currently harvesting and sending into the vaults locking them for a specific time so i can control my emotions instead of selling loss.

For now prices of both ember and fire is way much down can't even think of selling that's why currently I'm not homeless nor i lost any life saving so if you give attention because of heading than thank you and pray for healthy recovery of my portfolio because things got out of hands now.

I've learnt few lessons from mistakes I've made and this was a complete new experience of mine literally learned alot and won't going to repeat those mistakes ever again because impact is too much.

For now share your story and experience with emberswap hope I'm the only one with loss here and tbh i believe in this dex and long term holding will be the best thing i can think right now but any other suggestions are appreciated so don't hesitate to share it.